Pursuant to Regulation 33 of the SEBI (LODR) regulation, 2025, we are submitting the Unaudited financial results for the quarter ended June 30, 2025
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Shree Hanuman Sugar & Industries Ltd, which is currently under the Corporate Insolvency Resolution Process (CIRP) since September 2024, submitted its unaudited financial results for Q1 FY26 (quarter ended June 30, 2025). Revenue from operations stood at just Rs. 0.26 lakhs, down from Rs. 0.45 lakhs in the same quarter last year. The company reported a net loss of Rs. (18.44) lakhs, though this was narrower than the Rs. (26.02) lakhs loss in Q1 FY25. The statutory auditor BDS & Co. issued a qualified review report, flagging doubts over the going concern assumption because of the ongoing insolvency proceedings. The company's sugar mill at Motihari, Bihar remains non-operational due to cost issues and labor unrest.
Shareholders face continued uncertainty as the company is under insolvency resolution with a qualified auditor opinion raising going concern doubts. Near-zero revenue and persistent losses mean the stock remains a high-risk bet with value dependent entirely on the CIRP resolution outcome.