BSEFutura Polyesters LtdHighNeutral
Announced Tue, 8 Sept, 2026 · 18:50 IST
Delayed June 2024 results, auditor flags going concern
Going ConcernQualified OpinionPat NegativeDebt Equity ThresholdResults View source PDFExplain this filing
Price reaction
Awaiting price reaction for this filing.
AI summary
Futura Polyesters filed Q1 FY25 results (June 2024 quarter) over 2 years late. Shares under trading suspension. Auditor issued a qualified review flagging understated finance costs, NPA borrowings, fully eroded net worth, and ongoing losses, raising going concern doubts. Q1 loss of Rs 142.08 lakhs from discontinued operations. Manufacturing shut since December 2012. Company paid Rs 243.45 crore one-time settlement to lenders in June 2025.
Likely market impact
Multiple red flags: qualified audit, going concern doubts, persistent losses, trading suspension. Stock remains high risk.