Innocorp Ltd — Results, 28-05-2025: Result

Innocorp Limited has announced a board meeting that approved the audited financial results for the quarter and year. The company reported no income from operations and a net loss of ₹37.64 lakh for the year, wider than the previous year's loss of ₹26.11 lakh. Total expenses were ₹24.37 lakh for the year, and deferred tax adjustments added ₹13.26 lakh. Earnings per share stood at -₹0.47. The balance sheet shows equity share capital of ₹7.94 Cr and negative other equity of ₹(5.63) Cr. Cash and cash equivalents declined sharply to ₹0.46 lakh from ₹23.38 lakh the previous year. The statutory auditor issued an unmodified opinion, indicating clean financials despite ongoing losses. This reflects continued operating challenges and cash strain but no audit exceptions.