BWL Q2 FY26 Results: Losses Widen, Negative Equity Deepens
Awaiting price reaction for this filing.
BWL Limited reported Q2 FY26 results with auditor's unmodified opinion from G Basu and Co. Revenue from operations dropped sharply to about Rs 3.11 lacs versus Rs 255.01 lacs in Q2 FY25. Half-year loss widened to Rs 18.63 lacs from Rs 9.52 lacs prior year. Equity turned more negative at Rs 1,323.99 lacs versus Rs 641.70 lacs at March 2025, indicating severe erosion. Operating cash flow swung negative to Rs 12.35 lacs from positive Rs 224.42 lacs. Auditor drew attention to footnotes with unquantifiable impact. Management noted unforeseen predicaments to be regularised by year end.
Deeply negative equity, widening losses, and negative operating cash flow raise serious concerns about the company's financial health and going concern status.