Outcome of Board Meeting held on Wednesday, January 28, 2026.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Starlog Enterprises reported a consolidated loss after tax of ₹204.85 lakhs in Q3 FY26, reversing a profit of ₹172.82 lakhs in the same quarter last year. For the nine months ended December 31, 2025, the company posted a consolidated loss of ₹764.06 lakhs against a profit of ₹2,611.75 lakhs in the prior year period, largely because last year's numbers included large exceptional gains. Revenue from operations for the nine months fell sharply to ₹746.58 lakhs from ₹1,096.50 lakhs a year ago, a drop of roughly 32%. The auditor flagged a major concern: Axis Bank has obtained a Recovery Certificate from the Debt Recovery Tribunal (DRT), Mumbai, for ₹6,627.20 lakhs based on a Shortfall Undertaking given by the company for its subsidiary Kandla Container Terminal Pvt Ltd, and the matter is sub-judice. The auditor also highlighted a disputed 26% investment in South West Port Limited (where SWPL's books only reflect 10%), unconverted CCPS at the subsidiary, and associate companies not submitting financials.
Significantly negative for shareholders — the swing from profit to loss, declining revenue, and the massive ₹6,627 lakh contingent liability from the DRT matter create serious uncertainty around the company's financial position and could weigh on the stock price.