The Board of directors at their meeting held today approved and took on record the Un-Audited Financial Results for the 3rd quarter and nine months ended 31.12.2025 and enclosed the copy ....
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Skyline Millars Ltd's board, at its meeting on 4th February 2026, approved the un-audited financial results for the third quarter and nine months ended 31st December 2025. Revenue from operations for Q3 FY26 stood at ₹67.86 lakhs, while nine-month revenue was ₹191.97 lakhs, up sharply from virtually nil in the same period last year (₹0.00 lakhs for 9M FY25). However, the company reported a net loss of ₹3.25 lakhs for Q3 and ₹60.53 lakhs for 9M FY26, widening from a ₹47.59 lakh loss in 9M FY25. EPS for the nine months stood at (₹0.15). The auditor, S G D G & Associates LLP, issued a clean limited review report with no qualifications.
The company remains loss-making with widening losses, though revenue has started picking up meaningfully. Shareholders should note the ongoing Supreme Court matter on the Ghatkopar development (pending since 2011) remains a key overhang, while the new labour codes (effective Nov 2025) are not expected to be material. Near-term stock sentiment may stay weak given persistent losses despite revenue growth.