OUTCOME OF THE BOARD MEETING DATED 07TH FEBRUARY 2026 ALONG WITH UNAUDITED FINANCIAL RESULT FOR THE QUARTER ENDED 31ST DECEMBER 2025
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Salora International Ltd posted a Q3 FY26 loss after tax of Rs. 33.21 lacs, an improvement from the Rs. 120.90 lacs loss in Q2 FY26. However, on a nine-month basis, losses widened sharply to Rs. 132.61 lacs versus Rs. 49.34 lacs in 9M FY25. Revenue from operations for the quarter came in at Rs. 4,160 lacs, down notably from Rs. 9,848.50 lacs in Q3 FY25, while total income for 9M FY26 (Rs. 5,167.79 lacs) was nearly half of 9M FY25 (Rs. 9,953.38 lacs). The statutory auditor (OP Bagla & Co LLP) issued an un-modified (clean) limited review report. Related party transactions with Devi Electronics Pvt Ltd (sale of finished goods, rent income, reimbursements) were disclosed. A Supreme Court SLP on an ongoing matter was admitted on merits with the stay continuing; contingent liability remains unchanged. Company operates in a single segment – Consumer Electronics Division.
Sequential loss reduction is encouraging, but widening YoY losses and a sharp revenue decline are red flags for shareholders. Clean audit opinion and management's confidence in recovering deferred tax assets support continuity, but a clear revenue and profitability turnaround is needed.