ENCLOSED HEREWITH INTEGRATED FILING FOR QUARTER ENDED 30/06/2025
Awaiting price reaction for this filing.
Nutricircle Ltd (formerly Shreeyash Industries) reported Q1 FY26 revenue of ₹219.17 lakhs, down from ₹270.48 lakhs in Q1 FY25 — a decline of roughly 19%. Despite the revenue drop, the company swung back to a profit of ₹3.14 lakhs compared to a loss of ₹37.46 lakhs in the same quarter last year, mainly because total expenses fell sharply from ₹374.5 lakhs to ₹216 lakhs. EPS stood at ₹0.03 versus a negative ₹13.78 a year ago. The company carries zero debt and has no loan defaults, but its reserves remain in negative territory at (₹420.19 lakhs). The statutory auditor (NSVR & Associates LLP) issued an unqualified review report with no qualifications.
Mixed signals for shareholders: the company has returned to profit and remains debt-free, but shrinking top line and persistently negative reserves are concerns. Investors should watch whether revenue stabilises in coming quarters and whether the turnaround in profits is sustainable.