Please find attached revised Unaudited Financial Results for HYE Sept 30, 2025. Please take note that there is no change in any figure in comparison to last submission, but has inserted ....
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Awaiting price reaction for this filing.
Benara Bearings and Pistons Ltd has resubmitted its unaudited half-yearly results for the period ended September 30, 2025, with changes only to standalone figures due to typo corrections; consolidated numbers are unchanged. Revenue from operations fell sharply to Rs 289.12 lakhs from Rs 502.10 lakhs in the same period last year. The company reported a net loss of Rs 629.58 lakhs (standalone) and Rs 629.68 lakhs (consolidated), with reserves turning sharply negative at Rs -3,237.10 lakhs standalone and Rs -3,374.85 lakhs consolidated. Borrowings have been classified as Non-Performing Assets (NPAs) and the company is negotiating a One-Time Settlement (OTS) with lenders. The statutory auditor issued a Disclaimer of Opinion citing seven unresolved matters including negative net worth, cash losses of Rs 106.45 lakhs, ongoing going-concern uncertainty, and large contingent liabilities of Rs 8,678.59 lakhs (income tax) and Rs 911.07 lakhs (GST) that have not been provided for.
This is a deeply negative filing — shareholders should note the company is loss-making, has a negative net worth, is in financial distress with NPA-tagged loans, and faces massive contingent tax liabilities. The auditor's disclaimer of opinion signals very high risk and the stock is likely to remain under significant pressure.