California Software Company Limited — Board Meeting, 14-08-2025: Outcome of Board Meeting

California Software Co. (Calsoft) board has approved its Q1 FY26 consolidated financial results. For the quarter ended June 30, 2025, revenue from operations stood at Rs. 1.55 Cr, with a net profit of Rs. 0.19 Cr. EPS was Rs. 0.03.

However, auditors issued a qualified opinion on the results. Key concerns include unprovided long-outstanding trade receivables (~Rs. 19.77 Cr), unconfirmed payables, lack of current asset/liability details, and unreconciled tax balances. Investors should note these audit observations carefully.