The Financial Deep Dive
SEL Manufacturing Company Limited’s unaudited financial results for the quarter and nine months ended December 31, 2025, paint a grim picture of escalating financial distress. In the third quarter of fiscal year 2026, the company reported a net loss of ₹4,074.91 lakhs, a concerning 154.9% increase year-on-year from the ₹1,598.72 lakhs loss in the prior year’s equivalent quarter. This significant deterioration in profitability was accompanied by a sharp decline in revenue from operations, which fell by 54.6% YoY to ₹205.14 lakhs, down from ₹452.19 lakhs.
The Quality & The Grill: The accompanying Limited Review Report from Kamboj Malhotra & Associates, Chartered Accountants, is…