GAMMONINDNSEGammon India Limited· ConstructionHighNeutral
Announced Mon, 12 Oct, 2026 · 13:53 IST
Gammon India H1 FY25: Rs 526 cr loss, going concern flagged
Going ConcernQualified OpinionEmphasis Of MatterPat NegativeExceptional ItemDebt Equity ThresholdResults View source PDFExplain this filing
Price reaction
Awaiting price reaction for this filing.
AI summary
Gammon India reported a standalone loss after tax of Rs 525.87 crore for H1 FY25, with Q2 loss at Rs 261.68 cr. Revenue was just Rs 12.61 cr for the half year. Auditor Natvarlal Vepari issued a qualified review citing Rs 30 cr claims uncertainty and Rs 743 cr cumulative penal interest. Going concern has material uncertainty as current liabilities exceed current assets by Rs 10,935 cr. Equity trading is suspended.
Likely market impact
Severe going concern risk, huge losses continue, qualified auditor opinion. Stock already suspended. Lenders not approving resolution plan.