Silicon Valley Infotech Ltd Approves FY26 Results Amid Qualified Audit Opinion
Silicon Valley Infotech Limited has approved the Audited Financial Results for the quarter and financial year ended March 31, 2026. The results were considered at a board meeting held on May 28, 2026, with the company reporting significant movements in its financial positions across operating activities and investments.The Statutory Auditors of the Company, Agarwal Sanganeria & Co., Chartered Accountants, have issued an Auditor Report with a qualified opinion regarding the audited financial results for the quarter and FY ended March 31, 2026.
Financial Snapshot
The company's balance sheet as of March 31, 2026 reflects various changes in asset composition and equity levels.| Particular | As at 31st March, 2026 | As at 31st March, 2025 |
|---|---|---|
| ASSETS | ||
| Financial Assets (Cash & Cash equivalents) | 74.15 | 54.08 |
| Other Financial Assets | 85.75 | 150.41 |
| Total Assets | (Data missing in provided summary) | |
| LIABILITIES & EQUITY | ||
| Financial Liabilities (Borrowing other than debt, etc.) | 141.26 | 199.81 |
| Equity - Share Capital | 1,296.80 | 1,352.31 |
Operating Performance Review
The Statement of Audited Financial Results for the quarter and year ending March 31, 2026 shows performance across various income and expense categories:| Particular | Year Ended 31st March, 2026 (AUDITED) | Year Ended 31st March, 2025 (AUDITED) |
|---|---|---|
| Total Revenue from Operations | 27.00 | 21.92 |
| Total Income (Other Income + Operations) | 2285 | 3452 |
| Total Expenses | 535 | 1841 |
| Net Profit/Loss after Tax | -4.46 | 0.01 |
| Total Assets | 85.75 | (Data missing) |
The financial statements detail operating income, which showed a decrease from the previous year's reporting period. The company also reported significant expenses for Employee Benefit Expenses and Depreciation Expenses totaling 9.12 in the most recent fiscal year.
Cash Flow and Corporate Actions
For the financial year ended March 31, 2026, Net cash flows from operating activities were reported at -4.46 (in lakhs), compared to 0.01 in the previous period. The company's total cash at the end of the period stands at 5.53 (in lakhs).In related corporate matters, the company is currently undergoing a process regarding its paid-up share capital reduction. A Special Resolution was passed during the financial year under Section 66 of the Companies Act, 2013, approving the reduction. However, the petition before the Hon'ble National Company Law Tribunal Kolkata Bench for the final sanction remains pending, and therefore, no accounting entries related to the capital reduction have been recognized in these official statements.
Key Management Personnel
The company reported several key managerial personnel responsible for oversight:| Designation | Name |
|---|---|
| Managing Director | Santosh Kumar Jain |
| Director | Madhu Prajapati (as of 13.08.2025) |
| Director | Rohit Sahu |
| Director | Rajendra Kumar Parewa |
| CFO | Gautam Saha |
Stock Price Movement
On Monday's close, shares of Silicon Valley Infotech Ltd settled at ₹0.03, marking zero change for the post-market trade. The stock remained completely locked in place throughout the session, with its high and low being identical at the same price point.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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