Sophia Traexpo reports net loss for FY26

2 min read     Updated on 30 May 2026, 11:13 PM
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AI Summary

Sophia Traexpo Limited reported a net loss of ₹12.57 lakh for FY26, compared to a loss of ₹19.82 lakh in FY25, with zero revenue from operations. The Board approved the audited results and appointed Mr. Vemuganti Ramkishan Rao as Internal Auditor. Statutory auditors issued an unmodified opinion on the financial results.

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Sophia Traexpo Limited reported a net loss of ₹12.57 lakh for the financial year ended March 31, 2026, widening from ₹19.82 lakh in the previous year. The company recorded zero revenue from operations for the year, while total expenses stood at ₹12.57 lakh, primarily driven by employee benefit costs and other expenses. The Board of Directors approved the audited financial results for the fourth quarter and financial year ended March 31, 2026, following a review by the Audit Committee.

Financial Performance

The company’s financial results for the year reflect a challenging operational environment with no income generated from operations. For the quarter ended March 31, 2026, the net loss was reported at ₹4.09 lakh, compared to a loss of ₹10.90 lakh in the corresponding quarter of the previous year. Total expenses for the quarter decreased to ₹4.09 lakh from ₹10.90 lakh in the prior year, aided by a reduction in other expenses.

Key Financial Metrics

Particulars Q4 FY26 (Audited) Q4 FY25 (Audited) FY26 (Audited) FY25 (Audited)
Revenue From Operations - - - -
Total Income - - - -
Total Expenses 4.09 10.90 12.57 19.82
Profit/(Loss) Before Tax (4.09) (10.90) (12.57) (19.82)
Net Profit/(Loss) for the Period (4.09) (10.90) (12.57) (19.82)
Basic EPS (0.08) (0.21) (0.25) (0.39)

Board Decisions and Appointments

During its meeting held on May 20, 2026, the Board approved the audited financial results and appointed Mr. Vemuganti Ramkishan Rao as the Internal Auditor for FY 2026-2027. The meeting commenced at 5.00 P.M. and concluded at 5.30 P.M. The company submitted the results to the stock exchange pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Auditor’s Report and Compliance

M/s. NSVR & Associates LLP, the Statutory Auditors, issued an audit report with an unmodified opinion on the standalone audited financial results for the fourth quarter and year ended March 31, 2026. The declaration regarding the unmodified opinion was submitted by Yerrapragada Mallikarjuna Rao, Whole Time Director. The financial statements were prepared in accordance with the Indian Accounting Standards (Ind-AS) prescribed under Section 133 of the Companies Act, 2013.

Balance Sheet and Cash Flows

As of March 31, 2026, the company’s total assets stood at ₹437.48 lakh, a decrease from ₹449.29 lakh in the previous year. Current assets, which include trade receivables and cash equivalents, amounted to ₹437.45 lakh. The company reported an equity share capital of ₹510 lakh and reserves excluding revaluation reserves at (₹104.83) lakh. Cash and cash equivalents decreased to ₹108.36 lakh from ₹121.02 lakh at the end of the previous year.

Historical Stock Returns for Sophia Traexpo

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%0.0%0.0%0.0%0.0%0.0%

What strategic initiatives does the company plan to implement to generate revenue from operations in FY 2026-2027?

Given the current cash burn rate, how long can the company sustain operations without additional capital infusion?

Will the company explore new business verticals or partnerships to reverse the trend of zero operational income?

Sophia Traexpo narrows FY26 net loss to ₹12.57 lakh

1 min read     Updated on 20 May 2026, 09:59 PM
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Reviewed by
Riya DScanX News Team
AI Summary

Sophia Traexpo Limited announced its audited financial results for the year ended March 31, 2026, reporting a net loss of ₹12.57 lakh, an improvement from the previous year's loss of ₹19.82 lakh. Total expenses decreased to ₹12.57 lakh for the year, while Q4 losses narrowed to ₹4.09 lakh. The board appointed Mr. Vemuganti Ramkishan Rao as Internal Auditor for FY 2026-27, and statutory auditors issued an unmodified opinion on the results.

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Sophia Traexpo Limited has announced its audited financial results for the fourth quarter and financial year ended March 31, 2026. The board of directors approved the results during a meeting held on May 20, 2026, alongside the appointment of a statutory internal auditor for the fiscal year 2026-2027.

For the financial year ended March 31, 2026, the company reported a total income of nil, with total expenses amounting to ₹12.57 lakh. This resulted in a net loss of ₹12.57 lakh for the year, an improvement compared to the net loss of ₹19.82 lakh recorded in the previous year ended March 31, 2025. The basic and diluted earnings per share for the year stood at (0.25), compared to (0.39) in the prior year.

In the fourth quarter ended March 31, 2026, the company reported a net loss of ₹4.09 lakh. This was a reduction from the net loss of ₹10.90 lakh reported in the corresponding quarter of the previous year. Total expenses for the quarter stood at ₹4.09 lakh, down from ₹10.90 lakh in the same period last year.

Financial Highlights

The following table outlines the key financial figures for the quarter and year ended March 31, 2026:

Particulars Year Ended March 31, 2026 Year Ended March 31, 2025
Total Income - -
Total Expenses 12.57 19.82
Profit/Loss Before Tax (12.57) (19.82)
Net Profit/Loss for the Year (12.57) (19.82)
Basic EPS (0.25) (0.39)

Assets and Liabilities

As of March 31, 2026, the company's total assets stood at ₹437.48 lakh, a decrease from ₹449.29 lakh in the previous year. Current assets accounted for ₹437.45 lakh, comprising primarily trade receivables of ₹118.35 lakh, cash and cash equivalents of ₹108.36 lakh, and other financial assets of ₹201.43 lakh. The company's equity and liabilities totaled ₹437.48 lakh, with equity share capital recorded at ₹510.00 lakh.

Board Appointments

During the meeting, the board appointed Mr. Vemuganti Ramkishan Rao as the Internal Auditor of the company for the fiscal year 2026-2027. The statutory auditors, M/s. NSVR & Associates LLP, issued an unmodified opinion on the standalone audited financial results for the fourth quarter and year ended March 31, 2026.

Historical Stock Returns for Sophia Traexpo

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%0.0%0.0%0.0%0.0%0.0%

What specific business strategies is Sophia Traexpo Limited planning to implement to generate revenue and move toward profitability in FY2026-2027?

How long can the company sustain operations given its zero-revenue model, and what is the risk of further erosion of its ₹437.48 lakh asset base?

What is the nature of the ₹201.43 lakh in 'other financial assets' and ₹118.35 lakh in trade receivables for a company reporting nil income, and could these signal undisclosed business activity or recovery prospects?

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1 Year Returns:0.00%