Announced Tue, 8 Sept · 19:09 IST
Sterling Greenwoods files FY26 Annual Report with wider loss and zero revenue
Going ConcernRevenue DeclinePat NegativeEbitda Margin CompressionResults View source PDFExplain this filing
Price
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AI summary
Sterling Greenwoods filed its 34th Annual Report for FY ending March 2026. Revenue from operations was nil versus Rs 117.90 lakh last year. Total income fell to Rs 5.96 lakh from Rs 144.95 lakh. Loss after tax widened to Rs 124.38 lakh from Rs 88.09 lakh. Company cites absence of business operations. New MD Deepak Kalani was appointed in September 2025, replacing Bharat Lekhi. New Independent Director Umang Gohel joined in November 2025. AGM is set for September 30, 2026.
Likely market impact
Zero revenue and widening losses flag ongoing going concern risk; shareholders await revival plan from new management at the AGM.