Talwalkars Fitness Releases Unaudited Results for Quarter Ended June 30, 2026
Talwalkars Better Value Fitness Limited has released its unaudited financial results for the quarter ending June 30, 2026. The results were reviewed and approved by the Audit Committee of the company following a Board meeting held on August 14, 2026.The Statement of Un-Audited Financial Results provides insights into the company's income structure and financial position during the quarter. Revenue from operations stood at 0.00 lakhs for the period. Total Income (Net) was 0.00 lakhs, while Other Income contributed 14.29 lakhs.
The unaudited results were reviewed by S K Bhavsar & Co., Chartered Accountants. The firm confirmed that, based on its review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410, nothing came to their attention that suggested a material misstatement or failure to disclose required information.
Financial Summary for Quarter Ended June 30, 2026
The following table outlines key financial performance indicators from the unaudited results:| Metric | Quarter ended June 30, 2026 (Un-Audited) | Preceding Quarter ended March 31, 2026 (Audited) |
|---|---|---|
| Revenue From Operations (a) | 0.00 lakhs | 0.00 lakhs |
| Other Income (b) | 0.00 lakhs | 14.29 lakhs |
| Total Income (Net) | 0.00 lakhs | 14.29 lakhs |
| Total Comprehensive income for the period | (295.68) lakhs | (7928.74) lakhs |
Operational Status and Capital Structure Details
The company, which was acquired as a going concern during its liquidation process, operates under control of a reconstituted Board of Directors following an order from the NCLT, Mumbai Bench dated February 26, 2026. This resolution included permanent extinguishment of pre-transfer dues and liabilities. The financial statements for the year ended March 31, 2026, reflected the effects of Fresh Start Accounting.Regarding its capital structure, the existing equity share capital was cancelled consequent to the NCLT Order. The company is currently seeking necessary approvals for the allotment of 1,00,00,000 new equity shares. However, as of June 30, 2026, no new equity shares have been allotted, and no fresh capital has been infused into the company during the quarter. Trading in the company's equity shares remains suspended on BSE and NSE.
Note on Financial Review
S K Bhavsar & Co., the Chartered Accountants reviewing the results, highlighted that the Company continues to seek approvals for the new equity share allotment. The auditor confirmed that the Statement was prepared in accordance with Indian Accounting Standard 34 (Interim Financial Reporting).The Board of Directors, led by Managing Director Arvind Pradhan Bhanushali, reviewed and approved these financial outcomes, affirming that they were prepared according to established accounting principles.
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