The outcome of the meeting is as follows: 1) The Board considered and approved the Un-Audited Financial Results for the quarter ended 31st December 2025. 2) The Board noted that the manufacturing ....
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Awaiting price reaction for this filing.
Chrome Silicon Limited reported a loss of Rs 213.06 lacs for Q3 FY26 (vs loss of Rs 243.59 lacs in Q3 FY25), with sales crashing to just Rs 54.49 lacs from Rs 2,246.33 lacs year-on-year due to suspended manufacturing since May 2025. For the nine months ended December 2025, total income fell to Rs 1,012.30 lacs (vs Rs 7,117.68 lacs) and the company posted a loss of Rs 727.64 lacs. The auditors issued a qualified report, flagging material uncertainty related to going concern given the discontinued operations, continuous losses, and stressed balance sheet (total liabilities of Rs 22,765 lacs against net worth of just Rs 1,775 lacs). The Board has formed a committee of directors to evaluate the feasibility of restarting manufacturing operations.
This is a deeply concerning filing — operations have been halted for over 9 months, losses persist, cash burn is heavy, and the auditor has qualified the results citing going-concern uncertainty. Shareholders should brace for continued operational and financial stress; small-cap, illiquid stock with high risk of further value erosion.