Q1 FY27 results: net loss continues, revenue plunges over 90 percent YoY

Clenon Enterprises (formerly G.R. Cables) reported Q1 FY27 standalone revenue of 29.75 lakhs, sharply down from 353.69 lakhs in Q1 FY26, a drop of over 90 percent. Net loss was 63.01 lakhs versus 61.38 lakhs a year ago. Total expenses stood at 63.47 lakhs. EPS was negative 0.58. Other equity remained negative at minus 370.28 lakhs. Auditor issued an unqualified limited review report.