Outcome of Board Meeting - Approval of Un Audited Financial Results for the quarter ended June 30,2025.
Awaiting price reaction for this filing.
Indus Fila's board approved standalone unaudited financial results for Q1 FY26 on July 29, 2025. The company reported a net loss of approximately Rs. 83.12 lakhs for the quarter ended June 30, 2025, compared to a loss of Rs. 41.76 lakhs in the same quarter last year — effectively a doubling of losses year-on-year. Revenue from operations stood at Rs. 46.87 lakhs (vs. Rs. 1.45 lakhs in Q1 FY25). The full-year FY25 (audited) loss was Rs. 228.88 lakhs. The auditor (Tolwani & Associates) issued an unmodified review report with no qualifications or emphasis-of-matter paragraphs. The company also separately clarified that it had to file the outcome under 'Outcome without Intimation' due to a portal access issue on BSE.
Negative for shareholders — losses have widened sharply versus the year-ago quarter, and the stock could face selling pressure given the weak operating performance, though revenue appears to have picked up modestly.