Financial results in accordance with Schedule III format of Companies Act 2013.
Awaiting price reaction for this filing.
SIP Industries reported zero revenue from operations for Q1 FY26 (ended June 30, 2025), as commercial business is yet to commence under the new management. The company posted a net loss of Rs. 5.50 lakhs in the quarter, slightly wider than the Rs. 4.51 lakhs loss in the same quarter last year, on expenses of Rs. 5.50 lakhs (mostly employee costs and other expenses). Full-year FY25 (audited) showed a loss of Rs. 29.11 lakhs. The company, which came under new management through the IBC/CIRP process (NCLT order dated April 25, 2022), has accumulated losses of Rs. 534.54 lakhs that have fully eroded its net worth, making it negative. Listing on BSE remains suspended, with multiple applications (revocation, in-principal approval, penalty waiver, listing fees waiver) pending review.
This is a deeply distressed micro-cap shell with no revenue, negative net worth, suspended trading, and pending regulatory clearances — highly speculative with significant risk for retail investors. Stock remains suspended from trading on BSE, so there is no liquidity until listing is revoked and operations actually begin.