Q1 FY27 results: Company posts Rs 20 crore loss, going concern doubt flagged

Dharani Sugars reported Q1 FY27 standalone revenue of just Rs 49.76 lakhs with net loss of Rs 1,996.77 lakhs and EPS of negative Rs 4.81. Manufacturing facilities remain non-operational for a prolonged period. Company has negative net worth, defaulted on loans, and the Master Restructuring Agreement of Rs 33,465 lakhs unsustainable debt was cancelled by lender IDRCL. SDF One Time Settlement of Rs 6,111 lakhs also revoked. Auditor issued qualified conclusion citing material going concern uncertainty and multiple qualification points.