Arshiya Limited — Results, 19-05-2026: Integrated Filing- Financial

Arshiya, under CIRP, reported standalone FY25 revenue up 8.6% to 14.95 Cr. Net loss significantly narrowed to 1,094.46 Cr from 1,174.95 Cr YoY, with EPS at (41.54) Rs. This loss reduction largely stems from non-accrual of interest due to CIRP moratorium and lower operating costs from mass resignations. Auditors issued a disclaimer, citing extensive uncertainties: unverified revenue, questionable asset/loan recoverability, and board approval issues. The company also faces material going concern uncertainty. Overall, these results indicate a highly challenged financial momentum.