Unaudited Financial Results for the quarter and half-year ended September 30, 2025
Awaiting price reaction for this filing.
Grand Foundry Ltd's board approved standalone unaudited results for the quarter and half-year ended September 30, 2025. The company reported a negative profit after tax for both the quarter and the half-year, continuing its loss-making trend. Its balance sheet shows negative net worth of about ₹610 lakhs as on September 30, 2025 (worsened from ₹563 lakhs as on March 31, 2025), as accumulated losses of ₹1,828 lakhs have completely eroded the ₹1,217 lakhs share capital. Operating cash flow for the half-year was also negative. The auditor (Ashwani & Associates) gave a clean review report but flagged in an 'Other Matter' paragraph that the stock is under Graded Surveillance Measures (GSM) Stage 3 on both NSE and BSE, meaning trading is restricted.
Negative takeaways dominate — the company has a negative net worth, ongoing losses, negative operating cash flow, and is under GSM Stage 3 surveillance, which signals serious financial stress and is a red flag for shareholders. The stock already trades with restrictions, so liquidity is limited and risk is elevated.