Financial results for period ended 31st December, 2025 enclosed along with Limited review report.
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Awaiting price reaction for this filing.
Olympic Oil Industries has reported another quarter of losses with essentially no operating revenue. Net sales/income from operations stood at zero across all reported periods. The only income came from 'other income' of Rs 0.54 lakh in Q3 FY26 vs Rs 1.33 lakh in Q3 FY25. Total expenses for Q3 FY26 were Rs 2.99 lakh, widening to Rs 16.44 lakh for nine months FY26 (vs Rs 18.07 lakh in 9M FY25). The company posted a loss of Rs 2.99 lakh for Q3 FY26 and Rs 16.44 lakh for 9M FY26, marginally better than the prior year. Basic and diluted EPS stood at (Rs 0.10) for Q3 and (Rs 0.58) for nine months. Statutory auditor M/s Bhatter & Associates issued an unmodified limited review report.
Continued losses with no operating revenue suggest the company is not running an active business, though the auditor raised no concerns. Shareholders should be cautious — persistent losses and absence of core business activity may weigh on sentiment and raise sustainability questions.