the Board has approved the unaudited financial results for the quarter ended 31st December 2025
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Gem Spinners India Ltd reported zero revenue from operations and zero other income for Q3 FY26 (quarter ended Dec 2025) as well as for the nine months ended Dec 2025, suggesting the company is not generating any business income. The company booked a net loss of Rs. 8.69 lakhs in Q3 and Rs. 32.20 lakhs for the nine-month period, driven entirely by overheads like employee costs (Rs. 8.27 lakhs for 9M), depreciation (Rs. 11.70 lakhs), and other expenses (Rs. 11.23 lakhs). Loss per share stood at Rs. 0.02 for the quarter and Rs. 0.05 for nine months on a paid-up equity capital of Rs. 3,068.60 lakhs. The statutory auditor (Vivekanandan Associates) issued an unqualified limited review report with no qualifications or emphasis of matter. One investor complaint was received and resolved during the quarter.
With zero operating revenue and continuing losses, the company appears to be non-operational, which is a serious concern for shareholders. The stock remains fundamentally weak with no visible income generation, though the per-share loss is small due to the large share capital base.