Suncity Synthetics News

Suncity Synthetics Announces Q3 FY26 Results

Suncity Synthetics Limited held board meeting on February 14, 2026, approving unaudited financial results for quarter and nine months ended December 31, 2025 under regulatory compliance.

Suncity Synthetics Reports Quarterly Financial Results for Quarter Ended September 2025

Suncity Synthetics Limited's Board approved unaudited financial results for the quarter ended September 30, 2025, showing total revenue of Rs. 18.99 lakhs and total expenses of Rs. 7.87 lakhs. The synthetic waste and pet bottle waste reprocessing company maintains paid-up equity share capital of Rs. 404.58 lakhs with basic and diluted EPS of Rs. 0.03.

Suncity Synthetics Reports Loss of Rs 4.06 Lacs in Q2 FY2026

Suncity Synthetics Limited posted a net loss of Rs 4.06 lacs for the quarter ended September 30, 2025, compared to a loss of Rs 35.75 lacs in the same quarter last year. The synthetic waste and PET bottle waste reprocessing company's revenue from operations declined to Rs 8.89 lacs from Rs 52.63 lacs year-over-year, though the loss magnitude reduced significantly.

Suncity Synthetics Reports Quarterly Financial Results for Period Ended June 30, 2025

Suncity Synthetics Limited's Board of Directors approved unaudited financial results for the quarter ended June 30, 2025. The company reported total revenue of Rs. 18.89 lacs compared to Rs. 43.37 lacs in the previous quarter. Total expenses were Rs. 14.14 lacs, resulting in a profit of Rs. 5.85 lacs for the quarter. The company's earnings per share (basic and diluted) stood at Rs. 0.12. The company operates in reprocessing of synthetics waste and pet bottle waste. The results were reviewed by the audit committee and approved by the board during their meeting held on August 7, 2025.

Suncity Synthetics Proposes 98% Capital Reduction to Write Off Accumulated Losses

Suncity Synthetics Limited has proposed a capital reduction scheme to address accumulated losses of Rs 4.86 crore as of March 2024. The company plans to reduce its paid-up capital by 98% from Rs 4.95 crore to Rs 9.89 lakh by cancelling 48.46 lakh equity shares. The scheme aims to set off Rs 4.85 crore of losses against the paid-up capital, requiring NCLT approval and shareholder consent through special resolution. The company reported a loss of Rs 56.44 lakh for 2024-25 compared to a profit of Rs 12.86 lakh in the previous year. Post-reduction, the company will have 98,916 equity shares of Rs 10 each. The 37th Annual General Meeting is scheduled for August 2, 2025, to approve the proposal along with other business matters including appointment of secretarial auditors.