Suryachakra Power reports ₹2.86 lakh loss in Q4FY25

Suryachakra Power Corporation Limited has reported its unaudited standalone financial results for the quarter and year ended March 31, 2025. The Board of Directors approved the financial statements during a meeting held on May 6, 2025, in accordance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial Performance

The company reported a total income of ₹0.00 lakh for both the fourth quarter and the fiscal year ended March 31, 2025. Total expenses for the quarter stood at ₹2.86 lakh, while for the full year, they amounted to ₹7.90 lakh. Consequently, the company recorded a loss for the period from continuing operations of ₹2.86 lakh for Q4FY25 and ₹7.90 lakh for the year ended March 31, 2025.

Operational Status

The financial results indicate that Suryachakra Power Corporation has not yet commenced any business operations. The disclosure notes that the company is yet to start its business activities. Additionally, the auditor's report highlighted ongoing corporate restructuring, including a change in management initiated by the acquirer, Indo Aquatics Limited, following NCLT orders.

Key Financial Metrics

The following table summarizes the unaudited standalone financial results for the quarter and year ended March 31, 2025:

Particulars	Q4FY25 (₹ in Lakhs)	Year Ended March 31, 2025 (₹ in Lakhs)
Revenue from operations	0.00	0.00
Total income	0.00	0.00
Total expenses	2.86	7.90
Profit/Loss for the period	-2.86	-7.90
Earnings Per Share (Basic)	0.00	0.00

The paid-up equity share capital of the company remained at ₹0.00 lakh for the reported period. The earnings per share (EPS) was also reported at ₹0.00. The limited review report was issued by the statutory auditors, Sai and Co., Chartered Accountants.

Suryachakra Power Corporation Limited has reported its unaudited standalone financial results for the first quarter ended June 30, 2025. The company recorded a net loss of ₹3.83 lakh for the period, with no revenue generated from operations.

The Board of Directors approved the financial results during a meeting held on July 15, 2025. The meeting commenced at 04:00 PM and concluded at 05:10 PM. The results were reviewed by the Statutory Auditors and the Audit Committee prior to approval.

Financial Performance

The company reported total income of ₹0.00 lakh for both the quarter and the year ended June 30, 2025. Other income stood at ₹2.00 lakh for the respective periods. Total expenses for the quarter were recorded at ₹5.83 lakh, driven primarily by depreciation and amortisation expenses.

Particulars	Quarter Ended 30-06-2025 (₹ in Lakhs)	Year Ended 30-06-2025 (₹ in Lakhs)
Revenue from operations	0.00	0.00
Other income	2.00	2.00
Total income	0.00	0.00
Total expenses	5.83	5.83
Profit / (Loss) before tax	-3.83	-3.83
Net Profit / (Loss) for the period	-3.83	-3.83

Operational Status

Suryachakra Power Corporation stated that it has not commenced any business operations yet. The paid-up equity share capital remained at ₹0.00 lakh, and Earnings Per Share (EPS) was reported as ₹0.00.

Corporate Update

The Limited Review Report noted that the National Company Law Tribunal (NCLT), Hyderabad Bench, initiated liquidation proceedings against the company on September 1, 2022. Subsequently, the NCLT approved the sale of the company as a going concern to Indo Aquatics Limited on July 18, 2024. The acquirer has initiated the process for taking over the company, including changes in management and restructuring exercises.