Outcome of Board Meeting for approval of Unaudited Standalone Financial Results for the Quarter ended December 31, 2025
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The board approved Sueryaa Knitwear's unaudited standalone results for the quarter and nine months ended December 31, 2025. Revenue from operations was Rs 0 for both Q3 FY26 and the 9-month period, compared with Rs 11.46 lacs and Rs 24.26 lacs in the corresponding prior-year periods. The company earned only Rs 0.39 lacs in 'other income' during the quarter. The loss before tax for Q3 narrowed sharply to Rs 0.05 lacs (from Rs 5.75 lacs a year ago), and the 9-month loss came in at Rs 3.64 lacs versus Rs 17.47 lacs. Basic EPS for the quarter was Rs 0.00 and for 9 months was Rs (0.14). Statutory auditor Saraswat & Company issued an unmodified (clean) limited review opinion. The company also disclosed zero outstanding debt.
Very negative signal for shareholders — core business revenue is effectively zero, raising serious questions about going-concern viability and future operations. However, narrowing losses, a clean audit, and zero debt provide some cushion in the near term.