ALPHA TRIBE

Sword-Edge Commercials LtdBoard Meeting, 14-08-2025: Board Meeting

14-08-2025 | 06:46 pm

Sword-Edge Commercials' board approved its audited financial results for FY25 and unaudited results for Q1 FY26. For FY25, the company reported a net loss of ₹0.98 Cr on total income of ₹0.19 Cr. Q1 FY26 saw a net loss of ₹0.19 Cr on just ₹0.01 Cr total income. Auditors issued a qualified opinion, citing Companies Act contraventions regarding borrowings and lack of ledger confirmations. They highlighted no proper documents for ₹13.70 Cr in loans/advances and ₹19.60 Cr in investments, unpaid statutory dues, and ongoing trading suspension since February 2025, impacting shareholders' liquidity. Absence of an audit log in accounting software also raised transparency concerns.

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