The board of directors in their meeting held today, have approved Unaudited Financial Results for the quarter ended on June 30, 2025.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Kush Industries (formerly SNS Textiles) reported unaudited results for Q1 FY26 with revenue from operations of just ₹0.24 lakh, unchanged from the year-ago quarter. Total income stood at ₹1.24 lakh versus ₹1.84 lakh in Q1 FY25, while total expenses rose to ₹3.58 lakh, resulting in a net loss of ₹2.34 lakh (vs. ₹1.39 lakh loss in Q1 FY25). Total comprehensive loss widened sharply to ₹6.26 lakh. The company's reserves excluding revaluation reserves stand at a deeply negative ₹2,209.41 lakh against an equity share capital of ₹1,484.68 lakh, implying negative net worth. The board also fixed the 33rd AGM for 30 September 2025 and approved the appointment of new statutory auditors (M/s. P S S P & Co.) and a new secretarial auditor, subject to shareholder approval.
The results indicate continued losses and a virtually negligible revenue base, combined with accumulated losses exceeding share capital — a serious financial weakness for shareholders. The auditor change at AGM is procedural but the underlying business health remains weak, making this a high-risk, low-activity stock.