Newspaper Advertisement of Unaudited Financial Results for the Quarter and Half year ended September 30, 2025.
Awaiting price reaction for this filing.
Fraser and Company Limited has published its unaudited financial results for Q2 FY26 and H1 FY26 (ended September 30, 2025) in the Financial Express newspaper. Total income from operations fell sharply to Rs. 0.04 million in Q2 FY26 versus Rs. 3.00 million in Q2 FY25, with H1 FY26 revenue at just Rs. 0.05 million compared to Rs. 3.01 million in H1 FY25. The company posted a net loss of Rs. 1.00 million in Q2 FY26 and Rs. 1.91 million for the half-year, though losses have narrowed versus the Rs. 9.07 million loss in H1 FY25. EPS stood at (Rs. 0.23) for H1 FY26. The results were approved by the Board on November 14, 2025. The company disclosed that a previously pending NCLT matter involving Rs. 82.63 million in receivables was resolved, with Rs. 40 million received in cash and the balance settled through allotment of four 2BHK residential flats in Bhandup. Management also flagged a going concern issue, citing accumulated losses and a negative net current asset position, but expressed optimism about revival based on debt reduction and project exits.
Revenue has nearly dried up year-on-year, but losses are narrowing and the settlement of old receivables into cash plus real estate assets may provide some balance sheet relief. Shareholders should note the going concern qualification and the company's heavy reliance on asset monetisation rather than operating income, which makes the stock high-risk.