Un-Audited Financial Results along with Statement of Cash Flow for the Quarter and Half year ended September 30, 2025
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Awaiting price reaction for this filing.
Tasty Dairy Specialities has reported its Q2 and H1 FY26 results while under Corporate Insolvency Resolution Process (CIRP), initiated on October 7, 2025, with a Resolution Professional now running the company. The firm continues to post losses, with a loss before tax of about Rs. 1,406.50 lakhs for H1 FY26, and its net worth has turned sharply negative at Rs. (3,385.30) lakhs against total assets of Rs. 5,398.46 lakhs. All bank accounts have been frozen since November 2023, and the company is routing transactions through related parties. The statutory auditor issued a qualified review conclusion, flagging material uncertainty over the company's ability to continue as a going concern, failed debt restructuring, SARFAESI recovery actions by lenders, and Ind AS compliance gaps.
This is a deeply negative filing for shareholders. The company is operationally distressed, loss-making, under insolvency proceedings, and its own auditor has raised serious doubts about its survival. Stock price is likely to remain under severe pressure and equity holders face significant risk of total loss given the negative net worth and CIRP status.