Patspin India Ltd Reports Q3 and Nine Months Results for 2025: Loss of ₹ 860 Lakhs

Patspin India Ltd, a company engaged in the yarn segment, has reported its unaudited standalone financial results for the quarter and nine months ended 31st December 2025. The company incurred a net loss of ₹ 321 lakhs and ₹ 860 lakhs for the quarter and nine months ended respectively. The company's accounts with lenders were classified as sub-standard due to irregularity in debt servicing, indicating a material uncertainty that may cast significant doubt on its ability to continue as a going concern. However, the company has submitted a new resolution plan to restructure outstanding debts with moratorium for interest and WCTL installment payments, and reduction in rate of interest, which is under consideration by the bankers.