Financial results for the First Quarter ended 30.06.2025
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Awaiting price reaction for this filing.
Deccan Polypacks reported zero revenue from operations in Q1 FY26, against ₹2.14 lakhs in the same quarter last year. Total expenses jumped sharply to ₹29.08 lakhs (vs ₹0.72 lakhs in Q1 FY25), driven mainly by 'Other Expenses' of ₹28.62 lakhs and a small employee cost. The company slipped into a net loss of ₹29.08 lakhs (EPS of -₹1.37), compared to a marginal loss of ₹0.72 lakhs in Q1 FY25. For context, the full year FY25 had closed with a profit of ₹90.52 lakhs. The auditor (GMK Associates) issued an unmodified limited review opinion but flagged an Emphasis of Matter noting that the results were NOT prepared on a going concern basis, and that certain balance confirmations are pending.
This is a deeply negative update for shareholders — revenue has dried up completely, losses have widened dramatically, and the auditor's going-concern flag suggests serious doubts about the company's ability to continue operations. Expect negative sentiment and likely stock price pressure.