Star Source Multitrade Limited Reports Q3 FY26 Financial Results with Revenue Drop
Star Source Multitrade Limited announced its Q3 FY26 financial results showing zero operational revenue and a net loss of ₹865.11 thousand, contrasting sharply with the previous quarter's performance. The company's nine-month results revealed a substantial net loss of ₹117,935.62 thousand despite generating ₹5,256.56 thousand in revenue during Q2 FY26.

*this image is generated using AI for illustrative purposes only.
Star source multi trade Limited (formerly Chemo Pharma Laboratories Limited) announced its unaudited financial results for the quarter and nine months ended December 31, 2025. The Board of Directors approved these results during their meeting held on February 12, 2026, at the company's registered office. The meeting commenced at 12:00 PM and concluded at 12:45 PM.
Financial Performance Overview
The company's financial performance showed significant volatility during the reporting period. The quarterly results revealed a stark contrast between Q3 FY26 and the previous quarter, with notable changes in revenue generation and profitability.
| Metric: | Q3 FY26 (Dec 2025) | Q2 FY26 (Sep 2025) | Q3 FY25 (Dec 2024) |
|---|---|---|---|
| Revenue from Operations: | ₹0.00 thousand | ₹5,256.56 thousand | ₹0.00 thousand |
| Other Income: | ₹0.00 thousand | ₹0.00 thousand | ₹(1,488.00) thousand |
| Total Revenue: | ₹0.00 thousand | ₹5,256.56 thousand | ₹(1,488.00) thousand |
| Net Profit/(Loss): | ₹(865.11) thousand | ₹980.14 thousand | ₹(1,748.00) thousand |
Revenue and Income Analysis
The company reported zero revenue from operations in Q3 FY26, marking a complete decline from the ₹5,256.56 thousand recorded in Q2 FY26. This represents a significant operational challenge as the company had no operational income during the quarter. Other income also remained at zero, contributing to the overall revenue decline.
Expense Structure
Despite the absence of revenue, the company incurred total expenses of ₹865.11 thousand during Q3 FY26. The major expense components included employee benefits expense of ₹216.00 thousand and administrative & other expenses of ₹649.11 thousand, while finance costs and depreciation remained at zero.
Nine-Month Performance
For the nine months ended December 31, 2025, Star Source Multitrade Limited reported revenue from operations of ₹5,256.56 thousand, entirely generated in Q2 FY26. However, the company recorded a substantial net loss of ₹117,935.62 thousand for the nine-month period, primarily driven by administrative and other expenses totaling ₹118,955.38 thousand.
| Parameter: | Nine Months FY26 | Nine Months FY25 |
|---|---|---|
| Revenue from Operations: | ₹5,256.56 thousand | ₹0.00 thousand |
| Total Expenses: | ₹123,399.30 thousand | ₹1,021.00 thousand |
| Net Loss/Profit: | ₹(117,935.62) thousand | ₹6,818.00 thousand |
Earnings Per Share
The company's earnings per share (EPS) reflected the financial challenges, with basic and diluted EPS of ₹(0.58) for Q3 FY26, compared to ₹0.65 in Q2 FY26. For the nine-month period, the EPS stood at ₹(78.62), significantly lower than ₹4.55 recorded in the corresponding period of the previous year.
Corporate Governance and Compliance
The financial results were reviewed by the Audit Committee and approved by the Board of Directors on February 12, 2026. The limited review report was prepared by S S R V & Associates, Chartered Accountants (Firm Registration No. 105017). The company operates as a single-segment entity with no subsidiary companies, maintaining a simplified corporate structure. The results were announced under Regulation 33 of SEBI (Listing Obligation and Disclosure Requirement) Regulations, 2015, with the company trading under Script Id 506365 and ISIN INE320M01019.
Historical Stock Returns for Star Source Multi Trade
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -2.27% | -5.98% | -30.28% | -23.93% | +33.30% | +315.09% |

































