Unaudited Standalone Financial Result of the Company for the quarter ended June 30, 2025
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Prashant India Ltd reported a net loss of ₹6.81 lakhs for Q1 FY26, narrower than the ₹10.87 lakh loss in Q1 FY25. Total income from operations rose to ₹7.00 lakhs from ₹5.32 lakhs YoY (about 32% growth), but the absolute numbers remain very small. The company continues to post losses, with reserves deeply negative at ₹(3,751.62) lakhs and short-term borrowings at ₹3,460.59 lakhs against total assets of just ₹257.98 lakhs. Segment-wise, the textile segment turned slightly profitable at ₹1.29 lakhs while the wind farm segment posted a loss of ₹1.56 lakhs. The auditor issued an unqualified limited review report, but notes reveal that no interest has been provided on borrowings from strategic investors since FY01.
This is a deeply concerning picture for shareholders: the company has negative net worth of ₹(3,328) lakhs and borrowings that are over 13 times its total assets, signalling serious going-concern risks. Despite a modest narrowing of quarterly losses, the stock is effectively a penny company with negligible operations and persistent structural weaknesses.