Unaudited Standalone and Consolidated Financial Result for the quarter ended June 30, 2025
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Awaiting price reaction for this filing.
Shrydus Industries reported nil revenue in Q1 FY26, down from Rs 101.25 lakhs in Q1 FY25 — a 100% drop in topline. Total expenses were just Rs 7.06 lakhs (vs Rs 96.31 lakhs year-ago) as trading activity remained halted. The company posted a standalone and consolidated net loss of Rs (7.06) lakhs, compared to a profit of Rs 4.94 lakhs in the same quarter last year. Basic EPS turned negative at Rs (0.02) versus Rs 0.04 earlier. The auditor (Rajesh H Gupta & Co) issued an unmodified limited review opinion but specifically noted that no revenue was reported during the period. Note 5 flags that deferred tax assets have not been recognized due to 'uncertainty in revenue and earnings in future'.
The complete absence of revenue and the shift into losses signal continued operational stress, which is negative for shareholders. The auditor's note about no revenue and the management's own admission of uncertainty around future earnings weigh on the stock's near-term outlook.