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SRPLNSEShree Ram Proteins LimitedHighNeutral
Announced Fri, 11 Sept, 2026 · 15:11 IST

Q1 FY27 and FY26 results approved; auditor issues adverse opinion

Going-concern doubtQualified audit opinionAdverse audit opinionEmphasis of matterRevenue declinedNet loss reportedResults View source PDFExplain this filing
Price reaction

Awaiting price reaction for this filing.

AI summary

Board approved Q1 FY27 and FY26 results. Q1 FY27 loss Rs 636.40 lakh, FY26 loss Rs 1010.85 lakh. Revenue from operations is nil. Bank auctioned plant and machinery for Rs 382 lakh. Auditor issued adverse opinion citing going concern uncertainty, loan defaults, unpaid statutory dues, and no inventory or fixed asset verification.

Likely market impact

Severe distress - zero revenue, mounting losses, bank seized plant, adverse audit opinion signals high going concern risk for shareholders.