Pursuant to regulation 33 of SEBI (LODR) Regulations 2015 please find attached unaudited financial results of the company for the quarter ended on 30.06.2025.
Awaiting price reaction for this filing.
Ashoka Refineries Limited reported very weak Q1 FY26 results with total income of just Rs 0.27 lakhs against Rs 45.28 lakhs in Q1 FY25, indicating a near-total collapse in revenue. Total expenses were Rs 3.71 lakhs, resulting in a net loss of Rs (3.71) lakhs versus a profit of Rs 1.73 lakhs in the same quarter last year. Loss per share stood at Rs (0.11) compared to EPS of Rs 0.05 in Q1 FY25. The auditor (Batra Deepak & Associates) issued an unqualified limited review report with no qualifications or emphasis of matter. The Board also approved the appointment of M/s G Soni & Associates as Secretarial Auditor for five years (FY26–FY30) and M/s Suraj Rajput & Co. as Internal Auditor for FY26.
Shareholders should note the sharp revenue decline and swing back into losses — the company has now posted losses in FY24 and FY25 as well, raising concerns about business continuity. However, the small size of numbers means absolute financial impact is limited, but the trend is clearly negative.