Integrated Filing (Finance)
Awaiting price reaction for this filing.
Quasar India Ltd reported near-zero revenue for Q2 FY26 with NIL income from operations, compared to Rs 1,156.94 lacs in Q2 FY25. For the half-year (H1 FY26), total income collapsed to Rs 17.00 lacs from Rs 2,281.06 lacs in H1 FY25 — a drop of over 99%. The company slipped into a loss of Rs 16.10 lacs for H1 FY26, against a profit of Rs 206.01 lacs in the same period last year. Total expenses for H1 FY26 stood at Rs 33.10 lacs, mostly employee costs and other overheads. The balance sheet remains largely intact with total equity of Rs 5,632.23 lacs and inventories of Rs 2,291.39 lacs. Operating cash flow was marginally positive at Rs 1.49 lacs. No dividend was recommended. The auditor (J. Singh & Associates) issued an unqualified limited review report.
The near-total revenue collapse in the agriculture trading segment is a serious red flag — shareholders should note the sharp swing from profit to loss and the absence of meaningful business activity in Q2. Stock may remain under pressure unless the company clarifies a recovery path.