Sri Lakshmi Saraswathi Textiles Arni Ltd-$
Sri Lakshmi Saraswathi Textiles Arni Ltd: Q2 FY27 Unaudited Results & Auditor Concerns
RESULTS
▼ Concern Flagged
HIGH RISK
📅 Filed on BSE: 12 Nov 2026, 01:23 PM IST · BSE ID: 7632533b-7758-4b63-81c3-c8e0efd883fd
View Original BSE Filing (PDF)
💡
In Simple Terms
The company reported financial losses for the last six months, and auditors flagged concerns about its ability to continue operations.
🤖 AI Summary
- Board approved un-audited financial results for Q2 FY27 and six months ended September 30, 2026.
- Auditor's report noted material uncertainty on going concern due to Rs. 10,514.05 Lakhs accumulated losses as of March 31, 2026.
- Company reported a loss of Rs. 1,173.14 Lakhs for the half-year ended September 30, 2026.
- Significant outstanding statutory dues include Rs. 157.16 lakhs for EPF and Rs. 3.89 lakhs for ESI as of report date.
- Management cited cost control and revaluation of fixed assets as measures to generate future cash flows.
🔢 Key Numbers - exact figures from BSE filing, not rounded
Accumulated Losses (as of March 31, 2026)
Rs.10,514.05 Lakhs
Loss for Half Year ended September 30, 2026
Rs. 1,173.14 Lakhs
Outstanding EPF Dues (as of report date)
₹157.16 lakhs
Outstanding ESI Contributions (as of report date)
₹3.89 lakhs
🏢 How This Affects the Company
The company reported a loss of Rs. 1,173.14 Lakhs for the half-year ended September 30, 2026, contributing to accumulated losses of Rs. 10,514.05 Lakhs as of March 31, 2026, and a continued negative net worth. Non-remittance of statutory dues leads to recognized provisions for interest and damages, further impacting financial obligations.
The auditor's material uncertainty on going concern indicates heightened financial stability risk. Significant outstanding statutory dues, including ESI, EPF, TDS, and TCS, present regulatory compliance and legal risks, with potential for further penalties.
👥 What This Means For Shareholders
✅
Action Required
No immediate action is required from shareholders based on this filing.
👤
Who Is Affected
All shareholders are affected by the company's financial results and the auditor's concerns regarding the company's ability to continue as a going concern, linked to accumulated losses of Rs. 10,514.05 Lakhs.
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Management Signal
Management acknowledged the concerns and signaled intent to generate sufficient profits in the foreseeable future by controlling costs and revaluing fixed assets.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List - track these upcoming events
Q3 FY27 unaudited financial results — assess loss reduction progress and cash flow generation.
Statutory dues remittance updates — verify reduction of outstanding EPF, ESI, and TDS liabilities.
Auditor's report for FY27 — examine going concern opinion and statutory compliance status.
HIGH RISK
Material uncertainty related to going concern and significant outstanding statutory dues.
💡 Investor Takeaway
Sri Lakshmi Saraswathi Textiles Arni Ltd reported a Rs. 1,173.14 Lakhs loss for the half-year ended September 30, 2026. Auditors highlighted accumulated losses of Rs. 10,514.05 Lakhs as of March 31, 2026, and significant outstanding statutory dues, raising going concern questions.
⚖️ Strengths & Concerns
⚠️ Concerns
- Auditors identified a material uncertainty regarding going concern, citing accumulated losses of Rs. 10,514.05 Lakhs up to March 31, 2026.
- Outstanding statutory dues include Rs. 157.16 lakhs for EPF and Rs. 3.89 lakhs for ESI as of the report date, indicating compliance issues.
📅 Company Track Record
No previous filings found for Sri Lakshmi Saraswathi Textiles Arni Ltd to provide historical context on financial performance or operational trends. This is the first disclosed financial result.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What were Sri Lakshmi Saraswathi Textiles Arni Ltd's losses for the half-year ended September 30, 2026?
Sri Lakshmi Saraswathi Textiles Arni Ltd reported a loss of Rs. 1,173.14 Lakhs for the half-year ended September 30, 2026.
What was the accumulated loss for Sri Lakshmi Saraswathi Textiles Arni Ltd as of March 31, 2026?
The accumulated losses for Sri Lakshmi Saraswathi Textiles Arni Ltd were Rs. 10,514.05 Lakhs as of March 31, 2026.
What statutory dues are outstanding for Sri Lakshmi Saraswathi Textiles Arni Ltd as of the report date?
As of the report date, outstanding statutory dues include Rs. 157.16 lakhs for Employees' Provident Fund (EPF) and Rs. 3.89 lakhs for Employees' State Insurance (ESI).
Did the auditors raise concerns about Sri Lakshmi Saraswathi Textiles Arni Ltd's ability to continue operations?
Yes, auditors drew attention to a material uncertainty related to going concern due to accumulated losses and persistent losses over the last three years, resulting in a continued negative net worth.
Questions based on this BSE filing only. For information purposes.