VXL Instruments Ltd — Important, 14-02-2026: Company Update
14-02-2026 | 04:51 pm
14-02-2026 | 04:51 pm
VXL Instruments, operating under Corporate Insolvency Resolution Process (CIRP), had its Resolution Professional Committee take on record the financial results for the quarter ended December 31, 2025. The company reported a total revenue of 4.79 lakh and a loss of 14.51 lakh for the quarter. Auditors issued a disclaimer on these results, citing unverified bank balances, unconfirmed recoverability of 0.87 Cr GST input credit, and material uncertainty about the company's ability to continue as a going concern. This indicates significant financial challenges despite the results being prepared assuming a successful resolution.
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