Tasty Dairy Specialities Ltd (540955)
Latest quarterly results (Q4 FY26)
In its latest reported quarter, Q4 FY26, Tasty Dairy's revenue was ₹0.0 Cr (-100.0% year on year, -100.0% on the previous quarter), and net profit ₹-0.1 Cr (a smaller loss than a year earlier).
| Q4 FY26 (₹ Cr) | Value | YoY vs Q4 FY25 | QoQ |
|---|---|---|---|
| Revenue | ₹0.0 | -100.0% | -100.0% |
| Operating profit | ₹-0.2 | loss widened | loss narrowed |
| Net profit | ₹-0.1 | loss narrowed | loss narrowed |
| EPS (₹) | -0.05 | loss narrowed | loss narrowed |
📢 Recent Corporate Announcements
Tasty Dairy Specialities, currently under Corporate Insolvency Resolution Process (CIRP), reported its Q1 FY27 results with a qualified auditor's opinion highlighting total net worth erosion and cessation of manufacturing. The Resolution Professional (RP) has received Rs 4.60 Cr as Earnest Money Deposit (EMD) from prospective bidders, currently held in a fixed deposit. Auditors have flagged that trade receivables are largely non-recoverable and assets sold by banks under SARFAESI are still incorrectly reflected in the books. With a negative net worth of Rs 35 Cr and TTM revenue of only Rs 3 Cr, the company's ability to continue as a going concern is under significant doubt.
- Rs 4.60 Cr received as Earnest Money Deposit (EMD) from prospective resolution applicants and placed in Fixed Deposits.
- Net worth stands fully eroded (Rs -35 Cr as per latest context) with all manufacturing activities ceased.
- Auditors issued a qualified opinion due to non-recoverability of trade receivables and loans/advances.
- Company has been under CIRP since October 07, 2025, following an NCLT Allahabad Bench order.
- Assets sold by lending banks under SARFAESI prior to CIRP are still reflected in Property, Plant and Equipment due to lack of documentation.
Tasty Dairy Specialities Ltd, which is currently undergoing the Corporate Insolvency Resolution Process (CIRP), has scheduled a meeting on August 11, 2026, to approve its unaudited financial results for the quarter ended June 30, 2026. The company is in a distressed financial state with a negative net worth of ₹35 Cr and a total debt of ₹50 Cr. Recent performance has been critical, with revenue dropping to zero in the March 2026 quarter. The affairs are currently managed by Resolution Professional Anish Agarwal following an order dated October 7, 2025.
- Meeting scheduled for August 11, 2026, to approve Q1 FY27 unaudited financial results.
- Company has been under Corporate Insolvency Resolution Process (CIRP) since October 7, 2025.
- TTM revenue has collapsed to ₹3 Cr compared to a debt burden of ₹50 Cr.
- Net worth remains deeply negative at ₹-35 Cr as per latest available context.
- March 2026 quarter reported ₹0.0 Cr revenue, indicating a near-total halt in operations.
Financial Performance
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