Visagar Polytex Q2 FY26 results: revenue Rs 10.85 L, loss per share Rs 0.03

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On the reaction day the stock moved 0.9 pts less than Nifty Microcap 250 and 0.8 pts less than its Garments & Apparels peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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AI summary

Visagar Polytex reported Q2 FY26 revenue of Rs 10.85 lakh versus nil in the year-ago quarter. Half-yearly revenue was Rs 10.85 lakh with other income of Rs 0.49 lakh. Loss per share stood at Rs 0.03 for both the quarter and half year. Borrowings are Rs 613.43 lakh against total equity of just Rs 23.39 lakh, with accumulated losses of Rs 3,025.42 lakh. Auditor Bhatter and Associates issued an unmodified limited review report.

Likely market impact

Persistent losses, deeply negative reserves and very thin equity versus high borrowings signal continued financial weakness despite revenue starting to flow in.