Classic Filaments Ltd Announces Unaudited Quarterly Results for Q ended June 30, 2026

Classic Filaments Ltd Announces Unaudited Quarterly Results for Q ended June 30, 2026

Classic Filaments Ltd Announces Unaudited Quarterly Results for Q ended June 30, 2026​

Classic Filaments Limited reported its unaudited financial results and associated limited review reports for the quarter ending June 30, 2026. The Board of Directors reviewed and approved these consolidated and standalone results following a meeting held on July 28, 2026.

The company's management disclosed that the consolidated statement incorporates the performance of its subsidiary, Solven Power Systems Private Limited. Classic Filaments Ltd operates primarily as a wholesaler in textiles, while its subsidiary is involved in structural steel fabrication. The consolidated results were reviewed by Chartered Accountants Lakhankiya & Dosi LLP.

Consolidated Financial Performance Review​

The limited review report on the consolidated unaudited financial results was conducted in accordance with Standard on Review Engagement (SRE) 2410 of the Institute of Chartered Accountants of India (ICAI). The report affirmed that nothing came to the attention of the auditors that suggested material misstatement or non-disclosure concerning the company and its subsidiary.

The consolidated financial data for the quarter are presented below:

ParticularsQ ended 30/06/2026 (Unaudited)Previous Quarter (Q ended 31/03/2026 - Audited)Previous Year (Y ended 31/03/2025 - Audited)
Revenue from Operations1038.12N/A0.00
Total Revenue (I+II)1038.200.000.00
Total Expenses965.936.3129.37
Profit/(Loss) for the period54.54-6.31-29.37

The financial results were prepared in accordance with Indian Accounting Standard 34, 'Interim Financial Reporting' (Ind AS 34), and comply with relevant disclosure requirements.

Standalone Results Overview​

Concurrently, an independent review of the standalone unaudited financial statements for Classic Filaments Limited was completed by Lakhankiya & Dosi LLP. This limited assurance engagement focused on the Provisional Balance Sheet and the Statement of Profit and Loss for the quarter ended June 30, 2026.

The review concluded that nothing has come to the auditors' attention that suggests material misstatement or non-disclosure in the standalone results. The company operates within a single primary business segment: Wholesaler in Textiles.

Key figures from the Standalone Unaudited Results for Q ended June 30, 2026 are summarized below:

ParticularsQ ended 30/06/2026 (Unaudited)Q ended 30/06/2025 (Unaudited)
Revenue from Operations13.500.00
Total ExpensesN/A4.81
Profit/(Loss) for the period1.81-15.45

Key Financial Highlights (in Lakhs)​

The following table details key financial metrics and capital structure figures from the audited and unaudited results.

MetricConsolidated Q ended 30/06/2026Standalone Q ended 30/06/2026
Profit/(Loss) for the period54.541.81
Total Paid up Capital611.33N/A
Profit/(Loss) from Discontinued Operations (after tax)0.000.00
Earnings per share (Basic for Continuing operation)0.890.03

Stock Price Movement​

Classic Filaments Ltd settled at ₹48.36 on Monday, registering a 4.99% decline. The stock traded completely flat throughout the session, with the intraday high and low both recorded precisely at ₹48.36.
 

Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.

The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.

Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.

Last edited by a moderator:
Back
Top