Toyam Sports Limited Announces Un-Audited Financial Results for Q/H Ending December 31, 2025
Toyam Sports Limited, formerly known as Toyam Industries Limited, has announced the results for the quarter and half year ended December 31, 2025. The company also reported the approval of Nidhi Bajaj & Associates as its Practicing Company Secretary.The board of directors approved the release of the un-audited standalone and consolidated financial results and the limited review report for the specified period.
Financial Performance Overview
The company released comprehensive financial statements detailing its Standalone and Consolidated financial results.Standalone Financial Results (Rs. in Lakhs)
The following table summarizes key standalone financial metrics for Toyam Sports Limited:| Metric | Quarter ended 31.12.2025 (Unaudited) | Quarter ended 30.09.2025 (Unaudited) | Quarter ended 31.12.24 (Unaudited) | Standalone Q ended 31.12.25 (Unaudited) | Nine Months ended 31.12.24 (Audited) | Nine Months ended 31.03.25 (Audited) |
|---|---|---|---|---|---|---|
| Total Income | 102.67 | N/A | 102.67 | N/A | 189.27 | 118.14 |
| Total Expenses | 2.28 | 8.81 | 556.35 | 27.98 | 1,006.82 | 1,489.52 |
| Net Profit/(Loss) for the period (5-6) | (2.28) | (8.81) | (453.68) | (27.98) | (820.10) | (1,379.46) |
Consolidated Financial Results (Rs. in Lakhs)
The consolidated results show the Group's performance across the relevant quarters and years:| Metric | Quarter ended 31.12.25 (Unaudited) | Quarter ended 30.09.25 (Unaudited) | Quarter ended 31.12.24 (Unaudited) | Consolidated Q ended 31.12.25 (Unaudited) | Nine Months ended 31.12.24 (Audited) | Nine Months ended 31.03.25 (Audited) |
|---|---|---|---|---|---|---|
| Total Income | 88.74 | 103.86 | 90.89 | 669.24 | 747.48 | 172.61 |
| Total Expenses | 617.92 | 903.61 | 587.36 | N/A | 687.19 | N/A |
| Net Profit/(Loss) for the period (5-6) | (617.92) | (814.87) | (464.32) | (1,523.14) | (488.15) | (1,160.90) |
In the consolidated statement, the total comprehensive income for the year amounted to (Rs. 4,900.43) Lakhs.
Audit Qualifications and Statutory Concerns
The financial results were accompanied by a statement highlighting several audit qualifications, resulting in a qualified opinion from the independent auditors.The auditors noted multiple areas where the Company did not provide necessary financial assessments, including:
- Financial Impairment: The Company has not provided for impairment of its financial assets using the expected credit loss (ECL) approach (Ind AS 109). Since the Company's finance activities are considerable (over 50% of the funds), the auditors stated they could not assess or quantify the potential future impact due to unrecognized impairment.
- Loans and Advances: Impairment analysis of loans and advances given to various companies, as required by Ind AS 36, was not carried out, leading to an inability to comment on the materiality or recoverability of the amounts.
- Statutory Non-compliance: The company was unable to comment on the financial or legal implications due to non-compliance with statutory liabilities such as Professional Tax and TDS.
- Regulatory Issues: The qualification also noted that the Company received notices from SEBI, and pending investigation, the consequent financial impact remains unascertainable.
Key Corporate Updates
Toyam Sports Limited provided the following operational updates:- Practicing Company Secretary: The appointment of Nidhi Bajaj & Associates was approved as the Practicing Company Secretary, effective April 23, 2026, subject to shareholder approval at the upcoming meeting.
- Business Scope: The Company remains primarily engaged in the business of Sports Promotion, and there are no separate reportable segments as per Ind AS 108 - Operating Segments.
Stock Price Movement
Toyam Sports Ltd shares settled at ₹0.92 today, making gains of 2.22% in post-market trading. Throughout the day, the stock fluctuated within a range, marking a move between a low of ₹0.89 and a high of ₹0.92.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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