Starlite Components Q1 FY27 loss widens, revenue nearly nil

Starlite Components reported Q1 FY27 revenue of just Rs 0.28 lakh versus Rs 64.38 lakh in Q1 FY26, with loss after tax widening to Rs 10.47 lakh from Rs 3.40 lakh. The firm emerged from CIRP in 2024 but the resolution plan is not yet fully implemented, as a minimum 5 percent public shareholding rule blocks BSE trading approval. A pending NCLT application, scheduled for hearing on September 7, 2026, seeks to fix this. An arbitration against Ambernath Municipal Council for unpaid contract dues also continues.