Microse Limited, a company listed on the Bombay Stock Exchange, has reported a significant increase in its net loss for the quarter ended September 30, 2025. The company's financial performance has deteriorated compared to the previous quarter, with negative revenue and increased expenses.

Financial Highlights

Microse's financial results for the second quarter of fiscal year 2026 show a net loss of Rs 8.86 crore, compared to a loss of Rs 148.14 crore in the previous quarter. While this represents a significant reduction in losses, it's important to note that the company's revenue from operations remained negative at Rs 1.55 crore for the quarter.

Operational Performance

The company's total expenses for the quarter stood at Rs 7.32 crore, with employee benefit expenses accounting for Rs 2.78 crore and other expenses at Rs 4.54 crore. Despite the reduction in total expenses compared to the previous quarter, the negative revenue continues to impact the company's bottom line.

Balance Sheet Position

As of September 30, 2025, Microse's total assets stood at Rs 158.45 crore. The company's balance sheet shows:

• Current investments and inventories as major components of assets
• A paid-up equity share capital of Rs 216.41 crore
• Negative reserves and surplus of Rs 147.94 crore

Management Commentary

The Board of Directors approved these unaudited financial results on November 10, 2025, subject to limited review by statutory auditors. The company operates in a single business segment, as per the Indian Accounting Standards on Operating Segments.

Investor Considerations

While the reduction in net loss compared to the previous quarter might seem positive, investors should note the persistent negative revenue and the company's continued losses. The negative reserves and surplus position also indicates ongoing financial challenges for Microse Limited.

Shareholders and potential investors are advised to carefully consider these financial results and the company's future prospects before making investment decisions.

Microse Limited, a company operating in a single business segment, has announced its unaudited financial results for the quarter ended June 30, along with several important corporate decisions. The company's board meeting, held on August 12, revealed significant changes in financial reporting methods and upcoming corporate events.

Financial Performance

The company reported a negative revenue from operations for the quarter ended June 30. This unusual result was attributed to losses incurred in futures and options trading. In a notable shift, Microse has changed its method of recognizing the value of shares held under investment and inventory. The company has moved from a cost-based valuation to fair market value, with the effects of this change reflected in the quarterly results.

Corporate Actions

Several key corporate actions were approved during the board meeting:

1. Annual General Meeting (AGM): Scheduled for September 25, at 4:00 PM.
2. Book Closure: Set from September 18 to September 24 (both days inclusive).
3. Director Re-appointment: Mr. Saurabh Garg (DIN: 00376890) will be up for re-appointment at the AGM, as he retires by rotation and has offered himself for re-election.
4. E-voting Scrutinizer: M/s. Pramod S Shah & Associates, Practicing Company Secretaries, have been appointed as scrutinizers for the e-voting process at the AGM.
5. Directors' Report: The Draft Directors Report for the Financial Year 2024-25 has been approved.

Audit and Compliance

The financial results for the quarter were reviewed by the Audit Committee and subsequently approved by the Board of Directors. Todarwal & Todarwal LLP, Chartered Accountants, conducted a limited review of the unaudited standalone financial results, as required by SEBI regulations.

Regulatory Compliance

In compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company has submitted these results and corporate actions to the Bombay Stock Exchange (BSE). The board meeting, which commenced at 4:00 PM, concluded at 6:15 PM.

Microse continues to operate in a single business segment, and the company assures that all financial results have been prepared in accordance with Indian Accounting Standards (Ind AS) as prescribed under section 133 of the Companies Act, 2013.

Investors and stakeholders are advised to take note of these developments, particularly the change in valuation method for investments and inventory, which may impact future financial statements.