In furtherance to the intimation dated 09.02.2026 and pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('SEBI LODR Regulations'), we would ....
Awaiting price reaction for this filing.
The Board of Ashoka Refineries Ltd approved the standalone unaudited financial results for the quarter and nine months ended December 31, 2025, along with the auditor's limited review report. Revenue from operations for Q3 FY26 was Rs 2.79 lakhs, while the company posted a net loss of Rs 3.99 lakhs for the quarter (EPS: -Rs 0.12). For the nine-month period, revenue was Rs 2.79 lakhs against Rs 31.34 lakhs in the same period last year — a sharp drop of roughly 91%. The nine-month net loss stood at Rs 11.37 lakhs compared to Rs 11.56 lakhs a year ago. The statutory auditor (Batra Deepak & Associates) issued an unmodified (clean) review opinion, with no qualifications or adverse remarks. The Board meeting ran from 5:05 p.m. to 5:30 p.m. on February 13, 2026.
Persistent losses combined with a steep revenue collapse signal operational stress for this small-cap company; shareholders should note weakening business activity, though the clean auditor opinion removes any immediate accounting red flag.