Attached New papers Clipping for Unaudited Financial Results for the period ended 30th September,2025.
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Awaiting price reaction for this filing.
Austin Engineering Company Ltd has filed with BSE the newspaper clippings of its unaudited financial results for Q2 and H1 FY26 (ended 30 September 2025), approved by the Board on 12 November 2025. The results table accompanying the filing appears to be for Mideast Integrated Steels Limited, showing total operating income of Rs 2.96 million (standalone) and Rs 656.76 million (consolidated) for the quarter, with a standalone net loss of Rs 127.53 million versus Rs 113.11 million in the year-ago quarter. On a consolidated basis, the half-yearly net loss stood at Rs 578.24 million with EPS of negative Rs 0.42. Two major legal overhangs remain unresolved: a Supreme Court-directed compensation of Rs 924.75 crores (against which Rs 415.79 crores plus GST has been deposited), and a contested arbitration award of Rs 718 crores, neither of which has been provided for in the books.
Continued widening of losses, nil reserves, and the unresolved Rs 924 crore Supreme Court compensation and Rs 718 crore arbitration award remain serious risks for shareholders and are likely to keep the stock under pressure.