Board approves Q1 FY27 results; auditor's qualified conclusion and going concern note

Board meeting on 08.10.2026 approved unaudited standalone and consolidated results for the quarter ended 30.06.2026, along with the limited review reports.

Thu 8 Oct 2026

Standalone Revenue from Operations

169.10 (₹ in lacs)

Standalone Loss for the Period

20.32 (₹ in lacs)

Consolidated Loss for the Period

55.04 (₹ in lacs)

The board met on 08.10.2026 and approved the unaudited standalone and consolidated financial results for the quarter ended 30.06.2026, along with the limited review reports on them.

Results for the quarter (₹ in lacs)

• Standalone revenue from operations was 169.10, other income 36.50, taking total income to 205.60.
• Standalone total expenses were 225.92, resulting in a loss before tax of 20.32 and a loss for the period of 20.32.
• Standalone basic and diluted earnings per share were -0.05 each.
• Consolidated revenue from operations was 169.10, other income 8.39 and total income 177.49; total expenses were 232.53, with a loss before tax and a loss for the period of 55.04.
• Consolidated basic earnings per share was -0.01.

What the notes say

• The company recorded operational revenue of ₹640 crore in FY 2024-25, which moderated to ₹149 crore in FY 2025-26, and stood at ₹1.69 crore for the quarter ended 30 June 2026.
• The confirmed order book as at 30 June 2026 stands at ₹1.02 crore, against management's projected operational turnover of ₹62.50 crore for FY 2026-27.
• Management states these events and conditions indicate a material uncertainty that may cast significant doubt on the company's ability to continue as a going concern.
• The results are nonetheless prepared on a going concern basis, supported by management's plans, and management has a reasonable expectation that the company will continue in operational existence and meet its obligations for at least twelve months from the date of approval of these results.

Business development described in the notes

• The company is hopeful of securing contracts pursuant to a structured joint venture arrangement with a leading public sector undertaking.
• Between November 2025 and July 2026 it submitted formal commercial proposals to established private-sector operators in the ports, mining and metals industries, covering projects across Bihar, Chhattisgarh, Odisha and Assam; these are under active client evaluation and none has yet converted into a binding award.
• It is in discussions with the relevant Railway authority on a prospective work order and with a private Port on a potential infrastructure contract; both are ongoing and have not yet resulted in a binding commitment.
• The company is also engaging with prospective clients to advance negotiations, controlling fixed and variable operating costs to extend its cash runway, and using available banking facilities and credit lines for operational requirements.

Auditor's review

• The limited review gives a qualified conclusion. Certain trade receivables and trade payables are pending confirmation and reconciliation, and there are long-outstanding advances for which the company has not made any provision.
• The auditor also draws attention, as an emphasis of matter, to the note regarding the material uncertainty related to going concern; the conclusion is not modified in respect of this matter.

Subsidiaries in the consolidated results

• Robsons Engineering & Constructions Private Limited, a wholly owned subsidiary, reflects Nil revenue and a net loss of Rs. 34.72 lakhs for the quarter ended June 30, 2026.
• K&R Global LLC-FZ, also a wholly owned subsidiary, reflects Nil total revenue, Nil net profit/(loss) and Nil net assets; its interim financial information is unaudited.

Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.