BSELynx Machinery & Commercials LtdHighNeutral
Announced Fri, 14 Aug, 2026 · 16:57 IST
Q1 FY27 - zero revenue, loss widens to about Rs 39 lakh
Price reaction
Awaiting price reaction for this filing.
AI summary
Lynx Machinery reported Q1 FY27 (ended June 30, 2026) unaudited results. Revenue from operations stood at zero, same as prior periods. Total income was nil as other income also dropped to zero from Rs 0.17 lakh in Q1 FY26. Net loss widened to about Rs 39 lakh versus about Rs 31 lakh in Q1 FY26. Loss per share was Rs 3.80. Finance costs of nearly Rs 30 lakh remain the biggest expense. Accumulated losses exceed share capital with negative reserves of about Rs 286 lakh. Auditor gave a clean limited review.
Likely market impact
Zero revenue, widening losses and negative net worth raise serious concerns about the company's ability to continue as a going concern.