Visagar Polytex Limited has informed the Exchange regarding Outcome of the Board meeting held on August 13, 2025.
VIVIDHA · price
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Visagar Polytex Limited's board approved the unaudited financial results for Q1 FY26 (quarter ended June 30, 2025). The company reported revenue from operations of Rs. 10.85 lakh compared to nil in the same quarter last year, but total expenses surged to Rs. 70.47 lakh (vs Rs. 44.67 lakh in Q1 FY25), driven by higher depreciation, other expenses, and finance costs. Consequently, the net loss widened to Rs. 59.62 lakh from Rs. 44.67 lakh in the year-ago quarter, with EPS remaining at Rs. (0.02). The board also appointed Mr. Vikasjeet Singh as an Additional Director (Non-Executive, Non-Independent), effective August 13, 2025, and adopted the insider trading code and fair disclosure code as required under SEBI regulations.
The widened quarterly loss and negligible revenue base highlight ongoing operational stress for shareholders, though the small revenue uptick suggests early signs of business activity. The new director appointment and compliance updates are routine governance actions and unlikely to materially move the stock.