Integrated filing Financial for quarter ended June 30 2025
Price
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Awaiting price reaction for this filing.
Patspin India reported Q1FY26 revenue from operations of Rs 1,119 lakhs, down about 18% from Rs 1,365 lakhs in the same quarter last year. The company posted a net loss of Rs 236 lakhs, almost identical to the Rs 237 lakh loss a year ago, with EPS of minus Rs 0.76. Other equity stands at a deeply negative Rs (11,587) lakhs, meaning shareholder funds are fully eroded and lender accounts have been classified as sub-standard since March 2021. The company is currently running only job-work operations that barely cover variable costs, but plans to restart its own cotton yarn manufacturing and has submitted a fresh debt restructuring proposal to lenders; a TEV study has confirmed the plan's viability. The auditor has flagged a material uncertainty about the company's ability to continue as a going concern.
Persistent losses, negative net worth and an explicit going-concern warning make this a high-risk stock; near-term price action will depend on whether lenders approve the new debt restructuring plan and whether the planned restart of own yarn manufacturing actually improves margins.