BSEIndus Fila LtdMediumNeutral
Announced Thu, 18 Dec · 17:30 IST

Submission of revised un-audited financial results along with the limited review report for the quarter ended September 30,2025, after correction of typographical error.

Pat NegativeDebt Equity ThresholdResults View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Indus Fila has refiled its unaudited results for the quarter and half year ended September 30, 2025 to fix a typo in the auditor's review report that wrongly referred to 'quarter ended June 30, 2025' instead of September 30, 2025. The underlying numbers remain unchanged. For Q2 FY26, the company reported a net loss of about Rs 64.71 lakhs, while the H1 FY26 loss widened to roughly Rs 142.72 lakhs from Rs 128.98 lakhs in H1 FY25. The balance sheet shows negative other equity of about Rs (1,217.95) lakhs and non-current borrowings of Rs 2,138.11 lakhs, indicating the company's net worth is fully eroded by accumulated losses. The auditor (Tolwani & Associates) issued a clean limited review report with no qualifications.

Likely market impact

The correction itself is administrative and not material, but the underlying results are weak — losses are widening and the company is effectively bankrupt on a book-value basis, which is a serious red flag for shareholders and likely weighs on the stock.