Gammon India Q1 FY27: Auditors flag going concern doubts; standalone loss at Rs 289 Cr

Gammon India Q1FY27 standalone loss at Rs 288.77 Cr on revenue of just Rs 1.87 Cr. Finance costs alone Rs 201.22 Cr. Auditor issued qualified conclusion citing Rs 923 Cr penal interest dispute, Rs 10 Cr claims uncertainty, and subsidiary Ansaldo Caldaie RBI non-compliance of Rs 16.64 Cr. Material going concern doubt flagged - current liabilities exceed current assets by Rs 12,989 Cr, loans recalled since 2017, equity trading suspended, winding-up petitions filed. Recovery dependent on debt resolution with asset reconstruction companies.