Standard Shoe Sole And Mould (India) Ltd. Reports Q3 FY26 Net Loss of ₹0.69 Lakh
Standard Shoe Sole And Mould (India) Ltd. reported a net loss of ₹0.69 lakh for Q3 FY26 ended December 31, 2025, showing sequential improvement from ₹1.33 lakh loss in the previous quarter. The company recorded zero revenue with total expenses of ₹0.69 lakh. For nine months FY26, the cumulative loss of ₹6.88 lakh represents a 44.3% improvement over the previous year's ₹12.35 lakh loss. The company maintains equity capital of ₹518.15 lakh.
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Standard Shoe Sole And Mould (India) Ltd. has announced its unaudited standalone financial results for the quarter and nine months ended December 31, 2025. The company reported a net loss of ₹0.69 lakh for the third quarter of FY26, showing a sequential improvement from the ₹1.33 lakh loss recorded in the previous quarter ended September 30, 2025. However, this represents a marginal improvement compared to the ₹1.36 lakh loss reported in the corresponding quarter of the previous year.
Financial Performance Overview
The company's financial performance for the quarter reflects operational challenges with zero revenue generation across all periods. Despite the absence of revenue from operations, the company incurred operational expenses that contributed to the quarterly loss.
| Financial Metric | Q3 FY26 | Q2 FY26 | Q3 FY25 |
|---|---|---|---|
| Revenue from Operations | - | - | - |
| Total Expenses | ₹0.69 lakh | ₹1.33 lakh | ₹1.36 lakh |
| Net Loss | ₹(0.69) lakh | ₹(1.33) lakh | ₹(1.36) lakh |
| Basic EPS | ₹(0.01) | ₹(0.03) | ₹(0.03) |
Expense Analysis
The company's total expenses for Q3 FY26 amounted to ₹0.69 lakh, representing a significant reduction from ₹1.33 lakh in the previous quarter. The expense structure comprised employee benefit expenses of ₹0.50 lakh and other expenses of ₹0.19 lakh. This marks a notable decrease in both categories compared to the previous quarter, where employee benefit expenses were ₹0.99 lakh and other expenses were ₹0.34 lakh.
Nine-Month Performance
For the nine months ended December 31, 2025, Standard Shoe Sole And Mould (India) Ltd. reported improved performance compared to the corresponding period in the previous year. The company's cumulative net loss for the nine-month period was ₹6.88 lakh, significantly lower than the ₹12.35 lakh loss recorded in the nine months ended December 31, 2024.
| Nine-Month Metrics | FY26 (9M) | FY25 (9M) | Change |
|---|---|---|---|
| Total Expenses | ₹6.88 lakh | ₹12.35 lakh | -44.3% |
| Net Loss | ₹(6.88) lakh | ₹(12.35) lakh | -44.3% |
| Basic EPS | ₹(0.13) | ₹(0.24) | Improvement |
Corporate Governance and Compliance
The financial results were reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on February 13, 2026. The meeting commenced at 14:00 p.m. and concluded at 17:15 p.m. S. Daga & Co., Chartered Accountants, conducted a limited review of the unaudited financial results as required under Regulation 33 of the SEBI Listing Regulations. The company maintains a paid-up equity share capital of ₹518.15 lakh with a face value of ₹10 per share, which has remained consistent across all reported periods.
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