Flexituff Ventures International Limited has informed the Exchange regarding 'Resubmission of Unaudited Standalone and Consolidated Financials for the quarter ended 31st December, 2025 in Machine Readable Format'.
FLEXITUFF · price
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Flexituff Ventures International Limited has resubmitted its unaudited standalone and consolidated financial results for the quarter ended 31 December 2025. Revenue from operations collapsed to virtually zero (standalone) in Q3 FY26, compared with Rs 6,298.20 lakhs in the same quarter last year. The company reported a net loss of Rs 6,575.35 lakhs (standalone) and Rs 6,581.37 lakhs (consolidated) for the nine-month period. The auditor issued a disclaimer of conclusion, stating it could not access the server and financial records at the Kashipur manufacturing plant, where operations were disrupted by a labour strike over unpaid wages and a shortage of raw materials. Management itself has acknowledged 'significant doubt' on the company's ability to continue as a going concern, citing net current liabilities of Rs 18,364.68 lakhs and over-utilisation of bank cash credit and working capital facilities by Rs 8,179.26 lakhs. The results also include a prior-year exceptional gain of Rs 37,760.23 lakhs from the sale of the FIBC business to a related party (FTIL).
This is a high-risk filing for shareholders. The auditor could not verify the numbers, the company is loss-making with effectively no revenue, and management itself doubts its ability to keep operating. Expect significant downside risk to the share price and a real possibility of insolvency, debt restructuring, or regulatory action if the operational and financial issues are not resolved soon.