Results 30.09.2025
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Starcom Information Technology reported Q2 FY26 revenue of Rs. 47.92 lakhs, down sharply from Rs. 77.04 lakhs in Q2 FY25 (a ~38% decline). For the half year, revenue fell to Rs. 76.49 lakhs from Rs. 125.84 lakhs. The company posted a net loss of Rs. 120.24 lakhs for the quarter and Rs. 279.94 lakhs for the half year, continuing its string of losses. The company's net worth is fully eroded (negative other equity of Rs. 2,878.53 lakhs) and current liabilities of Rs. 4,963.97 lakhs far exceed current assets of Rs. 332.27 lakhs. The auditor flagged a 'material uncertainty on going concern,' noted overdue statutory dues of over Rs. 1,567 lakhs, and gave modified observations on Rs. 2,431 lakhs of intangible assets under development that remain incomplete for a long time. Operating cash flow was negative at Rs. (86.01) lakhs for the half year.
This is a deeply negative filing. The company's net worth is wiped out, it is loss-making, revenue is shrinking, and the auditor has explicitly questioned its ability to continue as a going concern. Shareholders face significant risk of further dilution if the company brings in new investors, and the stock is likely to be under pressure.