Stardust Power FY 2025 net loss narrows 34.03% to USD 15.7 million as loss per share falls 61.62% to USD 2.13

Reuters03-18 05:00

<a href="https://laohu8.com/S/SDST">Stardust Power</a> FY 2025 net loss narrows 34.03% to USD 15.7 million as loss per share falls 61.62% to USD 2.13

Stardust Power published a press release with preliminary FY 2025 results and an update on its Muskogee, Oklahoma lithium refinery project. FY 2025 net loss narrowed 34.03% to USD 15.7 million, which the company attributed mainly to lower financing charges and reduced general and administrative expenses. FY 2025 loss per share was USD 2.13, down 61.62%, driven primarily by lower finance charges for short-term loans and lower general and administrative costs. Cash and cash equivalents were USD 3.5 million as of Dec. 31, 2025, while net cash used in operating activities was USD 8.3 million. Roshan Pujari said the company completed its FEL-3 engineering study with estimated Phase I capex of about USD 500 million and expects Phase I to produce up to 25,000 metric tons per year of battery-grade lithium carbonate.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Stardust Power Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202603171700PRIMZONEFULLFEED9673803) on March 17, 2026, and is solely responsible for the information contained therein.

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