CMICABLESNSECMI LimitedHighNeutral
Announced Fri, 7 Nov, 2025 · 18:01 IST
CMI's FY25 results qualified amid ongoing insolvency process
Going ConcernQualified OpinionEmphasis Of MatterRevenue Growth 20pctPat NegativeNegative Operating CashflowResults View source PDFExplain this filing
Price reaction
Awaiting price reaction for this filing.
AI summary
CMI's audited FY25 revenue rose to Rs 574.62 crore from Rs 29.08 crore, but net loss widened to Rs 11.03 crore from Rs 8.33 crore. Net worth was negative Rs 146.44 crore and operating cash flow was negative. The auditor qualified the results due to going-concern risk and missing audit evidence. CMI remains in the corporate insolvency process, with no approved resolution plan and a liquidation plea pending.
Likely market impact
The qualified audit, negative net worth and pending liquidation plea point to high downside and recovery risk for shareholders.