The Board of Directors of the Company at their meeting held on 25.11.2025 have approved and taken on record the Unaudited Financial Results for the quarter ended on 30.09.2025.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Kesar Enterprises reported weak Q2 FY26 results with revenue from operations falling sharply to Rs 1,365.78 lakhs from Rs 3,751.71 lakhs in the same quarter last year — a drop of roughly 64%. For the half-year (H1 FY26), revenue declined to Rs 3,387.21 lakhs versus Rs 10,700.50 lakhs in H1 FY25. The company continued to post losses, with a net loss of Rs 1,946.83 lakhs for the quarter and Rs 3,484.59 lakhs for the half-year, though the loss is slightly narrower than the year-ago period. Management attributes the poor performance to high sugarcane prices and unviable sugar realisations. The company's net worth has been completely eroded, and the statutory auditor (Chandabhoy & Jassoobhoy) has drawn specific attention to this as an emphasis-of-matter, noting that results have been prepared on a going-concern basis relying on expected government policy support and monetisation of non-operating assets.
Shareholders should note that the company is loss-making with fully eroded net worth, making this a high-risk stock. Revenue collapse and continued losses suggest no near-term recovery is visible; any improvement depends on government policy action and asset sales. The stock price is likely to remain under pressure until the company demonstrates a turnaround in sugar realisations.