Q1 FY27 results: loss widens, board okays merger with Invade Agro

Chambal Breweries reported a Q1 FY27 net loss of about Rs 4.68 lacs, wider than Rs 1.94 lacs loss a year ago, on near-zero revenue from operations (standalone turnover is nil). Total expenses were Rs 5.83 lacs, driven mainly by salaries and other expenses. Net worth fell to Rs 84.85 lacs from Rs 92.59 lacs in March 2026, and operating cash flow was negative at Rs 9.50 lacs. The board also approved a scheme to merge the company with Invade Agro Limited, which already holds 22.93 percent in Chambal. Shareholders of Chambal will get 5 shares of Invade Agro for every 2 held. The deal is a related-party transaction, backed by an independent valuation and fairness opinion, and needs NCLT and shareholder approvals.