BSESuryachakra Power Corporation LtdMediumNeutral
Announced Mon, 25 May · 18:32 IST

Results for The Financials Quarter 31/09/2025

Going ConcernPat NegativeResults View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Suryachakra Power Corporation Limited reported zero revenue for Q3 ended December 2025 (Rs. 0 lakhs), same as the preceding quarter. The company posted a net loss of Rs. 2.20 lakhs, compared to a loss of Rs. 0.38 lakhs in Q2. Year-to-date loss stands at Rs. 6.41 lakhs. The company explicitly stated it has not commenced any business operations yet and is awaiting full takeover by the acquirer Indo Aquatics Limited (assigned to Reddy Investments Private Limited). The statutory auditor issued a modified conclusion citing ongoing liquidation proceedings initiated by NCLT in September 2022 and the pending change in capital structure as the sale process is still incomplete.

Likely market impact

The stock remains in liquidation with no operational revenue, making it a high-risk investment. The ongoing corporate insolvency proceedings and zero business activity suggest the company is not generating returns, and shareholders should monitor the acquirer's restructuring plans closely.