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Shipping
Quarterly Result31 Oct 2026, 06:40 pm

Shahi Shipping declares Q2 & H1 FY27 results

AI Summary

Shahi Shipping Limited announced its unaudited standalone financial results for the second quarter and half-year ended September 30, 2026. The Board of Directors approved these results and the accompanying limited review report. A significant concern highlighted in the auditor's report is the company's negative net worth of ₹260.56 lakhs and accumulated losses of ₹2,603.42 lakhs as of September 30, 2026. The company also incurred a net loss of ₹61.15 lakhs during the half-year. Despite these challenges, the management is implementing measures to improve the financial position, and the Board believes the company can continue as a going concern.

Key Highlights

  • Company declared unaudited Q2 & H1 FY27 financial results.
  • Negative net worth of ₹260.56 lakhs reported.
  • Accumulated losses stand at ₹2,603.42 lakhs.
  • Net loss of ₹61.15 lakhs for the half-year.
  • Auditor notes material uncertainty regarding going concern.