Unaudited Financial Results For The Quarter And Nine Months Ended December 31, 2025.
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Shree Precoated Steels Ltd reported zero revenue from operations for Q3 FY26 and the nine-month period, continuing a complete halt in business activity. The company posted a loss of Rs. 18 lakh in Q3 FY26, slightly wider than the Rs. 16 lakh loss in the previous quarter and Q3 FY25. For the nine months ended December 2025, the loss stood at Rs. 46 lakh versus Rs. 45 lakh a year earlier, with EPS of (Rs. 1.11). Other equity is negative, leaving net worth at minus Rs. 216 lakh as of March 2025, and the statutory auditor (V. Parekh & Associates) has flagged a 'Material Uncertainty Related to Going Concern,' citing the negative net worth and pending litigation over indirect tax refunds. The board approved the results on January 29, 2026 after a brief 15-minute meeting.
Highly negative for shareholders — the company has no operating revenue, persistent losses, deeply negative net worth, and the auditor has formally raised a going concern doubt, meaning the business may not be able to continue operations without fresh funding or a resolution of pending tax litigation.