Yuranus Infrastructure Limited announced the resignation of its statutory auditors, M/s Mistry & Shah LLP, effective July 31, 2025, due to internal strategic realignment. The company also reported a 99.83% decrease in revenue from operations for Q1 FY2025-26, dropping to ₹2.66 lakh from ₹1,521.36 lakh in Q1 FY2024-25. This resulted in a net loss of ₹16.01 lakh compared to a profit of ₹31.77 lakh in the same quarter last year. Management attributed the decline to limited viable trading opportunities and stated they are exploring new business avenues.
31Jul 25
Yuranus Infrastructure Reports Q1 Loss and Auditor Resignation
Yuranus Infrastructure Limited experienced a severe decline in Q1 FY2025-26 financial performance. Revenue from operations fell 99.83% year-over-year to ₹2.66 lakhs, resulting in a net loss of ₹16.01 lakhs compared to a profit in the previous year. The company cited limited viable trading opportunities as the reason for the decline. Simultaneously, statutory auditors M/s Mistry & Shah LLP resigned, citing internal strategic realignment.