Please find attached the Un-audited financial results for the Qtr ended Dec 2025
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Awaiting price reaction for this filing.
Prag Bosimi Synthetics reported another loss-making quarter with standalone revenue from operations of just Rs 11.69 lakhs and a net loss of Rs 168.01 lakhs for Q3 FY26, slightly improved from the Rs 286.84 lakh loss in Q2 FY26. For the nine months ended Dec 2025, the standalone loss stood at Rs 724.11 lakhs versus Rs 750.47 lakhs in the same period last year. The company's standalone net worth is deeply negative at Rs (1,375.77) lakhs, meaning liabilities exceed assets. Crucially, production remains completely suspended due to a power disconnection by APDCL, and the company is awaiting restoration of power plus release of a Rs 5.90 crore subsidy from joint sector partner AIDC before it can restart operations. An ongoing execution case filed by 3A Capital in NCLT Guwahati for Rs 5.79 crore remains a pending legal overhang. Operating margin for the quarter was an alarming -579%.
Highly negative for shareholders — the company's net worth is wiped out, losses continue quarter after quarter, and there is no revenue-generating activity until power supply is restored and subsidies are released. Stock is likely to remain under pressure and continues to carry serious going-concern risk.