Financial Result for Quarter and Half Year ended 30 September 2025
Awaiting price reaction for this filing.
Fraser and Company Limited reported its unaudited results for Q2 and H1 FY26 (ended 30 September 2025), showing near-zero revenue with net sales at nil for the quarter (versus ₹2.19 million in Q2 FY25). Total income fell sharply to ₹0.04 million in Q2 FY26 from ₹3.00 million a year ago. The company posted a net loss of ₹1.00 million in Q2 and ₹1.91 million for the half year, while other equity is negative at ₹(29.45) million and full-year FY25 loss was ₹15.77 million. The auditor issued a qualified review report flagging material uncertainty about the company's ability to continue as a going concern — citing accumulated losses, no sales turnover, no orders in hand, and pending litigations. Separately, the board appointed Ms. Rekha Naraniwal Rani as an Additional Independent Director. The company also resolved an NCLT matter relating to ₹82.63 million of old receivables, recovering ₹40 million in cash and receiving four flats in lieu of the remaining ₹40 million.
The company is in deep financial distress with no revenue, mounting losses, and an explicit going-concern warning from auditors — a serious red flag for shareholders. Stock is already suspended on the Calcutta Stock Exchange, and with negative net worth and ongoing creditor lawsuits, the stock price could remain under pressure until management successfully executes its revival plan.