Pursuant to Regulation 30(6) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform you that the Board of Directors in their Meeting held today i.e. ....
Awaiting price reaction for this filing.
Quasar India Ltd's Board approved its Q1 FY26 standalone unaudited financial results on August 13, 2025. Revenue from operations collapsed to just Rs. 17.00 lakhs, down sharply from Rs. 1,124.12 lakhs in the same quarter last year — a drop of roughly 98.5%. Total expenses stood at Rs. 29.33 lakhs, leading to a loss before tax of Rs. 12.33 lakhs, compared to a profit of Rs. 103.72 lakhs in Q1 FY25. The company reported a net loss of Rs. 12.33 lakhs (vs. a profit of Rs. 76.75 lakhs in Q1 FY25), translating to a basic EPS of Rs. -0.02. The company operates in a single segment (Trading). The statutory auditor J. Singh & Associates issued a clean limited review report with no qualifications.
This is a significantly negative result — revenues have nearly dried up and the company has swung from profit to loss, which could weigh on the stock price and raise concerns about the sustainability of operations. Shareholders should watch for management commentary on why revenues collapsed so sharply and whether this is a one-quarter anomaly or part of a deeper trend.