GAMMONINDNSEGammon India Limited· ConstructionHighNeutral
Announced Mon, 12 Oct, 2026 · 13:03 IST
Gammon India Q1 FY25 revised results: huge loss and going concern flag
Going ConcernQualified OpinionEmphasis Of MatterPat NegativeRevenue DeclineExceptional ItemResults View source PDFExplain this filing
Price reaction
Awaiting price reaction for this filing.
AI summary
Gammon India posted revised consolidated Q1 FY25 (June 2024) results: loss after tax of Rs 315.82 Crore vs Rs 307.08 Crore loss YoY. Revenue fell to Rs 7.26 Crore from Rs 14.83 Crore. Auditor issued a qualified report citing disputed claims of Rs 30 Crore and Rs 713.50 Crore in unrecorded penal interest. Going concern faces material uncertainty as current liabilities exceed current assets by Rs 11,612.76 Crore. Lenders yet to approve resolution plan.
Likely market impact
Severe financial distress. Going concern doubts, qualified audit, and suspended share trading raise material risk for shareholders.