Announced Mon, 13 Jul · 18:25 IST
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.
Price reaction · full curve 14 horizons · vs prior close
-2.2%1-day move
₹2.23
prior close
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base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
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Up moveDown movePending
AI summary
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.
Likely market impact
Sharp jump in losses, Enforcement Directorate complaint over disputed assets, and related write-off raise serious concerns for shareholders.