GFSTEELSNSEGrand Foundry LimitedHighNeutral
Announced Thu, 13 Nov, 2025 · 16:48 IST
Grand Foundry Q2 FY26 results show losses, negative net worth, GSM Stage 3 flag
Going-concern doubtEmphasis of matterNet loss reportedNegative operating cash flowResults View source PDFExplain this filing
Price reaction
Awaiting price reaction for this filing.
AI summary
Grand Foundry Limited reported unaudited Q2 and H1 FY26 results ended September 30, 2025. Net loss of 46.99 lakhs in H1 FY26 compared to a loss of 68.06 lakhs in the prior comparable period. Total equity remains deeply negative at minus 610.46 lakhs with accumulated losses of minus 1,827.66 lakhs, indicating negative net worth. Auditor Ashwani and Associates issued an unmodified review but flagged that trading is temporarily restricted under Graded Surveillance Measures Stage 3 on NSE and BSE.
Likely market impact
Weak financials with negative net worth, ongoing losses, and exchange surveillance action; high risk for shareholders.