Subhash Silk Mills Ltd. submitted its unaudited financial results for the quarter ended September 30, 2026 to BSE Limited in compliance with SEBI Regulation 33. The results were approved by the Board of Directors at their meeting held on November 14, 2026, and received by the Audit Committee.

Financial Performance (Quarter Ended September 30, 2026)

  • Revenue from Operations: ₹1.13 lakhs (compared to ₹0.88 lakhs in Q1 FY2026 and ₹0.75 lakhs in Q2 FY2025)
  • Other Income: ₹56.99 lakhs (compared to ₹63.35 lakhs in Q1 FY2026 and ₹11.52 lakhs in Q2 FY2025)
  • Total Revenue: ₹58.12 lakhs (compared to ₹64.23 lakhs in Q1 FY2026 and ₹12.28 lakhs in Q2 FY2025)
  • Total Expenses: ₹44.14 lakhs (compared to ₹64.67 lakhs in Q1 FY2026 and ₹48.22 lakhs in Q2 FY2025)
  • Profit Before Tax: ₹13.98 lakhs (compared to loss of ₹0.44 lakhs in Q1 FY2026 and loss of ₹35.94 lakhs in Q2 FY2025)
  • Net Profit/(Loss): Loss of ₹4.21 lakhs (compared to profit of ₹8.40 lakhs in Q1 FY2026 and loss of ₹30.35 lakhs in Q2 FY2025)
  • Earnings Per Share (Basic): (₹0.10) (compared to ₹0.20 in Q1 FY2026 and (₹0.72) in Q2 FY2025)
  • Earnings Per Share (Diluted): (₹0.10) (compared to ₹0.20 in Q1 FY2026 and (₹0.72) in Q2 FY2025)

Year-to-Date Performance (April-September 2026)

  • Revenue from Operations: ₹2.01 lakhs (compared to ₹1.49 lakhs in YTD September 2025)
  • Other Income: ₹120.34 lakhs (compared to ₹32.29 lakhs in YTD September 2025)
  • Total Revenue: ₹122.35 lakhs (compared to ₹33.78 lakhs in YTD September 2025)
  • Total Expenses: ₹108.81 lakhs (compared to ₹101.60 lakhs in YTD September 2025)
  • Profit Before Tax: ₹13.54 lakhs (compared to loss of ₹67.82 lakhs in YTD September 2025)
  • Net Profit: ₹4.19 lakhs (compared to loss of ₹60.48 lakhs in YTD September 2025)

Full Year Comparison (FY2026 YTD vs FY2025 Annual)

  • FY2025 Annual Audited Results showed Net Loss of ₹76.57 lakhs on Total Revenue of ₹127.05 lakhs

Expense Breakdown (Quarter Ended September 30, 2026)

  • Employee Benefit Expenses: ₹8.34 lakhs
  • Finance Cost: ₹0.75 lakhs
  • Depreciation and amortization expenses: ₹9.57 lakhs
  • Administrative and Other Expenses: ₹24.54 lakhs
  • Change in Inventories: ₹0.93 lakhs

Tax Expenses (Quarter Ended September 30, 2026)

  • Current Tax: (₹0.74) lakhs
  • Deferred Tax: ₹18.93 lakhs

Balance Sheet Position (as at September 30, 2026)

  • Total Assets: ₹1,301.65 lakhs (compared to ₹1,299.37 lakhs as at March 31, 2026)
  • Property, Plant and Equipment: ₹1,225.09 lakhs
  • Inventories: ₹12.76 lakhs
  • Trade Receivables: ₹36.85 lakhs
  • Cash and Cash Equivalents: ₹6.79 lakhs
  • Current Tax Assets: ₹13.98 lakhs
  • Other Current Assets: ₹3.31 lakhs
  • Equity Share Capital: ₹404.94 lakhs (Face Value ₹10 per share)
  • Other Equity: ₹550.76 lakhs
  • Non-Current Liabilities: ₹242.75 lakhs (including Long Term Borrowings of ₹33.45 lakhs)
  • Current Liabilities: ₹103.20 lakhs (including ₹96.81 lakhs due to Micro and Small Enterprises)

Cash Flow Statement (Year-to-Date September 2026)

  • Net Cash Flow from Operating Activities: (₹91.00) lakhs
  • Net Cash Flow from Investing Activities: ₹113.99 lakhs
  • Net Cash Flow from Financing Activities: (₹19.15) lakhs
  • Net Cash Flow during period: ₹3.84 lakhs
  • Cash and Cash Equivalents at beginning: ₹2.95 lakhs
  • Cash and Cash Equivalents at end: ₹6.79 lakhs

Limited Review Report

Shabbir & Rita Associates LLP, Chartered Accountants (FRN: 109420W), issued a limited review report stating that nothing has come to their attention that causes them to believe the financial results contain any material misstatement. The review was conducted in accordance with Standard on Review Engagements (SRE) 2410 issued by ICAI.

Accounting Standards

The financial results have been prepared in accordance with the Companies (Indian Accounting Standard) Rules 2015 (Ind AS) prescribed under section 133 of the Companies Act, 2013, and Indian Accounting Standard 34 "Interim Financial Reporting".