Announced Fri, 7 Nov, 2025 · 16:59 IST
Eurotex Q2 FY26 results, going concern flag as net worth wiped out
Going ConcernRevenue DeclinePat NegativeNegative Operating CashflowResults View source PDFExplain this filing
EUROTEXIND · price
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Price reaction
Awaiting price reaction for this filing.
AI summary
Eurotex Q2 FY26 revenue about Rs 106 lakhs vs Rs 278 lakhs year ago. H1 revenue at Rs 845 lakhs versus much higher base. H1 PAT loss Rs 152 lakhs vs Rs 264 lakhs loss. Auditor Lodha & Co flagged Material Uncertainty on Going Concern as net worth fully eroded (other equity negative Rs 3619 lakhs) and Kolhapur plants shut since 2019. Promoter loans settled lender dues. Firm plans Kolhapur land development.
Likely market impact
Auditor flagged going concern uncertainty. Net worth fully eroded, plants shut. Promoter loan backstop and Kolhapur land plan offer some hope.