Subhash Silk Mills Limited reported a widened net loss of ₹76.57 lakh for the financial year ended March 31, 2026, compared to a net loss of ₹22.06 lakh in the previous year. The company's board approved the audited financial results for the quarter and year ended March 31, 2026, on May 29, 2026, under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial Performance

Revenue from operations for FY26 stood at ₹3.06 lakh, a marginal increase from ₹2.84 lakh in FY25. Other income, however, declined significantly to ₹123.99 lakh from ₹241.86 lakh in the previous year. Total income for the year was ₹127.05 lakh, down from ₹244.70 lakh in FY25.

Total expenses for FY26 decreased to ₹202.20 lakh from ₹247.16 lakh in the preceding year. The company reported a profit before tax of ₹(75.16) lakh, compared to ₹(2.46) lakh in FY25. Tax expenses for the year totaled ₹1.41 lakh.

Quarterly and Segment Results

For the quarter ended March 31, 2026, the company reported a net loss of ₹0.08 lakh, narrowing from a loss of ₹16.01 lakh in the preceding quarter ended December 31, 2025. Income from operations for the quarter was ₹0.79 lakh, while other income stood at ₹58.29 lakh.

Balance Sheet Highlights

The company's total assets as of March 31, 2026, stood at ₹1,299.37 lakh, a decrease from ₹1,382.11 lakh as of March 31, 2025. Total equity and liabilities were ₹1,299.37 lakh, compared to ₹1,382.11 lakh in the previous year. Share capital remained unchanged at ₹404.94 lakh.

Auditor's Report

Shabbir & Rita Associates LLP, the statutory auditors, provided an unmodified opinion on the standalone financial results. The report confirmed that the results give a true and fair view of the company's financial performance for the period.

Subhash Silk Mills Limited has submitted its quarterly compliance certificate to BSE Limited as per SEBI (Depositories and Participants) Regulations, 2018. The certificate, filed on April 15, 2026, covers the quarter ended March 31, 2026, and confirms the company's adherence to dematerialization compliance requirements.

Regulatory Compliance Submission

The company submitted the mandatory Certificate as per Regulation 74(5) of Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018. This quarterly filing is a standard regulatory requirement for listed companies to ensure proper handling of securities dematerialization processes.

Dematerialization Activity Report

According to the certificate provided by Purva Sharegistry (I) Private Limited, the company's Registrar and Transfer Agent, no securities were received for dematerialization during the quarter ended March 31, 2026. The detailed report shows nil activity across all parameters including folio numbers, shareholder names, certificate numbers, and share quantities.

Compliance Confirmation

Purva Sharegistry (I) Private Limited, acting as the SEBI-registered Category 1 Registrar and Share Transfer Agent, confirmed compliance with all regulatory requirements. The RTA certified that securities comprised in certificates are listed on stock exchanges where earlier issued securities are listed, and that proper procedures would be followed for any future dematerialization requests.

The certificate was digitally signed by Paridhi Somani, Company Secretary and Compliance Officer (Membership No. A45165), ensuring authenticity and regulatory compliance. The submission was copied to both National Securities Depository Limited and Central Depository Services (India) Limited as per standard practice.

Corporate Information

Subhash Silk Mills Limited operates with its registered office at Marine Drive, Mumbai, and administrative office in CBD Belapur, Navi Mumbai. The company maintains its listing on BSE Limited under security code 530231 and continues to fulfill all regulatory obligations as a publicly listed entity.