Skyline Ventures Reports Net Loss, Other Companies Show Mixed Results in Q1
Several Indian companies reported Q1 2025-26 results. Skyline Ventures India Ltd had zero income and a loss of Rs 17.03 lakhs. Capricorn Systems Global Solutions Ltd reported Rs 26.52 lakhs income but a Rs 10.31 lakhs loss. Vedavaag Systems Ltd showed strong performance with Rs 2,563.75 lakhs income and Rs 161.21 lakhs profit. Covance Softsol Ltd impressed with Rs 1,740.13 lakhs income and Rs 828.27 lakhs profit. Separately, Union Bank of India issued a Rs 5.03 crore recovery notice to SMR Granites Pvt. Ltd for a non-performing asset.
13Aug 25
Skyline Ventures India Reports Widened Net Loss for Q1, Approves Office Relocation
Skyline Ventures India Limited reported a significant increase in net loss for Q1 ended June 30. Net loss widened to ₹19.74 crore from ₹4.17 crore year-over-year, a 373.38% increase. Total expenses rose 372.73% to ₹19.76 crore. The company recorded zero revenue from operations. The board approved relocating the registered office within Hyderabad to Workafella, Cyber Crown- 424, Sec-II, HUDA Techno Enclave, Madhapur.