Un-Audited Financial Results for the quarter and half year ended September 30, 2025.
Awaiting price reaction for this filing.
Indus Fila Limited reported continued losses for Q2 FY26 (ended Sept 30, 2025). The company posted a standalone net loss of Rs 64.71 lakhs for the quarter and Rs 142.72 lakhs for the half year (vs Rs 223.38 lakhs loss for FY25 full year). Accumulated losses in the balance sheet deepened to Rs (1,217.95) lakhs as of Sept 30, 2025 from Rs (1,070.21) lakhs at March 31, 2025, wiping out a large part of the Rs 510.84 lakh share capital. Total assets declined to Rs 1,305.89 lakhs (from Rs 1,506.33 lakhs), while total borrowings remain high at around Rs 2,227 lakhs. Cash and bank balances fell from Rs 14.95 lakhs to Rs 7.66 lakhs. Statutory auditor Tolwani & Associates issued a clean limited review report with no qualifications or emphasis of matter. No revenue figures were extractable from the filing due to formatting, but loss-making trend persists with no segment-level improvement reported.
Shareholders should note that the company remains in a financially weak position with widening accumulated losses, near-zero net worth, and shrinking cash balance — raising serious solvency concerns even though auditors did not flag a going concern issue this quarter. The stock is likely to remain under pressure given persistent losses and high debt; further equity erosion cannot be ruled out.