BSEClenon Enterprises LtdHighNeutral
Announced Thu, 9 Jul · 16:54 IST
Revised FY26 Results: Losses Widen to About Rs 240 Lakh Despite Revenue Growth
Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
Clenon Enterprises (formerly G.R. Cables) filed revised audited consolidated results for FY26. Revenue rose about 81% to Rs 355 lakh from Rs 196 lakh last year. However, net loss widened sharply to Rs 239.78 lakh versus Rs 70.85 lakh prior year. Other equity is deeply negative at minus Rs 370.28 lakh and operating cash flow remained negative at Rs 95.45 lakh used. The revision only corrects an inadvertent omission of the company's name in the auditor's report and does not change the numbers.
Likely market impact
Persistent losses and deeply negative shareholders' equity raise solvency concerns even as revenue grows. The revision is administrative, not a change in numbers.