In order to comply with the Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements Regulations, 2015 and SEBI Circular No. CIR/CFD/FAC/62/2016 ....
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Awaiting price reaction for this filing.
The Board of Directors of Sreechem Resins Limited met on August 13, 2025, and approved the standalone unaudited financial results for the quarter ended June 30, 2025, along with the Limited Review Report by statutory auditor R.C. Jhawer & Co. Revenue from operations stood at ₹862.32 lakhs, essentially flat compared to ₹862.27 lakhs in the same quarter last year. However, the company swung to a loss of ₹13.46 lakhs (vs a profit of ₹5.61 lakhs in Q1 FY25), with basic/diluted EPS at (₹0.25) versus ₹0.16 earlier. The Board also re-appointed Mr. Bimal Kumar Choraria, Chartered Accountant, as Internal Auditor for FY 2025-26. Outstanding loans total ₹1.35 crore with no defaults reported, and the auditor's review report is clean with no qualifications or emphasis of matter.
Negative — the company slipped into a quarterly loss despite stable revenue, signalling cost pressure (total expenses rose to ₹876.59 lakhs from ₹857.05 lakhs) that could weigh on short-term sentiment. However, the clean auditor review and absence of loan defaults limit downside risk.