
Quarterly Result28 May 2026, 09:24 pm
New Markets Avenue reports FY26 net loss of ₹12.58 Lakhs
AI Summary
New Markets Avenue Limited announced its audited standalone financial results for the quarter and year ended March 31, 2026. The Board of Directors approved these results on May 28, 2026. For the fiscal year, the company reported revenue from operations of ₹19.25 Lakhs and a net loss after tax of ₹(12.58) Lakhs. Total assets as of March 31, 2026, were ₹579.04 Lakhs. The company also submitted a Statement on Deviation or Variation of funds under SEBI Regulation 32. Auditors provided an unmodified opinion on the financial statements. During the year, 3.7 million out of 9 million issued warrants were converted into equity shares.
Key Highlights
- Approved audited standalone financial results for Q4 and FY ended March 31, 2026.
- Reported a net loss of ₹12.58 Lakhs for the year ended March 31, 2026.
- Revenue from operations for FY26 stood at ₹19.25 Lakhs.
- Auditors expressed an unmodified opinion on the financial results.
- Disclosed Statement on Deviation or Variation of funds as per SEBI regulations.
Price Impact
More from NEWMKTADV