Unaudited financial results for the quarter ended September 30, 2025 pursuant to regulation 33(3) of the SEBI Listing Regulation 2025 (LODR) and other applicable provisions of SEBI (LODR)Regulations, ....
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Shree Hanuman Sugar & Industries Ltd filed unaudited Q2 FY26 results while under the Corporate Insolvency Resolution Process (CIRP) initiated in September 2024, with Mr. Sandeep Khaitan acting as the Resolution Professional. The auditor (BDS & Co.) issued a qualified opinion, flagging the IBC proceedings as raising material doubts about the company's ability to continue as a going concern. Revenue from operations was a negligible Rs. 0.69 lakhs (vs Rs. 0.45 lakhs in Q2 FY25), and the half-yearly loss widened to Rs. 52.54 lakhs from Rs. 26.02 lakhs in H1 FY25. The company's sugar mill at Nalhati remains shut due to old machinery, financial crunch, and labour unrest, meaning there is virtually no operating activity. On the positive side, cash balance rose to Rs. 207.53 lakhs (from Rs. 66.32 lakhs at March-end) with positive operating cash flow of Rs. 141.22 lakhs during the period.
The qualified audit opinion and ongoing insolvency proceedings confirm severe financial distress. With no operational manufacturing and unresolved CIRP, shareholder value remains highly uncertain and the stock is essentially a speculative distressed-asset play.