We are pleased to inform the Stock Exchange that the Audit Committee and Board of Directors at their Meeting held today, i.e. 11th August, 2025 at the office at Four Mangoe Lane, Kolkata-700001 ....
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The Board of Standard Batteries Ltd approved unaudited financial results for the quarter ended 30 June 2025 at its meeting on 11 August 2025. Total income collapsed to just Rs. 0.24 lakhs from Rs. 135.04 lakhs in the same quarter last year, as the company disclosed it had no business operations during the quarter. The company swung from a net profit of Rs. 121.31 lakhs in Q1 FY25 to a net loss of Rs. 13.61 lakhs in Q1 FY26. Loss per share stood at Rs. (0.26) versus earnings of Rs. 2.35 in the year-ago quarter. Statutory auditor V. Singhi & Associates issued an un-modified (clean) limited review report on the results.
Negative for shareholders — the company is currently non-operational and reporting losses, raising concerns about its business continuity. However, the clean auditor opinion and existing reserves of Rs. 93.70 lakhs provide some short-term solvency comfort.