CMICABLESNSECMI LimitedHighNeutral
Announced Wed, 29 Oct, 2025 · 17:55 IST
CMI approves delayed June 2024 results with Rs 351.66 lakh net loss
Price reaction
Awaiting price reaction for this filing.
AI summary
CMI Limited, whose board is suspended during insolvency proceedings, approved unaudited June 2024 quarter results on October 29, 2025. Revenue rose to Rs 1,561.22 lakh from Rs 404.58 lakh, but net loss widened to Rs 351.66 lakh from Rs 286.44 lakh. Accumulated losses of Rs 15,489.85 lakh exceed paid-up capital of Rs 1,602.74 lakh. The review flagged business continuity risks and missing records, so no review opinion was given.
Likely market impact
The loss and fully eroded net worth keep shareholder risk high; delayed reporting and weak verification add uncertainty.