This is to inform you that, Board of Directors of the company at its meeting held today i.e. 12.08.2025, have approved the Unaudited Financial Results for the quarter ended on June 30, ....
Awaiting price reaction for this filing.
Oswal Overseas Limited's Board approved its unaudited Q1 FY26 results on August 12, 2025. Revenue from operations was just Rs. 61.45 lakhs versus Rs. 2,201.54 lakhs in the same quarter last year, a sharp drop attributed to the seasonal nature of the sugar business (crushing happens between November and April). The company reported a loss after tax of Rs. 240.90 lakhs, slightly wider than last year's Q1 loss of Rs. 232.16 lakhs. On a full-year basis for FY25, revenue was Rs. 6,762.63 lakhs with a loss after tax of Rs. 1,238.43 lakhs. Segment data shows the Sugar division and Power division both running at losses, with total liabilities of about Rs. 13,951 lakhs exceeding total assets of about Rs. 10,411 lakhs. The statutory auditor issued an unmodified (clean) limited review opinion.
Shareholders should note the company is loss-making with what appears to be negative net worth (liabilities exceed assets). However, the seasonal nature of sugar explains the Q1 revenue collapse, and the auditor's review was clean. Stock may remain under pressure given persistent losses, but Q1 results are not directly comparable for a sugar company.