Announced Wed, 12 Nov · 13:04 IST

Results for the quarter ended and 6 months ended 30th September 2025

Going ConcernQualified OpinionEmphasis Of MatterRevenue DeclinePat NegativeResults View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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AI summary

Sri Lakshmi Saraswathi Textiles reported a net loss of Rs. 330.28 lakhs in Q2 FY26, narrower than the Rs. 527.43 lakhs loss in Q2 FY25. For H1 FY26, the loss came in at Rs. 707.33 lakhs versus Rs. 1,146.62 lakhs a year ago, showing improvement. Revenue was nearly flat, with H1 FY26 net sales at Rs. 4,537.61 lakhs against Rs. 4,672.24 lakhs last year. The company's net worth remains deeply negative at around Rs. -7,565.95 lakhs, with accumulated losses of Rs. 9,195.89 lakhs as of March 2025. The statutory auditor issued a qualified opinion, flagging a material going-concern uncertainty and noting that Rs. 106.71 lakhs in PF and Rs. 6.05 lakhs in ESI dues remain unpaid, along with Rs. 13.08 lakhs in TDS.

Likely market impact

This is a deeply negative picture for shareholders — the company is loss-making for the third straight year, has fully eroded its net worth, and faces a formal going-concern doubt from its auditor. While quarterly losses are shrinking and operating cash flow turned positive, pending statutory dues and negative equity signal serious financial stress that is likely to weigh on the stock price.