Result for the Quarter and Nine Months Ended December 31m 2025.
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Star Source Multi Trade Ltd reported nil revenue from operations in Q3 FY26 (Dec 2025), after Rs. 5,256.56 thousand in Q2 (Sep 2025). For the nine-month period, total revenue stood at Rs. 5,463.68 thousand versus Rs. 7,839 thousand a year ago, driven by a sharp fall in other income. Total expenses ballooned to Rs. 1.23 crore for 9M FY26 from Rs. 10.21 lakh last year, with administrative and other expenses jumping from Rs. 803 thousand to Rs. 1.19 crore. The company swung to a net loss of Rs. 1.18 crore for 9M FY26 compared to a profit of Rs. 68.18 lakh in 9M FY25. Loss per share for 9M FY26 was Rs. 78.62 versus earnings of Rs. 4.55 previously. The auditor (SSRV & Associates) issued a standard limited review report with no qualifications.
The shift to a deep loss on near-zero operating revenue and surging administrative expenses is a red flag for shareholders, suggesting operational stress or a possible business transition (the company recently renamed itself). Investors should watch for clarification on the expense spike and the sustainability of operations going forward.