Ballarpur Q1 FY27: Revenue jumps post plant restart but losses widen

Ballarpur Industries reported Q1 FY27 standalone revenue of Rs 84.47 crore versus Rs 1.83 crore year-on-year, as commercial production at its paper facility commenced in December 2025. Standalone net loss widened to Rs 30.63 crore from Rs 23.27 crore. Consolidated net loss was Rs 80.73 crore. Auditor issued a qualified opinion on standalone results and a disclaimer of conclusion on consolidated results. Material going concern uncertainty flagged in both reports. Debt-equity ratio stands at 2.75 times.