Announced Fri, 14 Aug, 2026 · 16:06 IST
Modipon Q1 FY26 results: Zero revenue, loss widens to Rs 13.42 lakh
Going ConcernQualified OpinionPat NegativeRelated Party TransactionsResults View source PDFExplain this filing
Price
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Price reaction
Awaiting price reaction for this filing.
AI summary
Modipon Limited, which stopped manufacturing in 2007, reported Q1 FY26 (June 2026) revenue of Rs 0 and a net loss of Rs 13.42 lakh, wider than Rs 9.09 lakh loss in Q1 FY25. Other equity is deeply negative at Rs 10,383 lakh. Auditor flagged multiple legacy issues including pending PNB one-time settlement, IBC proceedings, Rs 1,000 lakh unprovided interest, commercial tax dispute, and unredeemed preference shares since 1996.
Likely market impact
Negative equity, ongoing litigation outcomes remain uncertain; no operating revenue since 2007 makes recovery highly speculative.