As Per attachment
Awaiting price reaction for this filing.
Procal Electronics India Ltd reported unaudited results for the quarter ended 31 December 2025. The company is currently non-operational and recorded no revenue from operations. It posted a net loss of Rs 1.16 lakh for Q3 FY26 and Rs 4.38 lakh for the nine months ended December 2025, slightly better than the Rs 5.45 lakh full-year loss reported for FY25. The statutory auditor (PAMS & Associates) issued a qualified conclusion on the results, flagging that the company's net worth is fully eroded, its manufacturing unit and assets at Silvassa are under Canara Bank's control after loans were classified as NPA, and several old balances and inventory valuations remain uncertain. The auditor also referenced an adverse opinion it had given on the FY25 audited financial statements.
Shareholders should note that the company remains non-operational, is making continuous losses, has fully eroded net worth, and faces serious going-concern risks with its key assets under bank possession and unresolved SARFAESI proceedings. This raises significant doubts about future business continuity and is negative for the stock.