Board approves Q1FY27 results; company under voluntary liquidation, interim distribution starts

Hemadri Cements, under voluntary liquidation since 14 July 2025, reported Q1FY27 results on a liquidation basis, not a going concern basis. Revenue from operations was nil, with only Rs 7.36 lakh of other income against total expenses of Rs 67.44 lakh. Net loss came in at Rs 60.08 lakh versus Rs 286.56 lakh loss a year ago. Auditor flagged an emphasis of matter on the liquidation process. BSE trading in shares has been suspended since 24 November 2025. Assets were partly e-auctioned under IBC 2016, creditors were paid in February 2026, and in July 2026 the Liquidator started interim distribution to equity shareholders at face value of Rs 10 per share.