RESULT FOR QUARTER ENDED 31.12.2025
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Agio Paper & Industries reported negligible revenue from operations of Rs. 0.20 lakhs for Q3 FY26 (vs Rs. 0.10 lakhs in Q3 FY25), posting a net loss of Rs. 50.42 lakhs for the quarter. The cumulative loss for 9M FY26 widened sharply to Rs. 1,765.67 lakhs compared to Rs. 118.97 lakhs in 9M FY25, driven primarily by a one-time impairment of Rs. 1,627.54 lakhs on Capital Work in Progress (75% of book value). The company's paper factory at Bilaspur has remained shut since October 2010 due to pollution control issues, and the entire plant & machinery has already been disposed of. The statutory auditor has explicitly flagged material uncertainty about the company's ability to continue as a going concern, though the going concern basis has been maintained based on a comfort letter from a promoter group company confirming financial support.
This is a deeply negative filing — the company has had no real operations for over 15 years, is reporting large losses, and the auditor has raised a going concern warning. Shareholders face significant risk; the stock price is likely to remain under pressure, and any future revival depends entirely on the promoter group infusing funds and successfully pivoting to an alternative business.