Approval of Unaudited results
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Deccan Polypacks' board approved unaudited results for Q2 and half-year ended September 30, 2025. The company reported zero operating income, down from ₹111.97 lakhs in the prior period, and posted a loss after tax of ₹31.59 lakhs versus a profit of ₹90.52 lakhs earlier. Net worth has turned deeply negative at ₹(1,359.94) lakhs, with long-term borrowings surging dramatically to ₹1,363.87 lakhs from just ₹8 lakhs. Cash and equivalents dropped to ₹1.99 lakhs from ₹11 lakhs. The auditor's limited review report includes an 'Emphasis of Matter' explicitly stating the financial results were NOT prepared on a going concern basis, raising serious doubts about the company's ability to continue operations. There is also uncertainty around balance confirmations that could not be quantified.
Major red flag for shareholders — the company has negative net worth, zero operating revenue, accumulated losses exceeding ₹1,571 lakhs, and the auditor has flagged going concern uncertainty. Expect sharp negative sentiment on the stock and serious questions about the company's solvency and continuity.