BSESouth Asian Enterprises LtdHighNeutral
Announced Mon, 9 Feb · 19:19 IST

Please find enclosed Unaudited Financial Statements for the quarter and nine months ended 31st December 2025.

Pat NegativeRevenue DeclineExceptional ItemResults View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

South Asian Enterprises posted Q3 FY26 revenue from operations of Rs 5.97 lakhs, down from Rs 6.89 lakhs in Q3 FY25, while total income fell to Rs 10.78 lakhs from Rs 17.64 lakhs. For the nine months ended December 2025, revenue was Rs 21.10 lakhs versus Rs 20.66 lakhs last year. The company reported a loss after tax of Rs 6.92 lakhs in Q3 FY26 and Rs 10.88 lakhs for the nine-month period, though both are sharply better than the prior year's Rs 317.13 lakhs and Rs 326.43 lakhs losses, which included a Rs 320.78 lakh exceptional provision for impairment of investments and doubtful loans. The depreciation line in the current period includes an impairment provision for assets at the company's Kanpur amusement park, whose possession was taken over by Kanpur Nagar Mahapalika after lease expiry and which were deemed unserviceable. The statutory auditor issued a clean limited review report with no adverse comments. Separately, Mr. Ramesh Chandra Pandey resigned as Company Secretary effective 6 February 2026, and Ms. Khushi Garg was appointed in his place effective 9 February 2026.

Likely market impact

The company remains in losses with a marginal single-digit revenue base and a discontinued entertainment segment after losing its Kanpur park lease, leaving the stock as a small, loss-making trading entity with limited operating momentum; shareholders should note ongoing negative earnings and the write-down of amusement park assets, though the absence of fresh exceptional charges in Q3 FY26 is a modest positive.