This is to inform you that the Board of Directors of the Company, at its meeting held today i.e., on Thursday, August 07, 2025 which commenced at 04:00 P.M. and concluded at 05:15 P.M. ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Osiajee Texfab's board, meeting on August 7, 2025, approved the unaudited standalone and consolidated financial results for Q1 FY26 (quarter ended June 30, 2025). On a standalone basis, the company reported zero revenue from operations and only Rs. 3.00 lakh as net profit (largely from other income), compared to Rs. 79.85 lakh in revenue and Rs. 39.62 lakh profit in the preceding quarter. For the full FY25 (consolidated), revenue stood at Rs. 709.10 lakh and PAT at Rs. 500.44 lakh. The consolidated results include wholly-owned subsidiary Osiajee Agro Farms Limited, which had total assets of Rs. 16.50 crore, Q1 revenue of Rs. 83.03 lakh, and net profit of Rs. 36.62 lakh, but reported negative cash flows of Rs. (1.64 crore) for the quarter. The statutory auditor (S.C. Mehra & Associates LLP) issued an unmodified limited review report with no qualifications. The company confirmed no funds were raised via public, rights, or preferential issues during the half-year ended March 31, 2025.
The collapse of standalone operating revenue to zero is a red flag and suggests the textile business is essentially inactive, with profitability now depending entirely on other income and the agro subsidiary. Shareholders should monitor the sustainability of earnings and the subsidiary's negative cash flows, even though the auditor raised no concerns.