September quarter loss Rs 25.54 lakh; insolvency process continues
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The court-appointed Resolution Professional filed unaudited September 2026 results after the National Company Law Tribunal admitted the company's insolvency process in September 2024. The quarter saw a net loss of Rs 25.54 lakh and loss per share of Rs 0.14; the half-year loss was Rs 49.54 lakh. The auditor raised doubt about the company's ability to continue operating. The Motihari sugar mill remains closed and borrowings are Rs 5,583.90 lakh.
Persistent losses, a qualified review and ongoing insolvency create high risk; shareholder recovery depends mainly on the resolution process.