Silicon Valley Infotech Limited reported a net loss of ₹4.46 lakh for the financial year ended March 31, 2026, as its statutory auditors issued a qualified opinion on the results. The company failed to achieve the required Net Operating Funds (NOF) as of March 31, 2026, leading to the modified audit report. The Board of Directors approved the audited financial results for the year and quarter at a meeting held on May 28, 2026.

Financial Performance

The company recorded a total income of ₹21.92 lakh for FY26, a decrease from ₹27.00 lakh in the previous year. Total expenditure for the period stood at ₹23.68 lakh. For the quarter ended March 31, 2026, the company reported a net loss of ₹20.20 lakh on a total income of ₹15.00 lakh. In comparison, the quarter ended December 31, 2025, saw a net profit of ₹10.27 lakh.

The following table outlines the key financial metrics for the financial year:

Balance Sheet and Cash Flows

The total assets of the company decreased to ₹85.75 lakh as of March 31, 2026, from ₹150.41 lakh in the previous year. Financial assets, including investments, stood at ₹74.15 lakh, while cash and cash equivalents were at ₹3.89 lakh. Borrowings other than debt securities reduced to ₹141.26 lakh from ₹199.81 lakh in FY25.

Cash flow from operating activities improved to a positive ₹20.34 lakh in FY26 compared to a negative ₹0.65 lakh in the previous year. The company utilized ₹20.07 lakh in investing activities primarily for the acquisition of investments. Consequently, the net increase in cash and cash equivalents was ₹0.27 lakh, bringing the closing balance to ₹5.53 lakh.

Audit Qualification and Corporate Actions

Agarwal Sangneria & Co., Chartered Accountants, the statutory auditors, qualified their report stating that the company has not achieved the required NOF. The management represented that it is taking necessary steps to comply with the requirement at the earliest. The auditors noted that the impact of this qualification could not be quantified due to the unavailability of details to ascertain the fair market value of unquoted shares.

Additionally, the company disclosed that during the financial year, it passed a Special Resolution under Section 66 of the Companies Act, 2013, approving a reduction of its paid-up share capital. A petition has been filed before the National Company Law Tribunal (NCLT), Kolkata Bench, for confirmation of this reduction. The petition is currently pending, and no accounting entries for the capital reduction have been recognized pending the final order.

Silicon Valley Infotech Limited will convene a board meeting on May 28, 2026, to consider and approve the audited standalone financial results for the quarter and financial year ended March 31, 2026. The meeting will also review the audit report accompanying these results.

Pursuant to Regulation 29(2) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company intimated the stock exchanges regarding the meeting agenda. The trading window for dealing in the company's securities remains closed in accordance with its Insider Trading Prohibition Code under the SEBI (Prohibition of Insider Trading) Regulations, 2015. The window will reopen 48 hours after the declaration of the financial results.

Key Meeting Details

The intimation was submitted to BSE Limited and The Calcutta Stock Exchange Ltd. on May 25, 2026, by Santosh Kumar Jain, Managing Director of Silicon Valley Infotech Limited.