Shah Foods Limited submitted the Un-audited Standalone Financial Results for the quarter and half year ended September 30, 2025.
Awaiting price reaction for this filing.
Shah Foods Limited reported zero revenue from operations for both Q2 FY26 and H1 FY26, a steep fall from Rs. 88.59 lakhs and Rs. 96.59 lakhs in the year-ago periods. The company swung to a net loss of Rs. 0.66 lakhs in Q2 FY26 versus a profit of Rs. 2.55 lakhs in Q2 FY25, while H1 FY26 loss widened to Rs. 5.85 lakhs. Loss per share stood at Rs. 0.11 for the quarter and Rs. 0.98 for the half year. The balance sheet shows negative net worth of Rs. -62.28 lakhs, with accumulated losses of Rs. 122.03 lakhs and borrowings of Rs. 116.79 lakhs. The statutory auditor (Keshri & Associates) issued an unqualified limited review report with no qualifications or emphasis of matter.
The complete absence of revenue alongside negative net worth and mounting losses raises serious concerns about the company's operational viability and going concern status. For shareholders, this is a significant red flag suggesting the business has effectively halted operations, and any recovery in the stock price is likely to depend on the company restarting its core activities.