Fraser and Company News

Fraser & Company Reports Q3 FY26 Loss of Rs 1.51 Million

Fraser & Company Limited posted a net loss of Rs 1.51 million for Q3 FY26, with total income rising to Rs 10.12 million. The board also approved salary hike for director.

Fraser and Company Reports Net Loss and Appoints Independent Director

Fraser and Company Limited reported a net loss of Rs. 1.00 million for the quarter ended September 30, 2025, with minimal sales of Rs. 2.58 million and appointed Ms. Rekha Naraniwal Rani as Additional Independent Director effective November 14, 2025. The company faces going concern uncertainties due to accumulated losses, suspended trading on CSE, and ongoing litigation, though management remains optimistic about revival through residential projects and debt reduction.

Fraser and Company Reports Net Loss of Rs 0.91 Million in Q1 FY2026, Independent Director Resigns

Fraser and Company Limited reported a net loss of Rs 0.91 million for the quarter ended June 30, 2025, compared to a loss of Rs 1.10 million in the same period last year. Total income from operations remained minimal at Rs 0.01 million. The company operates in construction and real estate materials supply segment. Mr. Durgaprasad Dattaram Prabhu resigned as Independent Director effective July 22, 2025, citing pursuit of employment opportunities. The board reconstituted multiple committees including Audit Committee, Stakeholder Relationship Committee, and Nomination and Remuneration Committee. The company has filed NCLT applications against parties covering receivables of Rs 61.24 million and Rs 11.75 million. Management remains optimistic about revival citing residential project exits and debt reduction, despite accumulated losses and negative net current asset position. The company is suspended from trading on Calcutta Stock Exchange Limited.