BSESatyam Silk Mills LtdHighNeutral
Announced Wed, 11 Feb · 16:34 IST

Unaudited Financial Results for the quarter / nine month ended December 31, 2025.

Pat NegativeResults View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Satyam Silk Mills has started reporting revenue from operations for the first time, booking ₹549.59 lakh in Q3 FY26 and ₹549.59 lakh for the nine-month period, whereas the corresponding prior periods had no operational revenue. However, the company slipped into a loss at the operating level, posting a quarterly net loss of ₹13.03 lakh versus a profit of ₹18.81 lakh in Q3 FY25. Nine-month net profit collapsed to ₹10.49 lakh from ₹58.98 lakh in the same period last year, an 82% drop, hurt by derivative losses (₹56.06 lakh for 9M) and new inventory purchases. Other Comprehensive Income provided a big boost of ₹357.28 lakh for 9M FY26 (vs a loss of ₹290.29 lakh in 9M FY25), mainly from fair-value changes, lifting Total Comprehensive Income to ₹367.78 lakh. The statutory auditor (SVP & Associates) issued an unmodified review opinion, and the company confirmed no deviation in the use of proceeds from its earlier rights issue.

Likely market impact

Shareholders should note the sharp drop in core profitability and the quarterly loss, partially masked by large non-cash fair-value gains in OCI. The move into trading revenue is a significant shift in business model but has not yet translated into sustainable profits, keeping the outlook uncertain for the stock.