Announced Thu, 25 Jun · 16:32 IST
Sparc Electrex reports widened FY26 loss, bank account frozen by tax dept
Compliance View source PDF
Price
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Price reaction · full curve 14 horizons · vs prior close
-9.3%1-day move
₹4.93
prior close
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base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————-9.3+3.2-1.8-6.7-6.7-8.7+1.2———
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AI summary
Sparc Electrex posted audited FY26 results with net loss widening to 446.18 lakhs versus 152.04 lakhs in FY25. Total income fell sharply to 73.07 lakhs from 366.10 lakhs. Basic EPS stood at negative 4.45. The company also disclosed its bank account is frozen since November 2025 due to unpaid income tax demands.
Likely market impact
Widened losses, steep revenue decline, and frozen bank accounts point to serious financial distress for shareholders.