Unaudited Standalone and Consolidated Financial Results for the Quarter and Nine Months Period Ended 31.12.2025
Awaiting price reaction for this filing.
Rama Petrochemicals reported very weak Q3 FY26 results, with standalone net sales of just Rs. 2.81 lakhs (vs Rs. 2.55 lakhs in Q3 FY25) and a net loss of Rs. 192.81 lakhs (vs Rs. 176.38 lakhs loss a year ago). For the nine-month period, total revenue rose sharply to Rs. 25.51 lakhs from Rs. 5.43 lakhs, but the company still posted a loss of Rs. 547.67 lakhs, wider than the Rs. 498.46 lakhs loss in the prior-year period. The biggest cost burden is finance cost at Rs. 160.81 lakhs for the quarter and Rs. 457.15 lakhs for nine months, which dwarfs the operating revenue. The statutory auditor issued a qualified (modified) conclusion, flagging that Rs. 185 lakhs paid for release of collateral securities has been wrongly classified as 'Other Financial Assets', inflating Retained Earnings and Current Assets.
Persistent losses, negligible revenue, and heavy finance costs continue to weaken the company's financial position, which is a negative for shareholders. The qualified auditor note on asset classification adds further concern, and the stock remains a high-risk, loss-making name with no clear path to profitability visible in these numbers.