Standalone and Consolidated Audited Financial Results of the Company
SANWARIA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Sanwaria Consumer Limited reported audited financial results for FY 2025-26. Total income stood at Rs. 107.68 Lacs with a consolidated net loss of Rs. 490.85 Lacs (adjusted loss of Rs. 778.88 Lacs after accounting for cash-basis expenses). The standalone net loss was Rs. 352.07 Lacs (adjusted Rs. 637.10 Lacs). The company is under Corporate Insolvency Resolution Process (CIRP) since May 29, 2020, and the Resolution Professional has filed for liquidation before NCLT as the CIRP concluded without a resolution plan. Total liabilities significantly exceed assets with negative net worth of Rs. 6,004.87 Lacs on consolidated basis. The auditors from Husain Shabbir & Co. issued qualified opinions for both standalone and consolidated results due to the company's switch from accrual to cash basis accounting, resulting in Rs. 285.02 Lacs of cumulative expenses not being recognized, reducing the reported losses.
The stock remains suspended and under liquidation proceedings. Shareholders face significant risk as negative net worth (Rs. 6,004.87 Lacs consolidated) and ongoing CIRP liquidation indicate near-total erosion of equity value.