Unaudited quarterly results for the 3rd quarter and Nine Months ended 31.12.2025, with Limited Review Report of the Statutory Auditors.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The board approved unaudited results for Q3 and nine months ended December 31, 2025. Net sales fell to Rs. 2,113.91 lakhs in Q3 from Rs. 2,663.89 lakhs a year earlier, a decline of about 20.7%; nine-month sales dropped to Rs. 6,651.52 lakhs from Rs. 7,336.13 lakhs. The company reported a net loss of Rs. 488.47 lakhs for Q3 and Rs. 1,195.80 lakhs for nine months — losses have narrowed compared to last year but remain substantial. Statutory auditors issued a qualified conclusion flagging a going concern uncertainty given accumulated losses of Rs. 9,195.89 lakhs, a negative net worth, and persistent losses over three years, along with non-remittance of statutory dues totalling about Rs. 147 lakhs (PF, ESI and TDS). The company also revalued its land, buildings and plant & machinery, booking a Rs. 28,767.74 lakhs revaluation surplus (Rs. 19,962.02 lakhs net of deferred tax) routed through Other Comprehensive Income.
The qualified auditor opinion and going concern flag signal serious financial distress for shareholders. The revaluation gain only boosts book equity on paper and does not fix underlying operating losses, leaving the stock highly risky.