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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Kallam Textiles reported a net loss of Rs. 1,978.58 lakhs for Q3 FY26 and Rs. 5,703.53 lakhs for the nine-month period, widening from a Rs. 3,853.60 lakh loss in the prior year period. Revenue from operations rose marginally to Rs. 7,117.48 lakhs in Q3 (vs Rs. 6,337.72 lakh) and Rs. 19,348.29 lakhs for 9M, with finance costs of Rs. 3,288.20 lakhs weighing heavily on the bottom line. The statutory auditor flagged a material uncertainty on going concern, citing continuous losses, defaults on bank loans classified as NPA, SARFESI possession notices, pending DRT proceedings, and an NCLT admission filed by Union Bank of India under Section 7 of the IBC (listed Feb 11, 2026). Total outstanding bank dues stand at Rs. 37,546.41 lakhs. The Board also approved the sale of equity investments in two private companies.
This is a serious red flag for shareholders — the company is loss-making with mounting debt, reserves fully eroded, and insolvency proceedings now initiated by a lender. The going-concern qualification from the auditor signals material risk to the stock price and potential equity dilution or restructuring ahead.