Un-audited Financial Results for the Quarter ended 30.06.2025
Awaiting price reaction for this filing.
MSR India Limited reported a net loss of ₹6.60 lakhs for Q1 FY26 (ended 30 June 2025), unchanged from the loss in the same quarter last year (₹6.60 lakhs). The full year FY25 closed with a loss of ₹53.39 lakhs. The company recorded zero revenue from operations, as it had no sales of copper water bottles or other copper products during the quarter. The only income appears to be minimal other income, while total expenses stood at ₹6.60 lakhs. The statutory auditor, in its limited review report, explicitly flagged that the absence of revenue from operations for the past three quarters affects the going concern of the company.
This is a significant red flag for shareholders — the company has had no operating revenue for three consecutive quarters and the auditor has raised a going concern issue, suggesting uncertainty about the business's ability to continue. Investors should view this as high-risk; the stock may see negative sentiment, and the company appears to need new revenue streams or capital infusion to sustain operations.