Standalone Unaudited Financials for the Quarter and Half Year ended on 30th September, 2025
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The Board of Directors of Rishab Special Yarns Ltd, at its meeting held on 13 November 2025, approved the unaudited standalone financial results for the quarter and half year ended 30 September 2025, along with a clean limited review report from statutory auditor Bhatter & Associates. The company, which is now primarily engaged in trading of commodities, reported a loss before tax of Rs 5.45 lakh for the half year period, an improvement from the Rs 21.56 lakh loss in the corresponding prior period. Cash flow from operations turned positive at Rs 4.08 lakh, lifting the closing cash balance to Rs 4.12 lakh from just Rs 0.04 lakh earlier. However, the balance sheet shows a deeply negative Other Equity of Rs -344.39 lakh against a share capital of Rs 357.16 lakh, indicating accumulated losses that have eroded net worth significantly.
The company remains loss-making with negative reserves, signalling a weak financial position that is a concern for shareholders despite the narrowing of losses. The small size of operations and the shift to commodity trading suggest limited near-term catalysts, and investors should view this stock with caution.