Financial result for the Quarter ended June 30, 2025
Awaiting price reaction for this filing.
Crysdale Industries reported zero revenue from operations for Q1 FY26, same as Q1 FY25, continuing a sharp downturn from Rs. 4.30 lakhs earned in FY25 full year. Total income for the quarter stood at nil against total expenses of Rs. 3.40 lakhs (standalone), mostly employee costs. The company posted a standalone net loss of Rs. 3.40 lakhs (EPS of Rs. -0.21) versus a Rs. 2.81 lakh loss in Q1 FY25. On a consolidated basis, including subsidiary Wergreen Industries, the loss was Rs. 3.42 lakhs. Notably, reserves have been completely wiped out, falling from Rs. 246 lakhs as of March 2025 to nil by June 2025, raising serious concerns about financial sustainability. The auditor (JMMK & Co.) issued an unqualified limited review report with no qualifications or emphasis of matter.
With zero revenue, recurring quarterly losses, and fully eroded reserves, the company is essentially burning through its equity base. Shareholders face continued value erosion and this is a red flag for long-term viability, though the stock remains very small and illiquid. The absence of any auditor qualification provides some procedural comfort but does not change the weak operational picture.