Submission of un-audited financial results for the quarter ended 30th September, 2025
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
CDG Petchem Ltd submitted its Q2 FY26 (ended 30 September 2025) un-audited financial results, posting revenue from operations of ₹22.21 lakhs (down sharply from ₹109.56 lakhs in Q2 FY25) and a net profit of ₹13.82 lakhs helped by ₹16.19 lakhs in interest income from fixed deposits. For the half-year, the company reported a loss after tax of ₹38.36 lakhs against a loss of ₹75.67 lakhs in H1 FY25. The board meeting also saw a major shake-up: three independent directors, two non-executive non-independent directors, the CFO, and the internal auditor all resigned, while new directors (including a whole-time director), a new CFO (Mr. Parveen Kumar), and a new internal auditor (M/s HRB & Associates) were appointed. This is a very small-cap company with operational revenues running at just a few lakhs per quarter.
The simultaneous exit of three independent directors, the CFO, and the internal auditor — paired with a clutch of new appointments — is a significant governance red flag that retail investors should monitor closely. Combined with shrinking year-on-year revenue and persistent losses, the stock carries elevated risk despite the small one-off quarterly profit driven mainly by FDR interest rather than core operations.