Burnpur Cement Q1 loss widens; auditor flags going concern doubts

Board approved Q1FY27 results with loss of Rs 2,156.61 lakhs versus Rs 2,074.12 lakhs loss a year ago. Zero revenue since November 2023 after UVARCL auctioned Patratu assets to UltraTech Cement. Finance cost of Rs 2,114.90 lakhs drove the loss. Management said company is not a going concern and has no operational unit. Auditor flagged going concern doubts and said tax litigation impact is unascertainable. AGM set for 22 September 2026.