FINANCIAL RESULTS FOR THE QUARTER AND YEAR ENDED ON 31/03/2026 PURSUANT TO REGULATION 33 OF THE SEBI LISTING REGULATIONS 2015.
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Ashoka Refineries Limited reported a net loss of Rs 15.50 lakhs for FY26, slightly improved from Rs 16.68 lakhs loss in FY25. The company continues to operate at a loss with negative other equity of Rs 95.14 lakhs indicating accumulated losses. Cash and cash equivalents declined significantly from Rs 29.59 lakhs to Rs 12.39 lakhs. Operating cash flow turned negative at Rs 17.18 lakhs compared to positive Rs 25.72 lakhs in the previous year. The statutory auditor issued an unmodified (clean) opinion on the financial results.
The company remains loss-making with deteriorating cash position and negative equity, indicating significant financial stress. Shareholders should exercise caution as the company may face going concern risks.