BSEResult1d ago · 11 Aug 2026, 05:54 pm
Financial Results for the Quarter Ended, 30th June 2026
New Markets Avenue Ltd · 508867
✦ AI Summary▼ NegativeResults
New Markets Avenue Ltd has announced its unaudited financial results for the quarter ended June 30, 2026, with a net loss of Rs. 25.49 lakhs and EPS of (0.52). The company's revenue from operations was Rs. 1.80 lakhs, with employee benefits expense and other expenses totaling Rs. 27.29 lakhs. The company has not provided any guidance on future performance or business expansion plans.
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New Markets Avenue Ltd - 508867 - Financial Results For The Quarter Ended, 30Th June, 2026
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NEW MARKETS AVENUE LIMITED
CIN: L74120MH1982PLC028648
Regd. Office: G2 & G3, Samarpan Complex, Next to Mirador Hotel, Chakala, Andheri East, Mumbai – 400 099
Email ID: newmarkets@ymail.com CIN: L74120MH1982PLC028648, Mobile: 9699076667
11th August, 2026
Corporate Relation Department
Bombay Stock Exchange Ltd.,
Phiroze Jeejeebhoy Towers,
Dalal Street, Mumbai – 400 001
BSE Script Code: 508867
Scrip Id: NEWMKTAVE
Sub: Outcome of Board Meeting pursuant to Regulation 30 of the Securities and Exchange Board
of India (Listing Obligations and Disclosure Requirements) Regulation, 2015, read with its
amendments
This is to inform the exchange that the meeting of Board of Directors of the New Markets Avenue
Limited has been duly convened on 11th day of August, 2026 at registered office of the company.
The Board transacted following items:
1. Approved and adopted the Un-Audited Financial Results of the Company for the Quarter
ended on 30th June, 2026 alongwith Limited Review Report for the Quarter ended 30th June,
2026.
2. Disclosure of Statement on Deviation or Variation of funds under Regulation 32 of SEBI
(Listing Obligations and Disclosure Requirements) Regulations, 2015 (SEBI Listing
Regulations) for the Quarter ended 30th June, 2026.
3. Other Routine business.
Please note that the Meeting of the Board of Directors commenced at 4.30 P.M. and concluded at
5.30 P.M.
Kindly take the note of the same and update on your records.
Thanking you,
Yours Faithfully
For New Markets Avenue Limited
(Formerly New Markets Advisory Limited)
Kishore Kanhiyalal Jain
Whole Time Director
DIN: 02385072
NEW MARKETS AVENUE LIMITED
(Formerly New Markets Advisory Limited)
CIN : {L74120MH1982PLC028648}
UN-AUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED 30TH JUNE 2026
(Rs. in Lakhs)
Quarter ended Year ended
Particulars 30-06-2026 31-03-2026 30-06-2025 31-03-2026
(Unaudited) (Audited) (Unaudited) (Audited)
1 Revenue from operations - - 11.75 19.25
Other income 1.80 0.34 - 0.34
Total revenue 1.80 0.34 11.75 19.59
2 Expenses
Employee benefits expense 18.60 8.85 0.60 20.60
Depreciation and amortization expense 0.03 0.06 0.02 0.11
Other expenses 8.66 4.01 3.30 30.63
Total expenses 27.29 12.92 3.92 51.34
3 Profit before exceptional items and tax (25.49) (12.58) 7.83 (31.75)
Exceptional items - - - -
Profit / (Loss) from ordinary activities before tax (25.49) (12.58) 7.83 (31.75)
4 Tax expense:
Current Tax - - -
Deferred tax - - - -
5 Profit/(Loss) from ordinary activities after tax (25.49) (12.58) 7.83 (31.75)
6 Other Comprehensive Income (OCI)
Item that will not be reclassified to profit or loss
Gain/(Loss) on recognised on fair valuation of Financial Assets - - - -
Income tax relating to these items - - - -
Total - - - -
Reclassification of loss on asset held for sale - - - -
Total Other Comprehensive Income (OCI) - - - -
Profit/(Loss) for the Period (25.49) (12.58) 7.83 (31.75)
Paid up Equity Share Capital (Face Value of Rs. 10 each) 494.00 494.00 124.00 494.00
7 Earning Per Share ( EPS ) (Not annualised)
(1) Basic (0.52) (0.25) 0.63 (0.64)
(2) Diluted (0.52) (0.25) 0.63 (0.64)
Notes:
1 TheAboveFinancialResultswerereviewedbytheauditcommitteeoftheboardon11-08-2026andapprovedbytheBoardofDirectorsof
thecompanyattheirmeetingheldonsamedate.TheStatutoryauditorhaveexpressedonunmodifiedopinion.Thereviewreporthasbeen
filledwithstockexchangeandisavailableonthecompany'swebsite.TheFinancialresultshavebeenpreparedinaccoradancewithIndAs
notified under the companies (Accounting Standards) Rule 2015.
