We hereby inform you that the Board of Director of the Company in its Meeting held today i.e. 29th April 2026 has considered and approved the audited financial results for the fourth quarter ....
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Modella Woollens Ltd reported total income of Rs 6.88 lakhs for FY2026, marginally up from Rs 6.67 lakhs in FY2025. However, the company continues to incur significant losses with net loss after tax of Rs 19.95 lakhs for FY2026 compared to Rs 17.22 lakhs in FY2025. The Q4 loss stood at Rs 4.44 lakhs. EPS for the year was Rs -2.18 per share. The balance sheet reveals a critical concern with negative shareholders' equity of Rs 53.28 lakhs (Other Equity at Rs -144.28 lakhs against share capital of Rs 91 lakhs). The statutory auditors Kochar & Associates issued an unmodified opinion on the results.
The company has negative net worth and is incurring continuous losses, raising serious going concern doubts. Shareholders face significant risk as the company's liabilities exceed assets. The stock is likely to remain under pressure given the deteriorating financial position.