Fourth Generation Information Systems Ltd Approves Unaudited Financial Results for Quarter Ended June 30, 2026

Fourth Generation Information Systems Ltd Approves Unaudited Financial Results for Quarter Ended June 30, 2026

Fourth Generation Information Systems Ltd Approves Unaudited Financial Results for Quarter Ended June 30, 2026​

Fourth Generation Information Systems Ltd has reported its unaudited standalone financial results for the quarter ended on June 30, 2026. The company's Board of Directors considered and approved these results during a meeting held on August 10, 2026.

The financial statements provide a comparison across several periods, detailing income, expenses, and net profit. While total income remained flat at zero in the most recent quarter, the company recorded significant expenses, including Employee benefits expense of 0.72 lakhs for the current quarter, compared to 0.90 lakhs in the previous quarter and 2.04 lakhs in the corresponding year of 2025. Finance costs were reported at 14.02 lakhs in the current quarter.

The company's performance indicates a loss in profitability across all quarters reviewed. For the quarter ended June 30, 2026, profit before tax stood at -26.20 lakhs and total comprehensive income was also recorded as -26.20 lakhs. This figure compares against a comprehensive income of 22371 lakhs for the quarter ending March 31, 2025.

Key financial data, presented in lakhs (except share data), is available below:

ParticularsQuarter Ended June 30, 2026Quarter Ended March 31, 2026Quarter Ended June 30, 2025Year Ended March 31, 2026
Other income (lakhs)-0.08-0.08
Total Income (lakhs)-0.08-0.08
Employee benefits expense (lakhs)0.720.902.045.70
Finance costs (lakhs)14.0213.8714.025625
Total expenses (lakhs)26.2018.5023.7178.97
Profit for the period / year (lakhs)-26.20-18.42-23.71-78.89
Paid up equity share capital (lakhs)355.00355.00355.00355.00

Going Concern Status and Management Assessment​

The company's financial results note highlights that accumulated losses as of June 30, 2026, have fully eroded the net worth, indicating a material uncertainty regarding the company's ability to continue as a going concern.

Management has assessed this condition based on existing plans. The company is developing new software, which is currently classified under Capital Work-in-Progress and is projected to generate sufficient cash flows necessary to service its debts and meet its liabilities. Furthermore, management indicated a commitment to raising additional funds, through infusion of funds by promoters, equity, or other available means, should it be required to support operations and obligations. The realization of these projected cash flows remains dependent on uncertain future events.

Stock Price Movement​

As of 12:08, Fourth Generation Information Systems Ltd. is ticking up significantly after the shares jump by 4.86%, trading at ₹5.82. The stock remains completely flat during this session, having locked its intraday high and low at ₹5.82.
 

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