StockWatch
·
Software Products
Quarterly Result28 May 2026, 09:18 pm

New Markets Avenue reports FY26 net loss of ₹28.36 Lakhs

AI Summary

New Markets Avenue Limited's Board of Directors met on May 28, 2026, to approve and adopt the Audited Financial Results for the quarter and year ended March 31, 2026. The company reported a total revenue of ₹19.59 Lakhs and a net loss of ₹28.36 Lakhs for the fiscal year 2026. The Auditor's Report, which had an unmodified opinion, was also approved. Additionally, the Board disclosed the Statement on Deviation or Variation of funds under Regulation 32 for the quarter ended March 31, 2026. The company's equity share capital significantly increased to ₹626.50 Lakhs, and cash and cash equivalents rose to ₹312.13 Lakhs as of March 31, 2026.

Key Highlights

  • Board approved audited financial results for Q4 and FY2026.
  • Company reported a net loss of ₹28.36 Lakhs for FY2026.
  • Auditor's report had an unmodified opinion for the year.
  • Equity share capital increased to ₹626.50 Lakhs from ₹124.00 Lakhs.
  • Cash and cash equivalents significantly increased to ₹312.13 Lakhs.