Unaudited Financial results for the 3rd quarter and Nine Months ended 31.12.2025
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Sri Lakshmi Saraswathi Textiles posted Q3 FY26 total income of Rs. 2,122.04 lakhs, down from Rs. 2,692.71 lakhs in Q3 FY25 — a roughly 21% year-on-year drop. Nine-month income fell to Rs. 6,710.79 lakhs from Rs. 7,378.62 lakhs. The company continued to report losses, though smaller: nine-month net loss narrowed to Rs. 1,195.80 lakhs versus Rs. 1,693.59 lakhs a year ago, with Q3 loss at Rs. 488.47 lakhs. The auditor issued a Qualified Conclusion, flagging going concern risk due to accumulated losses of Rs. 9,195.89 lakhs and negative net worth, and noted unpaid statutory dues of about Rs. 147 lakhs (PF, ESI, TDS). The company also booked a one-time revaluation gain of Rs. 28,767.74 lakhs on land, buildings and plant & machinery, which inflated Other Comprehensive Income to Rs. 19,962.02 lakhs in Q3.
Operating performance remains weak with persistent losses and shrinking revenue, though headline numbers look better due to a large non-cash revaluation gain rather than actual profits. Shareholders face significant going concern risk, ongoing statutory defaults, and negative reserves — factors that could weigh heavily on sentiment and stock price despite the cosmetic boost to book value.