This is to inform you that, the Board of Directors at their Meeting held on today i.e. 14th November, 2025 at 604, GIDC, Vithal Udyognagar- 388121, Anand, Gujarat, considered and approve ....
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Awaiting price reaction for this filing.
Adarsh Plant Protect's Board approved unaudited Q2 FY26 results showing revenue from operations of Rs. 362.91 lakhs, down sharply from Rs. 518.44 lakhs in Q2 FY25 (~30% decline). Half-year revenue also fell to Rs. 627.85 lakhs from Rs. 924.38 lakhs. The company slipped into a small loss at the PAT level for H1 FY26 at Rs. (3.35) lakhs versus a profit of Rs. 14.08 lakhs last year, after Q2 PAT crashed from Rs. 30.88 lakhs to just Rs. 0.63 lakhs. The auditor (Mukund & Rohit) issued an unmodified limited review report. The balance sheet remains weak with negative other equity of Rs. (959.71) lakhs, total equity of only Rs. 31.44 lakhs, and current borrowings rising to Rs. 544.13 lakhs from Rs. 424.50 lakhs. Operating cash flow was negative at Rs. (95.48) lakhs, with the shortfall funded through additional borrowings.
Weak results and a deeply stressed balance sheet (negative reserves, very high leverage, negative operating cash flow) are significant red flags for shareholders and raise serious going-concern questions; the stock is likely to see negative sentiment.