Several companies have released their quarterly financial results for the period ended June 30, 2025, revealing a mixed performance across different sectors.

Skyline Ventures India Limited

Skyline Ventures India Limited, a company listed on the BSE with scrip code 538919, reported zero operational income for the quarter ended June 30, 2025. The company incurred a net loss of Rs 17.03 lakhs, resulting in negative earnings per share of Rs 0.21.

According to the company's LODR (Listing Obligations and Disclosure Requirements) filing, Skyline Ventures India Limited has published its standalone un-audited financial results for the quarter in compliance with SEBI regulations. The results were reviewed by the Audit Committee and approved by the Board of Directors on August 14, 2025.

Other Company Results

Capricorn Systems Global Solutions Limited

Capricorn Systems Global Solutions Limited reported operational income of Rs 26.52 lakhs for the quarter. However, the company recorded a net loss of Rs 10.31 lakhs.

Vedavaag Systems Limited

Vedavaag Systems Limited showed strong performance with operational income of Rs 2,563.75 lakhs and a net profit of Rs 161.21 lakhs. The company achieved earnings per share of Rs 0.69.

Covance Softsol Limited

Covance Softsol Limited reported impressive results with operational income of Rs 1,740.13 lakhs and a net profit of Rs 828.27 lakhs. The company's earnings per share stood at Rs 5.61.

Union Bank of India Issues Recovery Notice

In a separate development, Union Bank of India has issued a recovery notice to SMR Granites Pvt. Ltd. The bank is demanding Rs 5.03 crores for a non-performing asset account. The notice warns of potential enforcement action under the SARFAESI Act if the payment is not made within 60 days.

The mixed results from these companies reflect the varied economic conditions across different sectors. While some firms like Vedavaag Systems and Covance Softsol have shown profitability, others like Skyline Ventures and Capricorn Systems are facing challenges in the current business environment.

These financial results provide insights into the performance of various companies across different sectors of the Indian economy for the first quarter of the fiscal year 2025-26.

Skyline Ventures India Limited has reported a significant increase in net loss for the first quarter, according to the company's latest financial results. The board has also approved the relocation of its registered office within Hyderabad.

Financial Performance

For the quarter ended June 30, Skyline Ventures India reported:

The company's net loss widened to ₹19.74 crore, compared to ₹4.17 crore in the same quarter of the previous year. This represents a 373.38% increase in net loss year-over-year.

Total expenses rose significantly to ₹19.76 crore, up from ₹4.18 crore in the previous year's Q1, marking a 372.73% increase. The rise in expenses was primarily attributed to:

• Employee benefits expense of ₹6.43 crore
• Other expenses amounting to ₹13.26 crore

It's worth noting that the company recorded zero revenue from operations and other income during the quarter.

Recognition of Past Expenses

During the current quarter, Skyline Ventures India recognized an amount of ₹7,47,399 towards BSE listing fees and demat charges pertaining to previous financial years. These charges were paid by Wilmer Technologies LLP and have been recorded in the current quarter's financial results.

Office Relocation

The Board of Directors has approved the shifting of the company's registered office within Hyderabad. The new address will be:

Workafella, Cyber Crown- 424, Sec-II, HUDA Techno Enclave, Madhapur, Hyderabad, Telangana –500081, India

This move from the previous location at Flat No. 102, HEMU, Vitalrao Nagar, Hitech City, Madhapur, is within the local limits of the same city.

Auditor's Review

KS RAO & Associates, the company's statutory auditors, have conducted a limited review of the unaudited financial results and issued an unmodified report, stating that nothing has come to their attention that causes them to believe that the financial statements do not present a true and fair view in accordance with applicable accounting standards and SEBI regulations.

The financial results were reviewed and recommended by the Audit Committee and subsequently approved by the Board of Directors at their meeting.

Investors and stakeholders can access the detailed financial results on the BSE website ( www.bseindia.com ) and the company's website ( www.slvdigital.in ).