Burnpur Cement Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2025.
Awaiting price reaction for this filing.
Burnpur Cement Limited submitted its Un-Audited Standalone Financial Results for the quarter ended June 30, 2025, approved at a board meeting held on July 25, 2025. The company reported revenue from operations of just Rs. 165.09 lakhs (flat versus Rs. 165.09 lakhs in Q1 FY25) but a steep pre-tax loss of Rs. 1,896.26 lakhs, with the loss effectively driven by an outsized finance cost of Rs. 1,816.97 lakhs on virtually no operating activity. Diluted EPS was Rs. (11.01), and paid-up equity share capital has already been slashed to Rs. 17.22 lakhs from Rs. 8,612.44 lakhs under an NCLT order dated October 30, 2024 (a ~98% reduction, confirmed by the Registrar on January 13, 2025). The statutory auditors (M/s Bhagi Bhardwaj Gaur & Co.) included an explicit Emphasis of Matter paragraph stating that the company discontinued operations in November 2023, holds only Rs. 22.90 lakhs of cash lying idle for over three years, has no operational units, faces ongoing direct and indirect tax litigations, and that management has concluded the entity is NOT a going concern.
The combination of a near-1,900 lakh loss on negligible revenue, a 98% capital cut already executed, idle cash, and an explicit non-going-concern assertion from both management and auditors points to severe financial distress with material risk of further dilution or impairment for shareholders.