Newspaper Publication of Financial Results for the quarter ended June 30, 2025
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Shree Hanuman Sugar & Industries Ltd has submitted newspaper clippings of its Q1 FY26 unaudited financial results, published in Financial Express (English) and Arthik Lipi (Bengali) on August 13, 2025. The company reported total income from operations of Rs. 166.36 lakh in Q1 FY26, down from Rs. 207.37 lakh in Q1 FY25, with a net loss after tax of Rs. 4.55 lakh versus a Rs. 9.36 lakh profit a year ago. Other equity remains deeply negative at Rs. (1,550.74) lakh. The results were signed by Resolution Professional Sandeep Khaitan, not the board, because the company has been under the Corporate Insolvency Resolution Process (CIRP) since September 27, 2024, after NCLT Kolkata admitted an insolvency petition. Management disclosed that the Motihari (Bihar) sugar mill remained non-operational due to high production costs, outdated machinery, financial crunch, and labour unrest.
This is a routine compliance filing (newspaper publication), but the underlying situation is deeply concerning for shareholders: the company is in active insolvency proceedings, the only operating asset (sugar mill) is shut, losses continue, and equity is eroded. Shareholders face a near-zero chance of meaningful recovery pending CIRP outcome, and a Section 66 application against the company raises further risk of transactions being reversed.