The Board of Directors has Approved and taken on record the Unaudited Standalone Financial Results of the Company for the quarter and half year ended September 30, 2025 along with Limited ....
Awaiting price reaction for this filing.
Fedders Electric reported Q2 FY26 revenue from operations of Rs 53.49 Cr, down sharply from Rs 85.06 Cr in Q2 FY25. For the half year (H1 FY26), revenue was Rs 130.85 Cr. Profit before tax after exceptional items stood at Rs 5.61 Cr for the quarter and Rs 32.24 Cr for the half year. Exceptional items of Rs 4.33 Cr (quarter) and Rs 12.54 Cr (half year) were booked, along with prior period expenses. PAT for Q2 was Rs 2.61 Cr and Rs 31.09 Cr for H1. Operating cash flow was healthy at Rs 58.25 Cr for H1. The auditor (P. Aggarwal & Co.) issued a qualified review report flagging: Rs 47.65 lacs unpaid IEPF transfer, missing Fixed Assets Register, missing scrap inventory records, non-disclosure of preference share present value under Ind AS 109, and unsupported travel expenses. The company, now 100% promoter-held, received NCLT approval on Oct 16, 2025 for delisting from NSE and BSE.
Shareholders should note a qualified auditor opinion on multiple accounting irregularities and the company's approved delisting from stock exchanges, which means shareholders may eventually face an exit opportunity rather than ongoing trading liquidity. Revenue decline and weak internal controls are red flags for prospective investors.