Announced Tue, 15 Sept, 2026 · 16:40 IST
CMI Limited Q3 FY26 results: Revenue plunges, net worth fully eroded
Going ConcernQualified OpinionEmphasis Of MatterRevenue DeclinePat NegativeContingent Liabilities IncreasedResults View source PDFExplain this filing
CMICABLES · price
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Price reaction · full curve 14 horizons · vs prior close
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AI summary
CMI Limited, under insolvency resolution since 2023, posted Q3 FY26 revenue of Rs 1,185 lakhs, plunging from Rs 4,400 lakhs a year ago. Net loss narrowed to Rs 179 lakhs vs Rs 818 lakhs. For nine months, total income fell to Rs 5,808 lakhs from Rs 9,084 lakhs. Accumulated losses of Rs 17,043 lakhs have fully eroded the net worth. Auditor disclaimed opinion, flagging going concern doubts and inability to verify key records.
Likely market impact
Auditor disclaimed opinion, going concern in doubt. Revenue collapsed. Net worth fully eroded. Outcome of IBC process will determine survival.