This is to inform you that, the Board of Directors of the Company at its meeting held on Friday, 13th February, 2026 at 03.00 P.M. inter alia, has considered and approved the following: 1. ....
Awaiting price reaction for this filing.
Polytex India's board approved its unaudited financial results for the quarter and nine months ended 31 December 2025. The company reported a loss of ₹3.28 lakhs in Q3 FY26, wider than the ₹2.60 lakh loss in the same quarter last year. For the nine-month period, the loss deepened to ₹11.78 lakhs from ₹8.33 lakhs a year earlier. Revenue from operations remained negligible at just ₹0.45 lakhs for the quarter, with the bulk of income coming from 'other income'. Notably, the company's other equity stood at negative ₹1,102.10 lakhs as of 31 March 2025 against paid-up equity capital of ₹1,350 lakhs, indicating accumulated losses have substantially eroded shareholders' funds. The statutory auditor issued an unqualified limited review report with no qualifications.
Persistent quarterly losses, negligible operating revenue, and negative reserves signal serious concerns about the company's financial viability. Shareholders should view this filing as a red flag, though the stock is typically low-liquidity and the company's small size means any action may need to be closely watched for further deterioration.