The Board considered and approved the unaudited financial results for the quarter ended 30.06.2025
Awaiting price reaction for this filing.
South Asian Enterprises Ltd reported unaudited results for Q1 FY26. Total income stood at ₹8.15 lakhs, down sharply from ₹21.62 lakhs in Q1 FY25, with revenue from operations falling to ₹3.60 lakhs from ₹11.14 lakhs — a roughly 68% year-on-year decline. The company posted a loss after tax of ₹(5.95) lakhs versus ₹(2.12) lakhs in the year-ago quarter, with EPS at ₹(0.15). For the full year FY25, the company reported a loss after tax of ₹(333.53) lakhs, largely driven by an exceptional impairment charge of ₹318.52 lakhs. The Board also approved writing off the entire dues of its erstwhile subsidiary Chai Thela Private Limited. The auditor's limited review report was clean with no adverse comments.
The sharp revenue decline and continuing losses signal weakening operations and raise concerns about the company's earning capacity. The write-off of the erstwhile subsidiary's dues removes a troubled asset but also reflects past exposure to a loss-making venture; near-term stock sentiment is likely negative given the poor results.