Intimation of publication of financial results
Awaiting price reaction for this filing.
Ballarpur Industries Ltd (BSE: 500102, NSE: BALLARPUR) has notified stock exchanges about publishing its consolidated audited/unaudited financial results for the four quarters and full year ended March 31, 2024 in Financial Express (English) and Mumbai Lakshdeep (Marathi) newspapers on June 19, 2025. This is filed under SEBI LODR Regulations 30 and 47 as a compliance requirement for newspaper publication of results. The published results show full-year FY24 revenue of Rs 15,539 lakhs (vs Rs 13,295 lakhs in FY23), but a net loss of Rs 32,908 lakhs for FY24, compared to a profit of Rs 46,04,15,000 (likely from one-time/restructuring gains) in FY23. Loss per share for FY24 stood at Rs 10.86. The delay in publishing (results for periods ending March 2024 published only in June 2025) is notable and points to ongoing operational and financial challenges at the company.
The delayed publication of FY24 results and the substantial full-year loss highlight continued financial stress at Ballarpur Industries. Shareholders should watch for any further disclosures on debt position, going concern issues, or restructuring developments, as these figures reflect a company still working through its financial difficulties.