T Spiritual World Ltd — Updates, 26-05-2025: Company Update
T. Spiritual World Limited has announced a board meeting to approve the financial results for the quarter and half-year. The company reported a net loss of Rs. 20.11 lakh for the year with no revenue from operations, reflecting ongoing challenges. Total expenses stood at Rs. 20.83 lakh for the year, primarily driven by employee benefits and other expenses. Cash and cash equivalents increased to Rs. 3.40 lakh. The company’s net worth remains positive at Rs. 133.35 lakh despite accumulated losses. M/s. Mohindra Arora & Co. issued an audit report with an unmodified opinion, confirming the company’s financial statements present a true and fair view. M/s. Veenit Pal & Associates has been appointed as the new Secretarial Auditor for five years, subject to shareholder approval. No borrowings or share issuances took place during the year.
