Newspaper publication of unaudited financial result for the Quarter and Nine months ended 31st December, 2025
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Awaiting price reaction for this filing.
Meyer Apparel Limited has published its unaudited financial results for Q3 FY26 (quarter ended Dec 31, 2025) and the nine-month period in Financial Express (English) and Jansatta (Hindi) on 18 January 2026, as required under SEBI listing rules. Revenue from operations for the quarter was Rs 0.72 lakhs (vs Rs 0.05 lakhs in Q2 FY26) and Rs 8.78 lakhs for the nine months, sharply lower than Rs 120.25 lakhs in the same nine-month period last year. The company posted a loss before tax of Rs 16.68 lakhs for the quarter and Rs 54.58 lakhs for the nine months, with EPS of negative Rs 0.02 and Rs 0.10 respectively. The board noted accumulated losses of Rs 6,272.19 lakhs and a negative networth of Rs 3,332.52 lakhs as on Dec 31, 2025, and flagged that the company's ability to continue as a going concern depends on generating funds from its business.
Shareholders should note the severe deterioration in business — revenues have collapsed to nearly negligible levels, losses continue to mount, and the company explicitly carries a negative networth with a going-concern qualification. This is a red flag for the stock and suggests heightened financial distress risk for minority investors.