Arshiya Limited — Results, 30-05-2026: Integrated Filing- Financial

Arshiya Ltd, currently undergoing Corporate Insolvency Resolution Process (CIRP), reported standalone revenue from operations of ₹9.00 Cr for the half-year ended Sep 30, 2025, a 55% YoY increase. The company significantly reduced its net loss to ₹1.14 Cr from ₹996.85 Cr last year, with basic EPS improving to (₹0.04) from (₹37.83). This positive shift was primarily due to a massive 75% drop in total expenses, driven by non-recognition of finance costs post-CIRP moratorium and reduced employee benefits following mass resignations. Despite reduced losses, the financial momentum appears highly uncertain, clouded by the ongoing CIRP and the auditor's extensive disclaimer on unverified accounts, non-recognized liabilities, and revenue recognition concerns.