Board approves Q4 FY16 results; flags going concern doubts

Mysore Paper Mills Board approved Q4 FY16 unaudited results on June 30, 2026, reporting a loss of about Rs 20.23 crore for the quarter and Rs 74.51 crore for the full year. Q4 revenue declined to Rs 16.23 crore from Rs 17.69 crore year-on-year. Auditors issued a disclaimer of opinion and flagged going concern doubts. Karnataka Government plans to lease out mill operations to a private party due to continuous losses.