Un-audited Financial results for the quarter ended June 30, 2025.
Awaiting price reaction for this filing.
Starlite Components Ltd posted a loss of Rs. 3.40 lakhs in Q1 FY26 (June 2025), reversing a profit of Rs. 89.69 lakhs in the same quarter last year. Revenue from operations fell sharply to Rs. 64.38 lakhs, down from Rs. 156.57 lakhs a year ago and Rs. 105.27 lakhs in the previous quarter. Total expenses stood at Rs. 68.00 lakhs, slightly above total income of Rs. 64.71 lakhs, dragging the company into loss. The company remains under CIRP oversight — its Resolution Plan (approved March 14, 2024 by NCLT) is pending full implementation, and BSE has withheld trading permission over the minimum public shareholding issue. The auditor flagged emphasis-of-matter notes on the pending NCLT modification application and an arbitration case against Ambernath Municipal Council for recovery of dues.
Weak quarterly performance with declining revenue and a return to losses signals operational stress for shareholders. Additionally, the company's shares remain suspended from trading on BSE due to pending resolution plan modifications, limiting liquidity and price discovery for investors until the NCLT hearing on August 21, 2025.