Declaration of the result December 2025
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Awaiting price reaction for this filing.
Cressanda Railway Solutions Ltd reported its unaudited financial results for Q3 FY26 (quarter ended Dec 31, 2025) along with nine-month figures, on both standalone and consolidated basis. Revenue from operations for the quarter stood at around Rs 86.36 lacs (consolidated), sharply down from Rs 471.55 lacs in the year-ago quarter. The company posted a consolidated net loss of Rs 443.90 lacs for Q3 FY26, significantly wider than the Rs 90.42 lacs loss reported for the prior nine-month period. The statutory auditor issued a qualified review report flagging five major concerns: lack of documentation for loans and advances of Rs 7,838.84 lacs, ongoing SEBI investigations whose impact is unknown, unconfirmed trade payables/receivables, and outstanding TDS/TCS dues of Rs 16.73 lacs. During the quarter, the company also divested 2% of its stake in a subsidiary.
Negative for shareholders — the auditor's qualified report, ongoing SEBI probe, unexplained large loans, and widening quarterly losses raise serious red flags about financial transparency and business health, likely to weigh on investor confidence.