Unaudited Financial Results for the Quarter Ended on 31.12.2025 along with Limited Review Report.
Awaiting price reaction for this filing.
Shivamshree Businesses Ltd reported Q3 FY26 revenue from operations of Rs. 363.60 lakhs, sharply higher than Rs. 129.42 lakhs in Q3 FY25, driven mainly by its new Industrial Bags manufacturing segment (Solar trading revenue fell to zero this quarter). The company turned quarterly-profitable with a profit after tax of Rs. 1.61 lakhs versus a loss of Rs. 12.73 lakhs a year ago. However, on a nine-month cumulative basis it is still in the red with a loss of Rs. 28.05 lakhs (vs Rs. 30.86 lakhs loss in 9M FY25). The statutory auditor issued a clean limited review report but added an 'Emphasis of Matter' noting that 3 crore fresh equity shares were issued at Rs. 1.50 each (raising Rs. 4.5 crore) and that closing inventory was certified only by management. A one-time GST expense of Rs. 14.40 lakhs was booked for an ITC reversal notice related to FY19-20.
The dramatic revenue jump and swing to quarterly profit are encouraging signs, but absolute profits are negligible and the company remains loss-making on a year-to-date basis, suggesting the business is still in a build-out phase. Investors should monitor whether the Industrial Bags segment sustains margins and whether the company can post a full-year profit.