Submission of Un-audited Consolidated and Standalone financial Result for the quarter ended on 30th Sept 2025
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Awaiting price reaction for this filing.
Prag Bosimi Synthetics has reported a consolidated loss of ₹286.87 lakhs for Q2 FY26 (ended Sept 2025), slightly wider than the ₹269.26 lakhs loss in Q1 FY26 and the ₹262.91 lakhs loss in Q2 FY25. Revenue from operations is essentially nil at just ₹0.24 lakhs, with total income of around ₹31.88 lakhs entirely from other income. For H1 FY26, the consolidated loss was ₹556 lakhs and operating cash outflow was ₹121 lakhs. The company's standalone net worth has turned deeply negative at ₹(1,208) lakhs as on 30 Sept 2025, with other equity at ₹(10,192) lakhs, indicating accumulated losses have wiped out shareholder funds.
This is a deeply negative result for shareholders — operations are effectively dormant, the company is loss-making every quarter, and net worth is negative, meaning liabilities exceed assets. The stock is likely to remain under pressure. The only near-term catalyst is the release of a pending ₹5.90 Cr subsidy from ADC and reconnection of power to restart the suspended textile plant, but until that happens there is no real business to value.