GAMMONINDNSEGammon India Limited· ConstructionHighNeutral
Announced Mon, 12 Oct, 2026 · 18:07 IST
Revised Sep 2024 results show deep losses, going concern doubts
Going ConcernQualified OpinionEmphasis Of MatterResults RestatedExceptional ItemPat NegativeResults View source PDFExplain this filing
Price reaction
Awaiting price reaction for this filing.
AI summary
Board approved revised unaudited consolidated results for Q2 and H1 FY25. Revenue from operations fell to Rs 14.30 crore from Rs 31.83 crore (H1 FY24). Loss after tax stood at Rs 489.48 crore. Equity deeply negative at around minus Rs 11,001 crore, with current liabilities exceeding current assets by Rs 11,932 crore. Auditors issued a qualified conclusion and flagged material going concern uncertainty, noting unresolved resolution plan and lenders unable to reach consensus.
Likely market impact
Severe financial distress signals: deep losses, negative equity, NPA-marked facilities, and suspended trading. Material uncertainty on going concern.