This is to inform you that meeting of the Board of Directors of our Company was held today, November 12, 2025 at the Corporate office of our Company which approved and took on record the ....
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Awaiting price reaction for this filing.
Sreechem Resins reported standalone un-audited results for Q2 FY26 with revenue from operations of Rs. 654.22 lakhs, down about 22.6% from Rs. 845.21 lakhs in Q2 FY25. For the half year (H1 FY26), revenue fell to Rs. 1,516.54 lakhs from Rs. 1,707.48 lakhs in H1 FY25, an 11% drop. The company posted a net loss of Rs. 56.93 lakhs in Q2 FY26 (vs Rs. 55.94 lakhs loss in Q2 FY25) and Rs. 70.39 lakhs loss for H1 FY26 (vs Rs. 50.33 lakhs in H1 FY25), so losses are widening. Total expenses remained high relative to revenue, with cost of materials and other expenses exceeding income. Borrowings came down sharply to Rs. 97.74 lakhs from Rs. 223.25 lakhs as of March 2025, and the auditor (R.C. Jhawer & Co.) issued a clean limited review report with no qualifications.
Weak results for shareholders — revenue is shrinking and losses are widening, which is negative for the stock. However, the company has no loan defaults, borrowings are falling, and the auditor's review is clean, so there is no immediate solvency red flag. Expect the stock to react negatively given continued losses and revenue decline.