We are pleased to inform that the Audit Committee and Board of Directors at their Meeting held today, i.e. 13th November, 2025 at the office at Four Mangoe Lane, Kolkata-700001 transacted ....
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Standard Batteries' Board approved unaudited results for Q2 and H1 FY26 (ended Sept 30, 2025) with a clean (un-modified) Limited Review Report from auditor V. Singhi & Associates. The company reported NIL revenue from operations and only Rs 0.46 lakh of other income for the half-year, while expenses of Rs 28.05 lakh led to a net loss of Rs 27.59 lakh (EPS of Rs -0.53). The balance sheet shows reserves eroding from Rs 93.70 lakh (March 2025) to Rs 66.11 lakh, and cash balances dropping from Rs 14.86 lakh to Rs 4.62 lakh. The filing explicitly notes there is 'no business operation' during the period.
Despite a clean audit opinion, the company is non-operational, posting continued losses, declining reserves, and negative operating cash flow — suggesting weak fundamentals and possible long-term viability concerns for shareholders.