The Board of Directors of the Company at their meeting held today, i.e. 13th February, 2026 have approved and taken on record Unaudited Financial Results of the Company for the quarter ....
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' board approved unaudited Q3 FY26 results on 13 February 2026. Revenue from operations fell sharply to Rs 10,430.84 lakhs from Rs 13,818.05 lakhs in Q3 FY25, a drop of about 24.5%. The company reported a net loss of Rs 622.60 lakhs for the quarter, narrower than the Rs 1,946.83 lakhs loss a year ago. The Sugar segment continued to bleed with a loss of Rs 1,152.66 lakhs, while the Spirits segment remained profitable at Rs 1,218.65 lakhs. The auditor (Chandabhoy & Jassoobhoy) issued a qualified conclusion because the company has not recognised any additional gratuity liability under the Code on Social Security, 2020. Management stated the results are prepared on a going concern basis despite complete erosion of net worth, citing expected improvement in sugarcane MSP, power rates, and monetisation of non-operating assets.
Short-term: Revenue decline and continued segment-level losses raise concerns, though quarterly net loss has narrowed. Long-term: Full erosion of net worth and a qualified audit opinion are red flags; recovery hinges on government policy support and successful asset monetisation.