BM HELD ON 13.2.2025 TO APPROVE UNAUDITED FIANANCIAL RESULTS FOR THE QUARTER ENDED ON 31.12.2025
Awaiting price reaction for this filing.
Andhra Pradesh Tanneries Limited reported its unaudited results for the quarter and nine months ended December 31, 2025. The company had zero revenue from operations across all reported periods, with only Rs. 1 lakh in other income for Q3 FY26 (down from Rs. 5.52 lakh in Q3 FY25). It posted a net loss of Rs. 5.37 lakh in Q3 FY26 and Rs. 9.66 lakh for the nine-month period. Cumulative reserves remain deeply negative at Rs. (1,515.33) lakhs against share capital of Rs. 220.84 lakhs. A critical note states that 'Company's Plant is not in operation,' indicating the core business is currently shut. The statutory auditors issued an unmodified limited review report.
The plant shutdown and continued losses with negative reserves raise serious going-concern concerns for shareholders. With no operational revenue and accumulated losses nearly 7x the share capital, the stock faces significant fundamental weakness and elevated insolvency risk.