The Board of Directors of SEL Manufacturing Company Limited, in their meeting held on May 28, 2026, approved the audited financial results for the quarter and year ended March 31, 2026. The company reported a net loss of Rs. 4,186.00 lakhs for the quarter ended March 31, 2026. A comparative analysis of revenue and profit against the previous quarter and the corresponding quarter of the previous year is presented below:

ParticularsQuarter Ended 31/03/2026 (Rs. Lakhs)QoQ Change (%)YoY Change (%)
Net Revenue231.65+12.92%-18.48%
Net Profit/Loss(4,186.00)-2.73%-4.51%

SEL Manufacturing Company Limited, based in Ludhiana, Punjab, is primarily engaged in the textiles business. The company underwent a corporate insolvency resolution process that concluded in the financial year 2020-21 with a change in the board of directors. Currently, the company faces significant financial distress, with many of its manufacturing units remaining non-operational throughout the year, leading the management to initiate job work activities to sustain operations. The company has also reported defaults in repayment of loan installments and interest obligations, and the auditors have highlighted a material uncertainty regarding its ability to continue as a going concern.

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