With reference to the captioned matter, kindly find enclosed herewith Unaudited Financial Results and Limited Review Report in terms of Regulation 33 of SEBI (Listing Obligations and Disclosure ....
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Subhash Silk Mills Ltd reported weak unaudited results for Q3 FY26, with revenue from operations flat at Rs. 0.78 lakh and other income falling sharply to Rs. 33.40 lakh from Rs. 69.98 lakh a year ago. Total revenue for the quarter stood at Rs. 34.19 lakh versus Rs. 70.75 lakh in Q3 FY25, a year-on-year drop of about 52%. On a nine-month basis, total revenue collapsed to Rs. 67.97 lakh from Rs. 211.66 lakh, down nearly 68%, while administrative expenses rose to Rs. 82.48 lakh from Rs. 46.62 lakh. The company slipped into a loss before tax of Rs. 17.28 lakh in Q3 against a profit of Rs. 10.63 lakh last year, taking the year-to-date loss to Rs. 85.10 lakh versus a profit of Rs. 24.74 lakh. Profit after tax for the quarter was a loss of Rs. 16.01 lakh (EPS of Rs. -0.38), and for nine months the loss was Rs. 76.49 lakh (EPS of Rs. -1.80). The auditor, Shabbir & Rita Associates LLP, issued an unmodified Limited Review Report with no qualifications or emphasis of matter.
Shareholders should note a clear deterioration: the company has swung from profit to loss both for the quarter and year-to-date, driven by shrinking other income and rising overheads. This is likely to weigh negatively on sentiment and the stock price in the near term, given the lack of operating activity (revenue from operations is negligible) and persistent bottom-line losses.