Latest news about Sheshadri Industries
Sheshadri Industries
18.80
-0.54(-2.79%)
Company Performance:
View Company Insights1D-2.79%
1M+12.17%
6M+17.13%
1Y-10.48%
5Y0.00%
More news about Sheshadri Industries
28Jan 26
Sheshadri Industries Reports 20.5% Revenue Decline in Q3FY26 Results
Sheshadri Industries Limited reported Q3FY26 results showing a 20.5% decline in revenue from operations to ₹682.95 lakhs and a 37.2% drop in net profit to ₹100.49 lakhs compared to the same quarter last year. The nine-month period was impacted by exceptional items of ₹225.01 lakhs, primarily export duty credit write-offs. Despite accumulated losses of ₹1,803.47 lakhs, the company maintains a going concern basis considering its property values. The auditors issued a qualified review due to unprovided interest on statutory dues worth ₹29.69 lakhs.
14Nov 25
Sheshadri Industries Reports Quarterly Results Amid Financial Challenges
Sheshadri Industries Limited reported a profit of ₹21.14 crore for Q2 2025, despite accumulated losses of ₹1,903.96 lakh. The company disclosed exceptional items totaling ₹225.01 lakh, including an Export Duty Credit write-off and GST demands. Despite current liabilities exceeding assets, management continues operations citing the value of immovable properties. Auditors issued a qualified conclusion, noting unprovided interest on unpaid TDS dues of ₹28.11 lakh. The company's total assets stand at ₹3,085.10 lakh, with negative equity of ₹1,069.16 lakh.
05Sept 25
Sheshadri Industries Reports Quarterly Profit Amid Financial Challenges
Sheshadri Industries Limited reported a profit of Rs. 415.16 lakhs for Q2 FY2022, compared to a loss of Rs. 160.31 lakhs in Q2 FY2021. Revenue increased to Rs. 3,380.39 lakhs from Rs. 3.26 lakhs. However, the company faces significant financial challenges, including accumulated losses of Rs. 4,148.55 lakhs, negative net worth of Rs. 3,312.75 lakhs, and current liabilities exceeding current assets by Rs. 4,333.37 lakhs. Auditors raised concerns about the company's ability to continue as a going concern, interest provisions on bank loans, and statutory dues issues. Management has received comfort letters from promoters assuring continued financial support.
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1,109.10
(-1.61%)
207.68
(-1.34%)
795.70
(+1.43%)
52.88
(-4.96%)
472.10
(-2.28%)
43.28
(+0.49%)
67.83
(-1.48%)
1,459.60
(-1.69%)
7,800.00
(0.0%)
203.06
(-1.21%)
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