Statutory Auditors Certificate in terms of Regulation 169(5) of SEBI ICDRA Regualations, 2018
Newspaper Advertisement for Publication of Financials
Update on PDP-716 NDA
Allotment of 3,85,10,000 warrants pursuant to Preferential Issue
Audited Financial Results
the Audited Financial Results of the Company for the Quarter and Financial Year ended March 31, 2026
SPARC Annouces Sale of Priority Review Voucher for US $195 million
Compliance Certificate under Regulation 74(5) of SEBI (DP) Regulations, 2018
Intimation Regarding Resignation of Dr. Shravanti Bhowmik as Head of Operations Management of the Company w.e.f. April 01, 2026
| Particulars | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | 23.95 | 21.18 | 13.86 | 16.56 | 16.81 | 12.86 | 14.91 | 27.19 | 9.64 | 7.86 | 8.45 | 1,853.22 |
| YOY Revenue Growth % | -15.85% | -32.85% | -89.43% | -65.28% | -29.81% | -39.28% | 7.58% | 64.19% | -42.65% | -38.88% | -43.33% | 6715.81% |
| Other Income | 10.19 | 8.49 | 6.39 | 4.40 | 1.56 | 0.04 | 0.19 | 0.00 | 9.02 | 0.01 | 0.00 | 1.80 |
| Total Income | 34.14 | 29.67 | 20.25 | 20.96 | 18.37 | 12.90 | 15.10 | 27.19 | 18.66 | 7.87 | 8.45 | 1,855.02 |
| Total Expenses + | 129.49 | 116.09 | 119.90 | 127.65 | 115.21 | 120.59 | 94.81 | 88.17 | 70.69 | 83.84 | 76.66 | 94.32 |
| Cost of Materials Consumed | 5.17 | 6.47 | 9.03 | 7.46 | 4.53 | 8.31 | 4.58 | 5.70 | 5.13 | 6.10 | 7.21 | 5.16 |
| Employee Benefit Expense | 31.12 | 30.71 | 29.98 | 26.72 | 28.94 | 28.78 | 26.41 | 24.83 | 27.68 | 26.19 | 26.90 | 21.08 |
| Other Expenses | 89.84 | 75.47 | 77.47 | 89.90 | 78.46 | 79.62 | 58.30 | 50.58 | 29.16 | 41.46 | 31.21 | 54.04 |
| Operating Profit | -105.54 | -94.91 | -106.04 | -111.09 | -98.40 | -107.73 | -79.90 | -60.98 | -61.05 | -75.98 | -68.21 | 1,758.90 |
| OPM % | -440.7% | -448.1% | -765.1% | -670.8% | -585.4% | -837.7% | -535.9% | -224.3% | -633.3% | -966.7% | -807.2% | 94.9% |
| Profit Before Tax + | -95.35 | -86.42 | -99.65 | -106.69 | -96.84 | -107.69 | -79.71 | -60.98 | -52.03 | -75.97 | -80.57 | 1,760.70 |
| Tax Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Tax % | - | - | - | - | - | - | - | - | - | - | - | 0% |
| Profit After Tax | -95.35 | -86.42 | -99.65 | -106.69 | -96.84 | -107.69 | -79.71 | -60.98 | -52.03 | -75.97 | -80.57 | 1,760.70 |
| EPS (Basic) | -2.94 | -2.66 | -3.07 | -3.29 | -2.98 | -3.32 | -2.46 | -1.88 | -1.60 | -2.34 | -2.48 | 54.26 |
| Particulars | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|---|---|
| Revenue from Operations | 1,879.17 | 71.77 | 75.55 | 238.78 | 137.25 | 252.96 | 76.82 |
| YOY Revenue Growth % | 2518.32% | -5% | -68.36% | 73.97% | -45.74% | 229.29% | - |
| Other Income | 10.83 | 1.79 | 29.47 | 10.88 | 6.84 | 5.41 | 9.76 |
| Total Income | 1,890.00 | 73.56 | 105.02 | 249.66 | 144.09 | 258.37 | 86.58 |
| Total Expenses + | 325.51 | 418.78 | 493.13 | 472.24 | 347.49 | 409.51 | 386.83 |
