Board approves standalone results for five quarters, appoints Soni Radheymohan Agarwal as CFO
Board approved the un-audited quarterly and audited yearly standalone financial results for the quarter ended June-25, quarter and half year ended Sept-25, quarter ended Dec-25, quarter ended June-26 and the quarter and year ended Mar-26.
By ScoutQuest · · 3 min read
- Revenue from operations (Q ended Jun-25)
- 13.20
- Profit/(Loss) for the period (Q ended Jun-25)
- (64.12)
- Profit/(Loss) for the year ended Mar-25
- (804.13)
The board of SecUR Credentials met on Wednesday, 14th October, 2026 from 6:00 P.M. to 7:00 P.M. at the registered office and approved two items.
What the board approved
- The Un-Audited Quarterly Financial Results for the quarter ended June-25, the quarter and half year ended Sept-25, the quarter ended Dec-25 and the quarter ended June-26, and the audited financial results for the quarter and year ended Mar-26, along with the Limited Review Report.
- The appointment of Mr. Soni Radheymohan Agarwal as Chief Financial Officer and Key Managerial Personnel (KMP) of the Company with effect from 14th October, 2026, based on the recommendation of the Audit Committee and the Nomination and Remuneration Committee.
The numbers (Standalone, Amount in Lacs)
- Quarter ended Jun-25: Revenue from operations 13.20, Total income 13.20, Total expenses 77.32, Profit/(Loss) for the period from continuing operations (64.12), Basic and diluted earnings per equity share (0.16).
- Year ended Mar-25 (audited): Revenue from operations 55.24, Other income 26.02, Total income 81.26, Total expenses 885.39, Profit/(Loss) for the period (804.13), Basic and diluted earnings per equity share (1.96).
- Paid up equity share capital: 4,106.28 (Face value of Rs 10/- each).
- Figures in brackets are losses, so the quarter ended Jun-25 shows a loss at the profit-before-tax and profit-for-the-period lines despite a positive Total income of 13.20.
What the limited review says
- Nahar V. & Company, Chartered Accountants, carried out a limited review of the un-audited standalone financial results under the Standard on Review Engagements (SRE) 2410.
- Their conclusion: based on the review, nothing has come to their attention that causes them to believe the accompanying statements have not disclosed the information required under Regulation 33 or contain any material misstatement, except those mentioned in the Notes to Accounts.
- Under Emphasis of Matters, attention is invited to the notes on the unaudited financial results. The auditors relied upon and accepted the assumptions and explanations provided by the management in this regard, and their opinion is not modified in respect of these matters.
Points raised in the notes to the review
- Inventory disclosed was not found to exist during physical verification conducted during the current period. This indicates a possible overstatement of inventory in prior periods, the impact of which has not been quantified.
- Statutory dues outstanding as per the opening balances remain unpaid as on 30 June 2025 and as on 30 September 2025.
- Goods and Services Tax returns, reconciliation statements and supporting records were not made available, so the correctness and completeness of GST-related balances and statutory compliance could not be confirmed.
- Provident Fund and Employees' State Insurance challans, returns and reconciliation statements were not produced for verification.
- Provision for gratuity has not been recognised, and no actuarial valuation for gratuity liability has been obtained.
- Expected Credit Loss provision has not been made, which is required as per Ind AS 109.
- Current maturities of long-term borrowings have not been disclosed in the financial statements due to non-availability of repayment schedules.
- Trade receivables and trade payables are subject to confirmation and have been considered as certified by the management; no independent balance confirmations were received during the limited review.
- The Company's website was not updated as on the date of the limited review.
The takeaway for a reader
- Two items came out of the meeting: the results for the stated periods and a change of Chief Financial Officer, effective 14th October, 2026.
- The results shown are standalone, in Lacs, with the quarter ended Jun-25 and the year ended Mar-25 both ending in a loss at the profit-after-tax level as printed.
- The review itself points to the notes, and the notes list several items the auditors could not verify and some provisions not made, which a reader would weigh alongside the reported numbers.
Also from SecUR Credentials
Board meet on 27 October 2026 to consider change in company name and 25th AGM
24 Oct 2026
Board meeting on 27 October 2026 to consider change in company name
23 Oct 2026
Board approves appeal to SAT against NSE Delisting Committee order
19 Oct 2026
More numbers
- Revenue from operations, quarter ended Jun-25 (standalone, Amount in Lacs)13.20
- Profit/(Loss) for the period from continuing operations, quarter ended Jun-25(64.12)
- Total expenses, quarter ended Jun-2577.32
- Profit/(Loss) for the period, year ended Mar-25 (audited)(804.13)
- Revenue from operations, quarter ended Jun-24 (unaudited)4.52
- Paid up Equity Share Capital4,106.28
- Face value of equity shareRs 10/- each
- Basic and diluted earnings per equity share, quarter ended Jun-25(0.16)
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