1) Standalone unaudited financial results of the company for the quarter and half year ended September 30, 2025. Pursuant to Regulation 33 of the SEBI (Listing Obligation and Disclosure ....
Awaiting price reaction for this filing.
Ashoka Refineries Limited reported its standalone unaudited results for the quarter and half year ended September 30, 2025. Revenue from operations collapsed to just Rs 0.20 lakh in Q2 FY26 versus Rs 2.66 lakh in the same quarter last year. For the half year, revenue fell sharply to Rs 0.47 lakh from Rs 29.48 lakh in H1 FY25, a drop of roughly 98%. The company posted a loss of Rs 3.66 lakh for the quarter and Rs 7.37 lakh for the half year, slightly worse than the Rs 6.23 lakh loss in H1 FY25. Other equity is now negative at Rs (89.33) lakh, indicating accumulated losses exceeding share capital, and cash and equivalents dropped from Rs 29.59 lakh to Rs 12.21 lakh. Operating cash flow for the half year was negative at Rs (9.86) lakh. The statutory auditor issued an unqualified limited review report.
This is a deeply negative result for shareholders - revenue has nearly vanished while losses continue and cash is being burned, signaling serious operational and financial stress. With negative reserves and no signs of recovery, the stock is likely to face continued selling pressure and heightened solvency concerns.