Un audited financial results for quarter and half year ended September 30 2025
Awaiting price reaction for this filing.
Sharp India reported zero revenue from operations for the quarter and half year ended September 30, 2025, as the company has had no production of LED TVs since April 2015 and air conditioners since June 2015. Total income for the quarter stood at Rs. 102 lakhs, all from other income. The company posted a loss of Rs. 743.96 lakhs for Q2 and Rs. 1,261.15 lakhs for H1, with accumulated losses of Rs. 17,918.91 lakhs wiping out its net worth. An exceptional charge of Rs. 216.87 lakhs was booked for re-instating related-party borrowings at their settlement value. The auditor highlighted the financial state and noted that management has prepared accounts on a 'not going concern' basis due to uncertainty over reviving alternate revenue streams.
This is a severe red flag for shareholders — the company is a non-operating entity with negative net worth, mounting losses, and a formal 'not going concern' declaration. Though Sharp Corporation Japan continues support until at least September 2026, the stock may remain highly risky and speculative.