2Figuresforthecorrespondingquarterendedi.e.31stMarch2026inthepreviousyearasreportedinthesefinancialresultsarethebalancing
figuresbetweenauditedfiguresinrespectofthefullfinancialyearandthepublishedyeartodatefiguresuptotheendofthefourthquarter
of the relevant financial year.
3The Company has single business segment therefore in the context of Ind As 108, disclosure of segement information is not applicable.
4Previous quarter figures have been regrouped /reclassified whereever necessary, to make them comparable.
FOR NEW MARKETS AVENUE LIMITED
Kishore Kanhiyalal Jain
Chairman & Director
DIN: 02385072
Date: 11/08/2026
Place: Mumbai
SUVARNA & KATDARE
CHARTERED ACCOUNTANTS
C-4, Angelina, Baji Prabhu Deshpande Marg, Off Santoshi Mata Mandir,
Near Insignia Building, Vile Parle (West), Mumbai- 400 056
TEL.: 26115621 / 26114526 EMAIL:rrs_suvarna@yahoo.com
Independent Auditor's Review Report on Unaudited Standalone Financial
Results of the Company for the Quarter Ended June 30, 2026 Pursuant to the
Regulation 33 / 52 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015, as amended
The Board of Directors,
New Markets Avenue Limited (Formerly New Markets Advisory Limited)
1. We have reviewed the accompanying Statement of Unaudited Standalone Financial Results
of New Markets Avenue Limited (Formerly New Markets Advisory Limited) ("the Company")
for the quarter ended June 30, 2026 ("the Statement"), attached herewith, being submitted
by the Company pursuant to the requirement of Regulation 33 and Regulation 52 of the SEBI
(Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended ("the Listing
Regulations").
2. This Statement, which is the responsibility of the Company's Management and approved
by the Company's Board of Directors, has been prepared in accordance with the recognition
and measurement principles laid down in Indian Accounting Standard 34, "Interim Financial
Reporting" ("Ind AS 34"), prescribed under Section 133 of the Companies Act, 2013 as
amended, read with relevant rules issued thereunder and other accounting principles
generally accepted in India. Our responsibility is to express a conclusion on the Statement
based on our review.
3. We conducted our review of the Statement in accordance with the Standard on Review
Engagements (SRE) 2410, "Review of Interim Financial Information Performed by the
Independent Auditor of the Entity" issued by the Institute of Chartered Accountants of India
(ICAI). This standard requires that we plan and perform the review to obtain moderate
assurance as to whether the Statement is free of material misstatement. A review of interim
financial information consists of making inquiries, primarily of persons responsible for
financial and accounting matters, and applying analytical and other review procedures. A
review is substantially less in scope than an audit conducted in accordance with Standards on
Auditing specified under section 143(10) of the Companies Act, 2013 and consequently does
not enable us to obtain assurance that we would become aware of all significant matters that
might be identified in an audit. Accordingly, we do not express an audit opinion.
4. Based on our review conducted as stated in paragraph 3 above, nothing has come to our
attention that causes us to believe that the accompanying Statement, prepared in accordance
with the recognition and measurement principles laid down in the aforesaid Indian
Accounting Standard (Ind AS 34) specified under Section 133 of the Companies Act, 2013 as
amended, read with relevant rules issued thereunder and other accounting principles
generally accepted in India, has not disclosed the information required to be disclosed in
terms of Regulation 33 and Regulation 52 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015, as amended, including the manner in which it is to be
disclosed, or that it contains any material misstatement.
For SUVARNA & KATDARE
Chartered Accountants
Firm Registration No. 125080W
Ravindra Raju Suvarna
(Partner)
Membership No.: 032007
UDIN:
Place: Mumbai
Date: 11th August, 2026
SUVARNA & KATDARE
CHARTERED ACCOUNTANTS
C-4, Angelina, Baji Prabhu Deshpande Marg, Off Santoshi Mata Mandir, Near
Insignia Building, Vile Parle (West), Mumbai- 400 056 TEL.: 26115621 / 26114526
EMAIL:rrs_suvarna@yahoo.com
STATEMENT ON DEVIATION / VARIATION IN UTILISATION OF FUNDS RAISED FOR THE
QUARTER ENDED ON 30TH JUNE 2026
S. No Particular Details
i.
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