With regards to captioned subject, the board of directors of the of the company at its meeting held on 17th July,2025 has considered and approved unaudited financial result for the quarter ....
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Pratiksha Chemicals reported a sharp drop in revenue for Q1 FY26 at ₹116.86 lakhs, down from ₹605.90 lakhs in the same quarter last year — an ~80% year-on-year decline. The company posted a net loss of ₹211.16 lakhs for the quarter, narrower than the ₹766.47 lakh loss in Q1 FY25 but still deeply negative. Loss per share stood at ₹(3.79) versus ₹(13.76) a year ago. The auditor (Chandabhoy & Jassoobhoy) issued a qualified review report, flagging that gratuity and leave encashment are accounted on a cash basis (not as required by Ind AS 1 and Ind AS 19) and that Ind AS 2 inventory valuation norms are not being followed, with the financial impact not quantifiable. No outstanding loans or debt defaults were reported.
The drastic revenue fall and continued losses signal serious operational stress for shareholders, and the qualified auditor opinion over accounting practices adds governance concerns that could weigh on investor confidence and the stock.