outcome of board meeting held on 14.11.2025
Awaiting price reaction for this filing.
Arur Footwear Ltd reported unaudited financial results for Q2 and H1 FY26 (ended September 30, 2025). Revenue from operations was just Rs 2.26 lakhs in Q2 (Rs 4.37 lakhs for the half-year), while total expenses were Rs 24.47 lakhs (Rs 45.43 lakhs for H1), leading to a net loss of Rs 22.21 lakhs in Q2 and Rs 41.06 lakhs in H1 FY26. The company continues to post losses, with negative other equity of Rs 801.17 lakhs reflecting accumulated losses exceeding its share capital. Operating cash flow remained negative at Rs (50.13) lakhs for H1 FY26. The company, which was rehabilitated from the Corporate Insolvency Resolution Process (CIRP), stated results were prepared on a going concern basis. Borrowings rose to Rs 204.50 lakhs from Rs 152.38 lakhs.
This is a deeply concerning set of results for shareholders — revenue remains negligible, losses persist, and the company is still bleeding cash, suggesting the post-CIRP recovery is struggling. Shareholders should note the weak fundamentals and going concern risks before investing.