Outcome of the Board Meeting held on Wednesday, 11th February, 2025
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The Board of Directors of Shalimar Productions Ltd approved the un-audited financial results for the quarter and nine months ended 31 December 2025. The company reported negligible revenue from operations, with total income appearing to be a token Rs. 0.01 lakh, indicating virtually no business activity during the period. The company posted a net loss of Rs. 576 lakhs for the reporting period, with similar losses reflected in the EPS, which stood at negative Rs. 0.01 on both basic and diluted basis. The statutory auditor, M/s. Bhatter and Associates, issued a clean limited review report with no qualifications, adverse remarks, or emphasis of matter. The company operates in a single segment and has a paid-up equity share capital of Rs. 9,843.28 lakhs.
The continued losses combined with near-zero revenue point to serious operational and going-concern concerns for shareholders, though the clean auditor review provides some comfort on reporting accuracy. The stock may remain under pressure given the persistent loss-making profile.