With reference to the above captioned subject and pursuant to the provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ('Listing Regulation'), we hereby ....

Harish Textile Engineers Limited's board, at its meeting on August 14, 2025, approved the standalone unaudited financial results for Q1 FY26 (quarter ended June 30, 2025). Revenue from operations rose modestly by about 3.3% year-on-year to Rs 3,176.24 lakhs (from Rs 3,076.22 lakhs). Net profit surged sharply from Rs 8.16 lakhs to Rs 116.18 lakhs, driven by lower finance costs and a stronger operating margin that expanded to 7.42% from 2.85% a year ago. However, the statutory auditor (K M Swadia & Co.) issued a qualified conclusion because interest payable to MSME vendors has not been quantified or provided for, and flagged a material uncertainty related to going concern — the company has negative net working capital of Rs 2,126.51 lakhs, current liabilities of Rs 6,384.67 lakhs versus current assets of Rs 4,258.16 lakhs, and ongoing debenture repayment defaults. The auditor also drew attention to ongoing legal disputes (PHIL NCLT petition, KTPL corporate guarantee challenge), irregular deposit of statutory dues (GST, TDS, Income Tax), and other contingent liabilities.