Announced Thu, 13 Aug, 2026 · 13:12 IST
Q1 FY26-27 Results: Revenue drops 76% YoY, loss widens
Price
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Price reaction
Awaiting price reaction for this filing.
AI summary
Revenue from operations fell to 50.00 lakhs in Q1 FY26-27 from 209.36 lakhs in Q1 FY25-26, a drop of about 76% year on year. The company posted a loss after tax of 21.34 lakhs versus a loss of 16.89 lakhs in the same quarter last year. Full year FY25-26 loss was 160.43 lakhs. The company mainly trades in Okume veneer and has no subsidiaries. EPS was negative 0.45.
Likely market impact
Sustained losses and sharp revenue decline signal weak business momentum. Caution warranted for retail investors.