The Board of directors has today approved the un-Audited Financial Results for the 3rd quarter and nine months ended 31.12.2025. Enclosed copy along with Auditor''s Limited Review Report.
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Skyline Millars Limited reported unaudited results for the quarter and nine months ended 31 December 2025. Revenue from operations for Q3 FY26 stood at Rs 67.86 lakhs versus nil in Q3 FY25, while 9M FY26 revenue was Rs 191.97 lakhs versus nil in the prior-year period. Total income for 9M FY26 was Rs 213.15 lakhs (vs Rs 28.15 lakhs in 9M FY25). Despite this revenue pickup, losses widened — loss before tax for 9M FY26 was Rs 60.53 lakhs compared to a loss of Rs 46.73 lakhs in 9M FY25. Loss per share for 9M FY26 was Rs 0.15 versus Rs 0.12 earlier. Auditor S G D G & Associates LLP issued a clean (unmodified) limited review report. The company flagged that its Ghatkopar real estate project remains stalled since 2011 due to a matter pending in the Supreme Court.
Revenue has emerged from a zero base, likely reflecting construction activity, but losses are deepening, indicating the business is still not profitable. The unresolved Ghatkopar Supreme Court matter remains a key overhang for the stock.