FINANCIAL RESULT FOR THE QUARTER ENDED 31ST MARCH, 2026
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Dhatre Udyog Ltd reported a standalone net loss of Rs 182.09 lakhs for FY 2025-26, a sharp reversal from a profit of Rs 169.77 lakhs in the previous year. Revenue from operations dropped significantly to Rs 1,775.18 lakhs from Rs 4,141.47 lakhs, representing a decline of about 57%. The company's manufacturing operations have been completely shut down due to ageing plant and outdated machinery, with plant and machinery sold as scrap and factory land disposed of separately. The auditors issued a qualified opinion due to unconfirmed balances under trade receivables, advances, and trade payables. Additionally, a material uncertainty exists regarding the company's ability to continue as a going concern as it explores real estate development at its Jamshedpur land. The Company Secretary also tendered resignation effective 30th May 2026.
The company is undergoing a complete business transition after shutting down manufacturing, posting significant losses and facing going concern doubts. Shareholders should be cautious as the company's future operations remain uncertain and dependent on successful real estate ventures.