Approval of Un-Audited Financial Results for the quarter and three months ended 30th June, 2025
Awaiting price reaction for this filing.
BKM Industries' board approved its Q1 FY26 (ended 30 June 2025) standalone and consolidated unaudited results on 13 August 2025. Revenue from operations was just Rs 1.68 lakhs, flat year-on-year, while other income collapsed from Rs 224.20 lakhs to Rs 0.19 lakhs, pulling total income down to Rs 1.68 lakhs vs Rs 20.60 lakhs a year ago. Total expenses stood at Rs 80.54 lakhs, with finance costs doubling to Rs 32.51 lakhs, leading to a net loss of Rs 80.34 lakhs (vs loss of Rs 71.42 lakhs in Q1 FY25) and an EPS of Rs (6.50). The notes explicitly state the company was in the insolvency process, its manufacturing activities were not operational, and revenue came only from sale of existing stocks. Auditor Prabhat & Co. issued an unmodified limited review report on both standalone and consolidated results.
This is a deeply negative update for shareholders — the company is loss-making, non-operational at the manufacturing level, dependent on liquidation of old stock, and under insolvency proceedings (NCLT/COC-driven recasting of share capital and assets). The going-concern situation is severe, and equity value remains highly uncertain; small-cap investors should treat this as a high-risk situation with potential for significant dilution or restructuring losses.