The Board inter alia, approved Un-Audited Standalone and Consolidated Financial Results for the Quarter Ended December 31, 2025 and Noted Strike off application to be filed for Associate ....
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The Board approved unaudited standalone and consolidated financial results for Q3 FY26 (quarter ended December 31, 2025). On a standalone basis, total revenue fell to Rs. 3.73 lakhs from Rs. 5.19 lakhs a year ago, while the company swung to a loss before tax of Rs. 2.997 lakhs versus Rs. 1.997 lakhs last year; for nine months, it posted a loss of Rs. 8.19 lakhs against a profit of Rs. 9.06 lakhs in the prior period. Consolidated results also turned negative with a nine-month loss of Rs. 13.21 lakhs versus a profit of Rs. 1.29 lakhs earlier. The Board also noted strike-off applications filed by two associate companies (Ladam Foods Pvt Ltd and Lacon India Ltd) under Section 248(2) of the Companies Act, acknowledging this could impact the company's net worth. The auditor (D P Sarda & Co) issued an unmodified limited review report.
Negative for shareholders – both top-line and bottom-line deteriorated sharply year-on-year, and the pending strike-off of associate companies adds uncertainty around the company's net worth and future financials.