IEC Education Limited Reports Zero Revenue and Net Loss in Q2 FY2026
IEC Education Limited (BSE: 531840) reported a net loss of Rs 3.62 lakhs for Q2 FY2026 ended September 30, 2025, with zero revenue from operations. Half-yearly results show a net loss of Rs 7.48 lakhs. Auditors raised concerns about the company's ability to continue as a going concern due to lack of business activities. CFO Sujit Kumar Mishra resigned effective November 14, 2025.
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IEC Education Limited , a company listed on the Bombay Stock Exchange (BSE: 531840), has reported a net loss of Rs 3.62 lakhs for the quarter ended September 30, 2025. The company's financial results, released on November 14, 2025, reveal a concerning trend of zero revenue from operations and minimal business activity.
Financial Performance
For the quarter under review, IEC Education Limited posted the following key financial figures:
| Particulars | Q2 FY2026 (Rs in lakhs) |
|---|---|
| Revenue from Operations | 0.00 |
| Total Expenses | 3.62 |
| Net Loss | 3.62 |
| Loss per Share (Basic & Diluted) | 0.02 |
The company's total expenses of Rs 3.62 lakhs primarily consisted of employee benefit costs (Rs 2.16 lakhs) and other expenditures (Rs 1.46 lakhs).
Half-Yearly Results
The half-yearly results paint a similar picture:
| Particulars | H1 FY2026 (Rs in lakhs) |
|---|---|
| Revenue from Operations | 0.00 |
| Total Expenses | 7.48 |
| Net Loss | 7.48 |
| Loss per Share (Basic & Diluted) | 0.05 |
Auditor's Concerns
S.N. Kapur & Associates, the company's auditors, have raised significant concerns in their limited review report:
- The absence of business activities casts doubt on the entity's ability to continue as a going concern, as per SA-570 issued by the Institute of Chartered Accountants of India (ICAI).
- The company has Rs 4.60 lakhs pending in respect of share application money received, awaiting allotment for an extended period. No provision for interest or penalty has been made for this default.
Management Changes
In a separate announcement, IEC Education Limited disclosed that Mr. Sujit Kumar Mishra has resigned from his position as Chief Financial Officer, effective November 14, 2025. The resignation was attributed to personal reasons.
Outlook
The company's continued lack of revenue-generating activities and mounting losses raise serious questions about its future operations and financial viability. Investors and stakeholders may need to closely monitor the company's plans for reviving its business operations or any potential restructuring efforts.
IEC Education Limited's board of directors approved these unaudited financial results at their meeting held on November 14, 2025.
Historical Stock Returns for IECEDU
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.97% | -5.89% | -31.70% | +93.34% | +55.01% | +1,507.91% |
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