Indus Fila Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
Awaiting price reaction for this filing.
Indus Fila Limited reported zero revenue from operations for FY26, same as FY25. Other income was Rs 16 lakhs vs Rs 5 lakhs in the previous year. Total expenses stood at Rs 255.27 lakhs (vs Rs 242.51 lakhs), primarily driven by finance costs of Rs 183 lakhs. The company reported a net loss of Rs 257.40 lakhs for FY26 compared to Rs 228.88 lakhs in FY25, with EPS of Rs -5.04. The auditor issued a QUALIFIED opinion citing multiple issues including misuse of a Rs 19 crore term loan, absence of an Audit Committee, incomplete asset records, and unresolved charges with ROC. The company has negative equity of Rs 1,327.61 lakhs and is currently suspended from listing following NCLT proceedings.
The stock is suspended from trading and the company shows severe financial distress with negative equity, ongoing losses, and multiple governance failures. Shareholders face extreme risk as the company struggles with regulatory compliance and operational viability.