Financial Result for Jun 30, 2025
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Shree Ganesh Elastoplast Ltd reported its Q1 FY26 results on 14 August 2025, with revenue from operations collapsing to just Rs. 27.12 lakhs, down sharply from Rs. 870.85 lakhs in the same quarter last year — roughly a 97% drop. Total income for the quarter fell to Rs. 27.26 lakhs versus Rs. 871.21 lakhs year-on-year. Despite the revenue slump, the company posted a small profit after tax of Rs. 9.59 lakhs (EPS Rs. 0.17), compared to Rs. 113.04 lakhs profit in Q1 FY25. Notably, purchases of stock-in-trade stood at Rs. 131.41 lakhs while revenue was only Rs. 27.12 lakhs, and changes in inventory showed a release of Rs. 130.68 lakhs, largely driving the profit. The full year FY25 had ended in a loss of Rs. 147.42 lakhs. The statutory auditors (SD PM & Co.) issued an unmodified limited review opinion.
The dramatic revenue collapse raises serious concerns about business continuity and demand for the company's products, even though the quarterly bottom line stayed marginally positive. Shareholders should watch whether Q1 reflects a temporary inventory adjustment or a deeper structural slowdown, given FY25 already closed in losses.