IGC Industries Q1 loss widens to Rs 14.6 cr; auditor flags Enforcement Directorate issue
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 7.1 pts less than Nifty Microcap 250 and 7.8 pts less than its Trading & Distributors peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
IGC Industries reported a net loss of Rs 1,462.03 lakhs for Q1 FY27 (ended 30 June 2026), sharply wider than Rs 263.72 lakhs loss in Q1 FY26. Revenue from operations stood at zero. The auditor flagged an Emphasis of Matter regarding a write-off of Rs 9.32 crores after a complaint from the Enforcement Directorate over a disputed transaction, leading the company to waive its claim on related assets. Loss per share widened to Rs 4.21 from Rs 0.76.
Sharp jump in losses, Enforcement Directorate complaint over disputed assets, and related write-off raise serious concerns for shareholders.