Eurotex Q1 FY27: loss widens, going concern uncertainty flagged
EUROTEXIND · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 2.0 pts more than Nifty Microcap 250 and 1.7 pts more than its Residential Commercial Projects peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Eurotex posted a Q1 FY27 net loss of Rs 131.27 lakhs versus Rs 87.04 lakhs loss in Q1 FY26. Revenue from operations fell to Rs 1.85 lakhs from Rs 4.43 lakhs. Auditor Lodha and Co flagged material going concern uncertainty since net worth is fully eroded and Kolhapur plants remain shut since 2019. An emphasis of matter notes Supreme Court orders against the company for electricity dues of about Rs 1986 lakhs, with review petitions pending.
Negative - widened losses, eroded net worth, pending Supreme Court liability risk, and going concern flag all weigh on the stock.