Respected Sir/Madam, The Board of Directors of the Company at their meeting held on Friday, May 29, 2026 have duly approved the Audited Financial Results for the quarter and year ended ....
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Awaiting price reaction for this filing.
Subhash Silk Mills Limited reported a net loss of Rs 76.57 Cr for FY26, more than triple the loss of Rs 22.06 Cr in FY25. Total income dropped nearly 48% from Rs 244.70 Cr to Rs 127.05 Cr, primarily due to a Rs 117.87 Cr decline in other income (from Rs 241.86 Cr to Rs 123.99 Cr). Operating income from operations grew marginally from Rs 2.84 Cr to Rs 3.06 Cr. The company posted losses in all quarters, with Q4 standalone showing a loss of Rs 0.08 Lacs. Cash flow from operations was positive at Rs 219.56 Lacs, but capital expenditure of Rs 254.47 Lacs resulted in net cash outflow of Rs 38.64 Lacs. Trade receivables collapsed from Rs 240.72 Cr to Rs 15.39 Cr. The auditors issued an unmodified (clean) opinion with no qualifications.
The company is in significant financial distress with tripling losses and sharply declining revenue. While operating cash flow is positive, heavy capex spending is draining cash reserves. Shareholders should be cautious as the stock may face continued pressure.