The Exchange had sought clarification from Indus Fila Limited for the quarter ended 30-Sep-2025 with respect to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. On basis of above the Company was required to clarify the following: -1. Financial results not signed by authorized signatory/ies -2. Financial results submitted is not as per format prescribed by SEBI -3. Limited Review Report/ Independent Auditor's Report is not in the format prescribed by SEBI The response of the Company is enclosed.
Awaiting price reaction for this filing.
NSE had raised three queries on Indus Fila's Q2 FY26 (ended Sept 30, 2025) financial results filed under Regulation 33 of LODR. The issues were: results not in SEBI-prescribed format, a typo in the auditor's review report that incorrectly said 'quarter ended June' instead of 'September', and signing authority concerns. The company clarified that the results were approved in the November 13, 2025 board meeting and signed by the authorized whole-time director, and submitted a revised auditor's report with the period corrected. From the attached financial data, the company reported a loss of Rs 64.71 lakhs for Q2 FY26, narrowing from Rs 88.05 lakhs in Q2 FY25. Half-yearly losses also reduced to Rs 88.05 lakhs from Rs 142.72 lakhs a year earlier. Total assets stood at Rs 1,305.89 lakhs as of Sept 30, 2025, down from Rs 1,506.33 lakhs as of March 31, 2025. Other equity remains deeply negative at Rs (1,217.95) lakhs, indicating significant accumulated losses.
This is a procedural compliance correction with no direct stock price catalyst, but it draws attention to the company's weak fundamentals — persistent losses, shrinking asset base, and negative reserves — which remain a concern for shareholders. The narrowing of quarterly losses is a small positive signal.