SKIL Infrastructure: Unaudited Q2 FY25 Consolidated Loss of (Rs. 2,60,453.35 Lakhs)
RESULTS
▼ Concern Flagged
HIGH RISK
📅 Filed on BSE: 11 May 2026, 05:17 PM IST · BSE ID: d0daacc3-b8b3-49ed-8e14-7d2213b3de33
View Original BSE Filing (PDF)
💡
In Simple Terms
The company reported a significant loss this quarter while still undergoing a bankruptcy process with auditors raising concerns.
🤖 AI Summary
- SKIL Infrastructure reported an unaudited consolidated net loss of (Rs. 2,60,453.35 Lakhs) for Q2 FY25.
- Company is under Corporate Insolvency Resolution Process (CIRP) since February 1, 2024, by NCLT Mumbai.
- NCLAT vacated stay on October 15, 2025, allowing Committee of Creditors (CoC) formation.
- CoC approved Mr. Purusottam Behera's appointment as Resolution Professional on November 3, 2025.
- Auditors issued qualified conclusion due to material uncertainties on going concern and financial discrepancies.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Total Revenue (Q2 FY25)
12.16 Lakhs
Total Expenses (Q2 FY25)
20.25 Lakhs
Profit / (Loss) for the period (Q2 FY25 Consolidated)
(2,60,453.35 Lakhs)
Exceptional Items (Q2 FY25)
(2,60,445.26 Lakhs)
🏢 How This Affects the Company
The company recorded an exceptional item of (Rs. 2,60,445.26 Lakhs) during the quarter, contributing to a substantial consolidated net loss. Material uncertainties regarding admitted claims and intercompany balances exist, impacting the financial position.
The company is being managed by a Resolution Professional since February 1, 2024, affecting its overall operations and decision-making processes under the Insolvency and Bankruptcy Code.
The ongoing CIRP, the qualified audit conclusion, and reliance on a 'going concern' basis despite identified material uncertainties introduce significant financial and operational risks. Unreconciled intercompany loan balances and unconfirmed bank balances increase reporting risk.
👥 What This Means For Shareholders
✅
Action Required
No immediate action is required from shareholders based on this filing.
👤
Who Is Affected
All shareholders are affected by the company's ongoing Corporate Insolvency Resolution Process and significant quarterly loss of (Rs. 2,60,453.35 Lakhs).
🔍
Management Signal
The Resolution Professional is proceeding with the CIRP, including constitution of CoC and appointment of RP, indicating adherence to IBC procedures.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Next financial results — observe any updates on CIRP status and financial performance.
NCLT/NCLAT filings — monitor for developments in the ongoing insolvency proceedings.
Resolution Plan — await disclosure of a proposed resolution plan for the company.
HIGH RISK
Ongoing CIRP, significant financial losses, and auditor's going concern concerns represent high risk.
💡 Investor Takeaway
SKIL Infrastructure reported a consolidated net loss of (Rs. 2,60,453.35 Lakhs) for Q2 FY25. The company remains under CIRP, with the Committee of Creditors constituted and a Resolution Professional appointed. Auditors highlighted material uncertainties regarding the going concern assumption.
⚖️ Strengths & Concerns
⚠️ Concerns
- Consolidated net loss of (Rs. 2,60,453.35 Lakhs) for the quarter ended September 30, 2024, indicates significant financial distress.
- Auditors raised concerns regarding the company's ability to continue as a going concern, despite financial results being prepared on that basis.
📅 Company Track Record
SKIL Infrastructure Limited was admitted for Corporate Insolvency Resolution Process (CIRP) by the NCLT Mumbai on February 1, 2024. An appeal against this order was filed, which was later withdrawn on October 15, 2025. The Committee of Creditors was constituted and approved the appointment of the Resolution Professional on November 3, 2025.
Based on publicly available historical data. For context only.