Submission of Newspaper Advertisement for the Un-Audited Financial Results for the Quarter and Half year ended September 30, 2025.
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Awaiting price reaction for this filing.
Sreechem Resins Ltd submitted copies of its newspaper advertisement containing unaudited financial results for Q2 FY26 (quarter and half year ended September 30, 2025), as required under SEBI Regulation 47(3). The results were published in Utkal Mail and Business Standard. Total income from operations for Q2 FY26 stood at Rs 651.75 lakhs, down from Rs 845.78 lakhs in the same quarter last year. The company reported a net loss of Rs 56.93 lakhs in Q2 FY26 versus a loss of Rs 55.99 lakhs in Q2 FY25. For H1 FY26, the net loss was Rs 70.39 lakhs on revenue of Rs 1,517.88 lakhs, with basic EPS of negative Rs 1.31. The results were reviewed by the Audit Committee and approved by the Board on November 12, 2025, and the statutory auditors issued a Limited Review Report with an unmodified opinion.
The company remains loss-making with a notable year-on-year decline in quarterly revenue (~23%), which is a negative signal for shareholders, although the bottom-line loss has only widened marginally. The clean auditor review provides some comfort, but there is no positive earnings catalyst evident from this filing.