Outcome of Board Meeting held on 17.01.2026 to consider and approve the Unaudited Financial Results for the quarter ended 31st December, 2025
Awaiting price reaction for this filing.
Oswal Yarns' Board, at its meeting on 17 January 2026, approved the unaudited standalone financial results for the quarter and nine months ended 31 December 2025. Revenue from operations for Q3 FY26 fell sharply to Rs 41.50 lacs from Rs 72.10 lacs in Q3 FY25, a drop of roughly 42%. For 9M FY26, total income declined to Rs 114.07 lacs from Rs 140.93 lacs in the same period last year, down about 19%. The company slipped back into a loss of Rs 3.49 lacs in Q3 FY26 against a small profit of Rs 0.76 lacs a year ago, while the 9M FY26 loss widened to Rs 8.15 lacs from Rs 6.93 lacs. Basic EPS stood at Rs (0.08) for the quarter. Statutory auditor Subash Vipan & Co issued an unqualified review report with no qualifications or matters of emphasis.
Sharp revenue decline and a return to quarterly losses after a marginal profit last year are negative signals for shareholders; reserves are also negative (Rs (91.81) lacs as of 31 March 2025), indicating accumulated losses that could weigh on stock sentiment despite the clean audit report.