Approval of Financial results for Q.E.31.12.2025
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Awaiting price reaction for this filing.
Deccan Polypacks Limited reported its Q3 FY2025-26 results showing it is now entirely in discontinued operations with nil revenue from operations. For the nine months ended December 2025, the company posted a net loss of Rs. 33.75 lakhs versus a profit of Rs. 90.52 lakhs in the same period last year, with EPS of negative Rs. 1.60. The balance sheet has turned deeply negative with total equity at minus Rs. 1,362 lakhs (down from positive Rs. 5.52 lakhs in March 2025), while long-term borrowings surged from Rs. 8 lakhs to Rs. 1,365.87 lakhs after a reclassification. The statutory auditor flagged an Emphasis of Matter stating the results were not prepared on a going concern basis and noted absence of balance confirmations. Operating cash flow was negative at Rs. 21.44 lakhs. Additionally, Mr. Venkata Prudvi Raju Datla resigned as Whole-Time Director but continues as a Director.
This is a deeply concerning filing for shareholders — the company is effectively a shell in discontinued operations, equity has been wiped out, and the auditor has explicitly flagged going concern doubts, suggesting serious solvency and continuity risk for the stock.