Outcome of the meeting of the Board of Directors of Crysdale Industries Limited (''the Company'') in accordance with Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) ....
Awaiting price reaction for this filing.
Crysdale Industries Ltd (formerly Relson India Ltd) reported audited financial results for FY ended March 31, 2026. The company posted a standalone net loss of Rs. 22.96 Lakhs, worsening from Rs. 19.09 Lakhs loss in the previous year. Revenue from operations declined sharply to Rs. 1.64 Lakhs from Rs. 4.30 Lakhs in FY2025. Operating cash flow turned deeply negative at Rs. 54.68 Lakhs outflow. Long-term borrowings increased significantly to Rs. 81.61 Lakhs from Rs. 0.06 Lakhs previously. The statutory auditors issued unmodified opinions on both standalone and consolidated financial results. The company operates in a single segment with one subsidiary WerGreen Industries Private Limited.
The company is experiencing severe financial stress with mounting losses, near-zero revenue, and negative operating cash flows. Shareholders should be cautious as the stock reflects a loss-making company with minimal operations.