Quarterly Integrated Filing (Financial) for the quarter ended 31.12.2025.Dear Sir/ Madam,With reference to the captioned subject and pursuant to Regulation 10(1A) of SEBI Listing Regulations read with SEBI Circular dated March 31, 2025 and NSE Circular No. NSE/CML/2025/02 dated January 02, 2025, we hereby submit Integrated Filing (Financial) for the quarter ended on 31st December, 2025.
AKSHAR · price
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Awaiting price reaction for this filing.
Akshar Spintex reported Q3 FY26 revenue from operations of Rs. 3,435 lakhs, up about 32% year-on-year from Rs. 2,597 lakhs and roughly 54% sequentially. However, the company slipped into a deeper loss of Rs. 379.50 lakhs for the quarter versus Rs. 233.35 lakhs in Q3 FY25. For the nine months ended December 2025, revenue dipped to Rs. 8,288 lakhs from Rs. 8,619 lakhs a year ago, while the loss widened sharply to Rs. 699.97 lakhs from Rs. 330.55 lakhs. The auditor flagged a significant concern: the company has not inspected its fixed assets, has not maintained a fixed asset register, and has not carried out an inventory inspection, leaving the auditor unable to obtain sufficient evidence for a review opinion. The company also has total borrowings of Rs. 4.36 crore with no defaults reported.
Persistent and widening losses raise serious concerns about profitability, and the auditor's inability to verify fixed assets and inventories is a major red flag for shareholders. The stock is likely to react negatively given the combination of mounting losses, declining nine-month revenue, and the auditor's qualified review report.