Southern Infoconsultants Reports Q1 FY26 Loss of Rs 24.73 Lakh Amid Revenue Decline
Southern Infoconsultants Limited reported a consolidated net loss of Rs 24.73 lakh for Q1 FY26, compared to a profit of Rs 4.19 lakh in Q1 FY25. Revenue from operations fell by 49.56% to Rs 87.67 lakh. The company's basic EPS declined to -Rs 0.49 from Rs 0.08. Auditors highlighted issues including non-provision of gratuity, unconfirmed account balances, and significant work-in-progress inventory without supporting contracts.