BSEAshoka Refineries LtdHighNeutral
Announced Thu, 13 Aug, 2026 · 16:29 IST
Ashoka Refineries Q1 FY27 results: loss reported, board approves re-appointments
Price reaction
Awaiting price reaction for this filing.
AI summary
Ashoka Refineries reported a loss in Q1 FY27 ending June 30, 2026. Revenue from operations was nil; other income of about Rs 364 lakhs formed total income against total expenses of about Rs 1550 lakhs, resulting in a loss and EPS of negative Rs 0.05. Statutory auditor gave an unqualified opinion. Board also re-appointed the Internal Auditor for FY 2026-27 and Mr. Aditya Sharma as Independent Director for a second 5-year term, subject to shareholder approval.
Likely market impact
Continued losses with no operating revenue raise concerns about the business model; re-appointments are routine.