Submission of Unaudited Financial result for quater ended on 30th june, 2025 and limited review report.
Awaiting price reaction for this filing.
Starlit Power Systems Ltd filed its unaudited standalone and consolidated financial results for the quarter ended 30 June 2025, along with a limited review report from statutory auditors VRSK & Associates. On a standalone basis, the company posted a loss before tax of Rs. 132.74 lakhs, which is roughly double the Rs. 66.23 lakh loss reported in the prior comparable period. Total comprehensive loss for the quarter stood at Rs. 126.92 lakhs. Paid-up equity share capital remains at Rs. 2,043.17 lakhs (face value Rs. 10 per share). The consolidated results include the share of India Solomon Holdings Limited (27.09% stake). The auditor's review report did not flag any material misstatement — it is an unqualified limited review.
The company continues to report losses that are widening quarter-on-quarter, which is a negative signal for shareholders. However, no material misstatements or going-concern flags were raised by the auditor, suggesting the financial statements are fairly presented though clearly unprofitable.