| Cost of Materials Consumed | 23.60 | 23.12 | 28.13 | 22.11 | 18.27 | 18.18 | 23.92 |
| Employee Benefit Expense | 101.85 | 108.96 | 118.53 | 106.99 | 96.78 | 91.58 | 93.09 |
| Other Expenses | 155.87 | 266.96 | 332.68 | 323.74 | 208.95 | 278.18 | 269.82 |
| Operating Profit | 1,553.66 | -347.01 | -417.58 | -233.46 | -210.24 | -156.55 | -310.01 |
| OPM % | 82.7% | -483.5% | -552.7% | -97.8% | -153.2% | -61.9% | -403.6% |
| Profit Before Exceptional | 1,564.49 | -345.22 | -388.11 | -222.58 | -203.40 | -151.14 | -312.40 |
| Exceptional Items | -12.36 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit Before Tax + | 1,552.13 | -345.22 | -388.11 | -222.58 | -203.40 | -151.14 | -312.40 |
| Tax Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Tax % | 0% | - | - | - | - | - | - |
| Profit After Tax | 1,552.13 | -345.22 | -388.11 | -222.58 | -203.40 | -151.14 | -312.40 |
| EPS (Basic) | 47.83 | -10.64 | -11.96 | -7.82 | -7.73 | -5.77 | -11.92 |
| Particulars | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|---|---|
| ASSETS | |||||||
| Non-Current Assets + | 306.60 | 304.02 | 239.93 | 375.17 | 208.94 | 166.58 | 0.00 |
| Property, Plant & Equipment | 85.18 | 95.27 | 102.46 | 105.41 | 91.40 | 89.87 | 0.00 |
| Capital Work in Progress | 0.50 | 0.56 | 1.26 | 1.87 | 3.72 | 5.23 | 0.00 |
| Non-Current Investments | 0.43 | 0.42 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Goodwill | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Intangible Assets | 0.13 | 0.06 | 0.19 | 0.34 | 0.47 | 0.69 | 0.00 |
| Current Assets + | 1,861.38 | 25.27 | 246.40 | 454.95 | 71.14 | 59.81 | 0.00 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Trade Receivables | 8.27 | 16.06 | 15.53 | 32.71 | 27.74 | 17.58 | 0.00 |
| Cash and Cash Equivalents | 0.32 | 1.19 | 5.06 | 0.58 | 1.22 | 9.30 | 0.00 |
| Current Investments | 0.00 | 0.00 | 1.80 | 290.90 | 11.66 | 6.43 | 0.00 |
| LIABILITIES & EQUITY | |||||||
| Total Equity | 1,333.58 | -220.62 | 124.85 | 512.77 | 31.23 | -168.25 | 0.00 |
| Equity Share Capital | 32.45 | 32.45 | 32.45 | 32.45 | 27.19 | 26.21 | 0.00 |
| Other Equity | 1,301.13 | -253.07 | 92.40 | 480.32 | 4.04 | -194.46 | 0.00 |
| Non-Current Liabilities | 77.58 | 176.18 | 117.59 | 138.41 | 77.43 | 164.60 | 0.00 |
| Current Liabilities | 756.82 | 373.73 | 243.89 | 178.94 | 171.42 | 233.35 | 0.00 |
| Total Liabilities | 834.40 | 549.91 | 361.48 | 317.35 | 248.85 | 397.95 | 0.00 |
| Particulars | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|---|---|
| Cash from Operating Activities | -238.89 | -362.41 | -429.43 | -69.12 | -208.22 | -151.89 | 0.00 |
| Cash from Investing Activities | -23.51 | 157.66 | 391.11 | -548.28 | -29.17 | 1.55 | 0.00 |
| Cash from Financing Activities | 261.53 | 200.88 | 42.80 | 616.76 | 229.32 | 159.29 | 0.00 |
| Net Increase/Decrease in Cash | -0.87 | -3.87 | 4.48 | -0.64 | -8.07 | 8.95 | 0.00 |