Q1 FY27 results: Loss continues, auditor flags going concern uncertainty

Kandagiri Spinning Mills posted Q1 FY27 loss of Rs 65.86 lakhs versus Rs 118.82 lakhs loss in Q1 FY26. Revenue fell sharply to Rs 15.76 lakhs from Rs 62.19 lakhs. Auditor issued a qualified opinion flagging material uncertainty on going concern due to continued losses and net worth erosion (other equity at negative Rs 1,436 lakhs). Promoters continue to infuse funds.