GAMMONINDNSEGammon India Limited· ConstructionHighNeutral
Announced Mon, 12 Oct, 2026 · 15:57 IST
Gammon India Q2 FY26 results: auditor flags going concern uncertainty
Going ConcernQualified OpinionEmphasis Of MatterPat NegativeExceptional ItemNegative Operating CashflowResults View source PDFExplain this filing
Price reaction
Awaiting price reaction for this filing.
AI summary
Gammon India filed Q2/H1 FY26 results. Standalone loss Rs 603.18 crore; consolidated loss Rs 671.53 crore. Auditors gave a qualified report citing disputed claims of Rs 30 crore and lender penal interest of Rs 862.22 crore. Going concern material uncertainty flagged: liabilities exceed assets by over Rs 12,000 crore, company is NPA since 2017, equity deeply negative, winding up petitions filed, resolution plan stalled. Trading suspended.
Likely market impact
Stock suspended. Company faces severe distress, unresolved debt and stalled resolution plan. Shareholders at high risk of dilution or wipeout.