Un-Audited Financial Results for the Quarter and half year ended September 30, 2025
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Tasty Dairy Specialities reported a loss of approximately ₹957.70 lakhs for Q2 FY26 (quarter ended September 30, 2025), continuing its pattern of consecutive quarterly losses. The company is currently under Corporate Insolvency Resolution Process (CIRP) under the IBC, 2016, with Resolution Professional Mr. Anish Agarwal appointed on October 7, 2025, to manage its affairs. All bank accounts have been frozen since November 2023, manufacturing operations have ceased, statutory dues (ESI, PF, TDS) remain unpaid, and lenders have initiated SARFAESI recovery proceedings with cases pending before NCLT and DRT. The company's net worth is deeply negative (Other Equity at ₹-5,428.30 lakhs), and total borrowings exceed ₹7,882 lakhs.
This is a deeply distressed filing. Shareholders face extreme risk — the company is in active insolvency, auditor has flagged material uncertainty on going concern with a qualified opinion, and equity value is effectively wiped out due to negative net worth. Stock price likely to remain under severe pressure; recovery depends entirely on the CIRP outcome and revival plan.