AP Tanneries Q1 FY27 results: plant shut, loss of Rs 3.09 lakh

Revenue declinedNet loss reportedExceptional itemResults View source PDF Explain this filing

Price reaction

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AI summary

Q1 FY27 revenue crashed to Rs 0.90 lakh from Rs 5,525.52 lakh a year ago. Plant is not in operation. Loss after tax of Rs 3.09 lakh versus Rs 1.35 lakh loss a year ago. EPS at minus Rs 0.14. Reserves deeply negative at minus Rs 1,523.26 lakhs. Exceptional item of Rs 14.50 lakh booked in FY26.

Likely market impact

Plant shutdown and plunging revenue signal severe operational and financial distress for shareholders.