Orchasp Limited — Board Meeting, 11-08-2025: Outcome of Board Meeting

Orchasp Limited's board approved the financial results for the quarter ended June 30, 2025. The company reported consolidated revenue from operations of Rs 7.75 Cr and a net profit of Rs 0.54 Cr for the quarter. Auditors, however, issued a qualified opinion. Concerns include an Rs 68.25 Cr investment in a non-operational Portugal subsidiary facing cancellation, unpaid statutory dues like Provident Fund and ESI, and outstanding trade receivables/payables over six months with unconfirmed balances. Management is working to resolve these issues, including exploring transfer of the subsidiary investment and collection of dues.