1) Standalone Un-Audited Financial Results of the Company for the quarter ended June 30, 2025 together with Auditors' Limited Review Report of the Statutory Auditor(s) in terms of Regulation ....
Awaiting price reaction for this filing.
Ashoka Refineries Limited reported standalone unaudited results for Q1 FY26 (quarter ended June 30, 2025). Total Income from operations was just Rs. 0.27 lakhs, while Total Expenses stood at Rs. 3.71 lakhs, resulting in a Loss Before Tax and Loss After Tax of Rs. (3.71) lakhs. Basic and Diluted EPS both turned negative at Rs. (0.11). The statutory auditor, M/s Batra Deepak & Associates, issued an unqualified (clean) limited review report on the results. The Board also approved the appointment of M/s G Soni & Associates as Secretarial Auditors for a five-year term (FY26–FY30), subject to shareholder approval, and appointed M/s Suraj Rajput & Co. as Internal Auditor for FY26. The company operates mainly in the 'Trading Activities' segment.
Near-zero quarterly revenue and a return to losses indicate very weak operational activity, which is a negative signal for shareholders. However, the clean auditor review and fresh governance appointments (Secretarial and Internal Auditors) provide some reassurance on disclosure quality.