BSEAcme Resources LtdHighNeutral
Announced Tue, 10 Feb · 18:36 IST

Outcome of Board Meeting for consideration and approval of un-audited standalone and consolidate Financial results of the Company for the Quarter and Nine Months ended December 31, 2025

Pat NegativeRevenue Growth 20pctEmphasis Of MatterAuditor Mid Year ChangeResults View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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AI summary

Acme Resources Limited announced its unaudited financial results for the quarter and nine months ended December 31, 2025. On a standalone basis, total revenue from operations rose to Rs. 233.30 lakh in Q3 FY26 from Rs. 116.58 lakh in Q3 FY25, while nine-month revenue grew to Rs. 480.37 lakh from Rs. 384.22 lakh. However, the company swung to a standalone loss after tax of Rs. 365.59 lakh in Q3 (vs profit of Rs. 60.58 lakh) and a nine-month loss of Rs. 275.20 lakh (vs profit of Rs. 262.98 lakh), mainly due to a sharp Rs. 595.35 lakh impairment on financial instruments in Q3. Consolidated results also showed a Q3 loss after tax of Rs. 303.07 lakh against a prior profit. The auditor flagged an Emphasis of Matter regarding income tax demands totalling about Rs. 90.65 crore for AY 2015-16, 2016-17, and 2023-24, which the company is contesting. Separately, secretarial auditor Vikas Gera & Associates resigned citing pre-occupation, with no concerns raised.

Likely market impact

Despite strong top-line growth, shareholders face a sharply negative quarter driven by large impairment charges and pending tax disputes worth over Rs. 90 crore, which remain a key overhang on the stock. The auditor change and secretarial auditor resignation may warrant closer monitoring for governance comfort.