NEUEONNSENeueon Corporation LimitedHighNeutral
Announced Fri, 7 Nov, 2025 · 17:01 IST

Heavy September 2025 loss, audit caveats and 90% promoter allotment

Qualified OpinionEmphasis Of MatterPat NegativeEbitda Margin CompressionExceptional ItemNegative Operating CashflowResults View source PDFExplain this filing
Price reaction

Awaiting price reaction for this filing.

AI summary

Revenue for the September 2025 quarter was Rs 412.33 lakh. Net loss was Rs 8,890.55 lakh for the quarter and Rs 11,098.90 lakh for six months; operating cash flow was negative Rs 449.21 lakh. Auditors qualified the review over missing impairment checks and an unvalued Rs 139.93 crore subsidiary holding. The board approved the issue of 508.9 million Re1 shares to Preca Structures, 90% of reduced capital, and proposed Rs 1,000 crore funding.

Likely market impact

Losses, cash burn and audit risks hurt investors. The 90% allotment dilutes holders; a proposed Rs 1,000 crore raise adds debt or dilution risk.