⚖️ When Your Only Expenses Are Legal Fees
Published by OOPSONLINE.IN · Source: scanx.trade · 1 min read · · Updated
💀 OOPS SAYS
When literally 100% of your expenses go toward legal and professional fees, you’re not really running a business anymore—you’re just funding a law firm's holiday party.
What actually happened
Net loss widened 261% YoY to ₹11.66 lakh from ₹3.23 lakh in Q1FY26. Legal and professional charges surged to ₹14 lakh, constituting all expenses. Operating income was ₹2.34 lakh, derived entirely from other operating sources. Results approved by Monitoring Committee on August 27, 2026. NCLT approved resolution plan by Norfolk Technology Services on July 9, 2026.
Key points
- Net loss widened 261% YoY to ₹11.
- 66 lakh from ₹3.
- 23 lakh in Q1FY26.
- Legal and professional charges surged to ₹14 lakh, constituting all expenses.
Summary based on data provided by scanx.trade. Full article available at the original publisher.
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- #jatalia
- #global