Unaudited Standalone and consolidated financial result for the quarter and nine months ended December 31, 2025
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Shrydus Industries Ltd (formerly VCK Capital Market Services) announced its Q3 FY26 and nine-month results on February 13, 2026. Standalone revenue from operations for the December 2025 quarter was just Rs 20 lakhs, while consolidated total revenue stood at Rs 3,980.66 lakhs for the period. Profitability is thin, with a basic EPS of Rs 0.02 on a consolidated basis and signs of a quarterly loss. The statutory auditor (Rajesh H Gupta & Co) issued a clean, unqualified limited review report on both sets of results. A notable concern appears in Note 5, where the company states it has not recognised any deferred tax asset due to 'uncertainty in revenue and earnings in future,' a flag for investors. The wholly-owned subsidiary Roopyaa General Trading Co. L.L.C. contributed NIL revenue and NIL profits for the nine-month period, and 28 investor complaints remain pending.
The 'uncertainty in future earnings' disclosure is a red flag that may weigh on the stock, signalling weak visibility on profitability. However, the clean auditor opinion and existing revenue base provide some cushion for shareholders in the near term.