Revised Financial results for quarter and year ended 31st March, 2026
RESULTS
▼ Concern Flagged
HIGH RISK
📅 Filed on BSE: 10 Jun 2026, 07:35 PM IST · BSE ID: 997b23fb-ca0c-462b-a527-95d3906a8ce3
View Original BSE Filing (PDF)
💡
In Simple Terms
The company re-filed its annual financial results, clarifying that its auditors provided a qualified opinion due to significant write-offs and unpaid taxes.
🤖 AI Summary
- Boston Commerce Ltd submitted revised audited standalone financial results for Q4 and year ended March 31, 2026.
- The revision confirmed that statutory auditors issued a modified/qualified opinion, correcting a previous clerical error.
- The company reported a net loss of Rs. 717.61 lakhs for the year ended March 31, 2026.
- Basic Earnings Per Share (EPS) stood at Rs. -10.25 for the year ended March 31, 2026.
- Auditors' qualified opinion cited significant asset/liability write-offs and unpaid TDS dues for FY2025-26.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Net Profit/ (Loss) for the year
(717.61) lakhs
Not comparable — limited prior period data.
Total Comprehensive Income for the year
(717.61) lakhs
Not comparable — limited prior period data.
Basic Earnings per equity share (Rs.)
(10.25)
Not comparable — limited prior period data.
Diluted Earnings per equity share (Rs.)
(10.25)
Not comparable — limited prior period data.
🏢 How This Affects the Company
The financial statements include significant write-offs of assets and liabilities, impacting the reported net loss and potentially the company's financial standing. Unpaid TDS dues represent a liability and non-compliance with tax regulations.
The qualified audit opinion and the auditor's concern about the company's ability to continue as a going concern introduce significant financial and operational risk. Lack of shareholder resolution for material write-offs indicates potential governance issues.
👥 What This Means For Shareholders
✅
Action Required
No immediate action is required by shareholders based on this filing, other than reviewing the revised financial results and the auditor's report.
👤
Who Is Affected
All shareholders are affected by the qualified audit opinion, which raises questions about the accuracy of the financial statements and the company's financial health, impacting the reported net loss of Rs. 717.61 lakhs for FY26.
🔍
Management Signal
Management's initial error in reporting an unmodified opinion and the subsequent correction indicates a focus on regulatory compliance, but the underlying audit qualification points to significant operational and financial issues acknowledged by management.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Company response to audit qualifications and action plan details.
Resolution of unpaid TDS dues for the financial year 2025-26.
Outcome of any shareholder approvals for material asset/liability write-offs.
HIGH RISK
Qualified audit opinion, significant write-offs, unpaid taxes, and going concern doubt create substantial risk.
💡 Investor Takeaway
Boston Commerce Ltd's revised FY26 results confirm a qualified audit opinion due to Rs. 717.61 lakhs net loss, significant asset/liability write-offs, and unpaid FY2025-26 TDS dues. Auditors expressed doubt on the company's going concern ability.
⚖️ Strengths & Concerns
⚠️ Concerns
- The company reported a Net Loss of Rs. 717.61 lakhs for the year ended March 31, 2026.
- Auditors issued a modified/qualified opinion, citing significant asset and liability write-offs and unpaid TDS dues for FY2025-26.
📅 Company Track Record
Boston Commerce Ltd (formerly Boston Bio Systems Limited) was incorporated on December 15, 1995. No previous filings for this company were found in the ForgeUp database, limiting historical context for financial performance analysis.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What was Boston Commerce Ltd's net loss for the year ended March 31, 2026?
Boston Commerce Ltd reported a net loss of Rs. (717.61) lakhs for the year ended March 31, 2026.
Why did Boston Commerce Ltd revise its financial results filing for March 2026?
Boston Commerce Ltd revised its filing to correct a clerical error, clarifying that its statutory auditors issued a Modified/Qualified Opinion, not an Unmodified Opinion, for the year ended March 31, 2026.
What were the primary reasons for the qualified audit opinion on Boston Commerce Ltd's FY26 results?
The auditors issued a qualified opinion due to significant write-offs of assets and liabilities without shareholder special resolution, and the company's failure to pay TDS dues during FY2025-26.
What was the Basic Earnings Per Share (EPS) for Boston Commerce Ltd for the year ended March 31, 2026?
The Basic Earnings Per Share for Boston Commerce Ltd was Rs. (10.25) for the year ended March 31, 2026.
Questions based on this BSE filing only. For information purposes.