Burnpur Cement Q1 loss widens; auditor flags going concern doubts

Burnpur Cement reported a Q1 FY27 loss of Rs 21.57 crore versus Rs 18.96 crore loss a year ago, with zero revenue as operations remain shut since November 2023 when UVARCL sold the Patratu plant to Ultratech. Finance cost of Rs 21.15 crore drove the loss. The auditor added an Emphasis of Matter noting significant going concern doubts; management confirmed the company is not a going concern and is exploring mergers or strategic deals. AGM set for September 22, 2026.