Shikhar Consultants reports net loss for FY26
Shikhar Consultants Limited reported a net loss of ₹10.85 lakh for the financial year ended March 31, 2026, with zero operational income. The company's equity share capital remained steady at ₹453.55 lakh, while reserves stood at a negative ₹282.01 lakh. The audited standalone financial results were approved by the Board on May 29, 2026.
*this image is generated using AI for illustrative purposes only.
Shikhar Consultants Limited reported a net loss of ₹10.85 lakh for the financial year ended March 31, 2026, as the company recorded zero operational income during the period. The standalone audited financial results for the quarter and year ended March 31, 2026, were reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on May 29, 2026.
The company's total income from operations stood at ₹0.00 for both the quarter ended March 31, 2026, and the full year. Consequently, the net profit for the period after tax was a loss of ₹1.54 lakh for the quarter and ₹10.85 lakh for the year. In the corresponding previous year ended March 31, 2025, the company had reported a net loss of ₹1.09 lakh.
The equity share capital remained unchanged at ₹453.55 lakh for the period. Reserves, excluding revaluation reserves, were reported at ₹0.00 for the quarter, while the annual figure showed a negative balance of ₹282.01 lakh. The earnings per share (EPS) for the year ended March 31, 2026, was a loss of ₹0.24 on both a basic and diluted basis.
The financial results have been prepared in accordance with Indian Accounting Standards (Ind AS) notified under Section 133 of the Companies Act, 2013. The full format of the standalone financial results is available on the websites of the Stock Exchange and the company.
Financial Summary for FY26
| Particulars | Quarter Ended 31/03/2026 (Audited) | Year Ended 31/03/2026 (Audited) |
|---|---|---|
| Total Income from Operations | 0.00 | 0.00 |
| Net Profit / (Loss) for the period after tax | (1.54) | (10.85) |
| Equity Share Capital | 453.55 | 453.55 |
| Reserves (excluding Revaluation Reserve) | 0.00 | (282.01) |
| Earnings Per Share (Basic) | (0.03) | (0.24) |
| Earnings Per Share (Diluted) | (0.03) | (0.24) |
Historical Stock Returns for Shikhar Consultants
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -4.98% | -5.66% | -12.62% | +12.23% | +557.78% | +557.78% |
What strategic initiatives is Shikhar Consultants planning to resume operational income and reverse the widening net losses?
How does the company intend to address the negative balance in reserves given the lack of revenue generation?
Are there potential mergers, acquisitions, or business pivots on the horizon to utilize the substantial equity share capital?
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