How did the quarterly loss change?

The net loss for Q4 FY2026 was ₹64.58 lakhs. This is roughly 45 times the ₹1.44 lakh loss reported in the preceding quarter (Q3 FY2026).

What was the full-year financial result?

For the full year ended March 31, 2026, Boston Commerce posted a net loss of ₹58.08 lakhs. This is a slight increase from the ₹54.73 lakh loss in FY2025.

What did the auditor flag?

The auditor's report noted the non-payment of TDS dues during the year. Despite this compliance issue, the overall audit opinion remained unmodified.

What is the company's scale?

Boston Commerce is a nano-cap company with a market capitalisation of about ₹5 crore. Its Q4 revenue of ₹19.25 lakhs is less than 1% of that market value.

Earnings · Medical Equipment · Micro cap

Boston Commerce's losses are 44x its market cap. Its auditor flagged unpaid taxes.

The nano-cap's Q4 net loss ballooned to ₹64.58 lakhs. Revenue dropped 60% sequentially. The auditor noted the company failed to pay its TDS dues.

— 1 earlier story on Boston Commerce Ltd. →

BOSTON BIO By Tipsheet Editorial 30 May 2026 · 6:14 PM IST Verify on BSE · NSE

Mkt cap₹4.85 cr

ROE0.00%

Debt / eq.0.92

₹64.58 lakhs Q4 FY2026 net loss, 44x the company's entire market cap.

What's new

Q4 net loss ballooned to ₹64.58 lakhs, up from just ₹1.44 lakhs in Q3.
Revenue fell to ₹19.25 lakhs from ₹48.37 lakhs in the prior quarter.
Auditor flagged non-payment of TDS dues during the year.

Why this matters

A ₹64 lakh quarterly loss is modest for most companies. For a ₹5 crore nano-cap, it is devastating. The unpaid TDS, flagged by the auditor, is a direct indicator that cash is not available to meet even basic statutory obligations.

What we're watching

Whether the tax authorities follow up on the unpaid TDS dues.
Any move to raise capital or cut costs to stem the cash bleed.
The trajectory of revenue, which has now fallen for two straight quarters.

The full read

Boston Commerce's audited FY2026 numbers show a cash problem getting worse. The ₹5 crore nano-cap posted a Q4 net loss of ₹64.58 lakhs, up from just ₹1.44 lakhs in Q3. Revenue dropped to ₹19.25 lakhs from ₹48.37 lakhs. The full-year loss widened to ₹58.08 lakhs from ₹54.73 lakhs in FY2025. The auditor flagged one governance issue: the company did not pay its TDS dues. The opinion was unmodified, but the tax default is a clear sign that liquidity is strained. For a business of this size, failing to remit taxes to the government is a serious operational red flag. Not yet a crisis for authorities. But a clear signal the cash is gone.

Questions answered

How did the quarterly loss change?: The net loss for Q4 FY2026 was ₹64.58 lakhs. This is roughly 45 times the ₹1.44 lakh loss reported in the preceding quarter (Q3 FY2026).
What was the full-year financial result?: For the full year ended March 31, 2026, Boston Commerce posted a net loss of ₹58.08 lakhs. This is a slight increase from the ₹54.73 lakh loss in FY2025.
What did the auditor flag?: The auditor's report noted the non-payment of TDS dues during the year. Despite this compliance issue, the overall audit opinion remained unmodified.
What is the company's scale?: Boston Commerce is a nano-cap company with a market capitalisation of about ₹5 crore. Its Q4 revenue of ₹19.25 lakhs is less than 1% of that market value.

Mentioned: Boston Commerce Ltd · ₹64.58 lakhs Q4 loss · TDS non-payment

Primary source BSE · NSE · Tijori

An independent reading of the company's own disclosure — the primary filing above is the final word.

Story so far

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30 May 2026 · 6:14 PM IST Boston Commerce's losses are 44x its market cap. Its auditor flagged unpaid taxes.
today Boston Commerce is writing off assets and shrinking its capital