CMI Ltd Q1 FY26 results approved, company under IBC since 2023

Board approved unaudited Q1 FY26 results (quarter ended June 30, 2025). Revenue from operations was Rs 1,380.25 lakhs vs Rs 1,346.33 lakhs in Q4 FY25. Net loss narrowed to Rs 128.51 lakhs from Rs 351.66 lakhs a year ago. EPS at negative Rs 0.08. Company remains under CIRP since August 2023 after Canara Bank's Section 7 IBC petition was admitted by NCLT Delhi. Auditor flagged going concern doubts with net worth fully eroded (accumulated losses of Rs 16,375.79 lakhs) and disclaimed opinion.