The Board of Directors of Flexituff Ventures International Limited met on 30th May, 2026, to consider and approve the standalone and consolidated financial results for the quarter and financial year ended 31st March, 2026. The financial results announced for the quarter ended 31st March, 2026, indicate a significant decline in operational performance compared to both the preceding quarter and the corresponding quarter of the previous year. The company recorded a revenue from operations of ₹0.32 lakhs for the quarter ended 31st March, 2026, and a net loss of ₹6,912.55 lakhs.
| Financial Metric | QoQ Change (%) | YoY Change (%) |
|---|---|---|
| Revenue | -99.99% | -99.98% |
| Profit/Loss | -134.64% | -529.36% |
Flexituff Ventures International Limited is a company engaged in the business of manufacturing and exporting technical textile products, including Flexible Intermediate Bulk Containers (FIBC), reverse printed Biaxially-Oriented Polypropylene (BOPP) woven bags, Leno Bags, geotextile fabrics, and ground cover, which are used for applications such as soil erosion control and riverbank protection.
The company has faced severe operational and financial difficulties, leading to a management and business operations deadlock. As of 31st March, 2026, the company’s current liabilities exceeded its current assets by ₹32,233.86 lakhs, and it has total dues of ₹25,971.26 lakhs (including accrued interest). The auditors, Mahesh C. Solanki & Co., issued an adverse opinion, noting the complete erosion of the company’s net worth and expressing significant doubt regarding its ability to continue as a going concern. In 2025, the company experienced disruptions at its Kashipur plant due to raw material shortages and labour strikes. Additionally, the company forfeited ₹5.17 crores from convertible warrants due to the non-exercise of conversion options.
For the financial year ended 31st March, 2026, the company reported a net loss of ₹13,487.87 lakhs compared to a profit of ₹23,564.66 lakhs in the previous year. The revenue from operations for the same period stood at ₹1,680.06 lakhs, a sharp decline from ₹28,857.17 lakhs in the previous year. There are no reports of any famous investors in the company.
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