Futura Polyesters Q1 FY23 results: qualified opinion, going concern doubt

Futura Polyesters filed Q1 FY23 results (ended June 2022) with a 4-year delay; shares are under trading suspension. Operations discontinued since Dec 2012. Q1 FY23 loss from discontinued ops: Rs. 135.19 lakhs vs Rs. 138.90 lakhs year-ago. Auditor issued qualified conclusion, noting finance costs may be understated (borrowings are NPAs). Going concern doubt flagged due to eroded net worth and overdue liabilities. Company paid Rs. 243.45 crores OTS to lenders in June 2025.