Standard Batteries Limited reported a net loss of ₹13.66 lakh for the quarter ended June 30, 2026 (Q1FY26), compared to a net loss of ₹13.61 lakh in the corresponding period of the previous fiscal year. The company recorded zero revenue from operations during the quarter, marking a continuation of its non-operational status regarding core trading activities.

The Board of Directors approved the unaudited financial results at a meeting held on August 12, 2026, in Kolkata. The results were reviewed by the Audit Committee and signed off by Director Radir Bhar. Statutory auditors V. Singhi & Associates issued a limited review report with an unmodified opinion, confirming that the financial statements comply with Indian Accounting Standards (Ind AS) and SEBI Listing Regulations.

Financial Performance

The company’s total income for the quarter stood at ₹0.08 lakh, derived entirely from other income, which includes interest or miscellaneous receipts. This is a decline from ₹0.24 lakh reported in Q1FY25. Despite the negligible income, the company incurred total expenses of ₹13.74 lakh, leading to a pre-tax loss of ₹13.66 lakh.

Employee benefits expense accounted for ₹6.58 lakh, while other expenses stood at ₹7.16 lakh. There were no finance costs or depreciation charges recorded for the quarter. The net loss per equity share was ₹0.26, unchanged from the previous quarter and year-ago period.

What the Numbers Show

The financial data reveals a structural dependency on non-operating income to offset minimal fixed costs, though this mechanism is currently insufficient. With zero revenue from operations, the company’s core business segment—identified as trading of steel products—generated no economic activity during the quarter. The near-parity between current expenses (₹13.74 lakh) and prior-year figures (₹13.85 lakh) indicates stable fixed cost outflows despite the absence of top-line growth. Furthermore, the company has not recognized any deferred tax assets due to unabsorbed depreciation and carry-forward losses, citing insufficient future taxable income prospects.

Balance Sheet and Regulatory Compliance

As of the end of Q1FY26, the company’s paid-up equity share capital remained at ₹51.71 lakh. Reserves excluding revaluation reserves stood at ₹44.10 lakh as of March 31, 2026. The company stated that segment reporting requirements under Ind AS 108 are not applicable as it operates in a single business segment. All previous period figures have been regrouped where necessary to align with current period classifications.

Standard Batteries Limited will close its register of members and share transfer books from August 19, 2026, to August 25, 2026, to facilitate its 79th Annual General Meeting (AGM). The closure affects all equity share transfers during this period, ensuring only eligible members as of the record date can vote at the meeting. This procedural step is critical for shareholders holding physical or demat shares, as any transfers initiated after the closure start date will not be reflected in time for voting rights.

The AGM is scheduled to be held on Tuesday, August 25, 2026, at 11:30 a.m. via video conferencing (VC) and other audio-visual means (OAVM). The Board of Directors has already dispatched the notice of the AGM to eligible members on August 3, 2026. Additionally, the notice was published in newspapers on August 5, 2026, in compliance with regulatory requirements.

Key Dates for Shareholders

The closure period includes both the start and end dates, meaning no share transfers will be processed from Wednesday, August 19, through Tuesday, August 25. Shareholders intending to sell their stakes must ensure transactions are completed before the closure begins to avoid missing the voting deadline.

This action is taken pursuant to Section 91 of the Companies Act, 2013, and Regulation 30 and 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company secretary and compliance officer, Hiren U. Sanghavi, has signed off on the notice, confirming adherence to statutory norms.

Investors should note that while the register is closed for transfers, trading on stock exchanges may continue until the market hours on the day preceding the AGM, depending on exchange-specific rules regarding corporate actions. However, beneficial ownership changes will not be recognized for voting purposes if they occur after the closure date.