We hereby submitting newspaper clippings of Unaudited Standalone Financial Results of the Arshiya Limited (CIRP) for the Quarter and Nine Month ended 30th December, 2024.
ARSHIYA · price
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Arshiya Ltd, which is under Corporate Insolvency Resolution Process (CIRP), has published its unaudited standalone financial results for Q3 and 9 months ended December 31, 2024 via newspaper advertisements. For the 9-month period, total income declined to approximately Rs. 555 lakhs from Rs. 1,223 lakhs in the prior year. The company reported a loss of Rs. 65 lakhs for Q3, and a cumulative loss of Rs. 66 lakhs for the 9-month period. Key line items like revenue from operations fell significantly (from Rs. 1,165 lakhs to Rs. 547 lakhs year-on-year), reflecting the distressed operational state of the company under insolvency proceedings. The results were published in Financial Express and Navakal on May 21, 2026.
As a company undergoing CIRP, these financial results reflect severely impaired operations. The significant drop in income and continued losses indicate that the resolution process has materially impacted business continuity. Shareholders should note that the company is being managed by a Resolution Professional, and the stock remains under a resolution/insolvency cloud.