consider and approve the unaudited financial result for the quarter and half year ended September 30, 2025
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Awaiting price reaction for this filing.
Shalimar Productions' Board approved its Q2 and H1 FY26 results on November 13, 2025. Revenue from operations collapsed to virtually zero at ₹0.02 lakhs for H1 FY26, compared to ₹218.35 lakhs in H1 FY25 — a near-total revenue wipeout. Total expenses for H1 FY26 stood at ₹71.38 lakhs, leading to a loss before tax of ₹71.35 lakhs, wider than the ₹17.61 lakh loss in H1 FY25. EPS for H1 FY26 was ₹(0.01). Operating cash flow turned negative at ₹(5.78) lakhs versus a positive ₹154.71 lakhs in H1 FY25. Total assets were ₹10,713.59 lakhs against equity of ₹10,063.96 lakhs, with no debt on the books. The statutory auditor, Bhatter & Associates, issued an unmodified (clean) limited review opinion.
Near-zero revenue combined with widening losses and negative operating cash flow raises serious concerns about the company's business viability, even though the audit report is clean. Shareholders should view this as a negative operational update with limited cushion given the lack of any operating income.