Shree Manufacturing Q1 FY27 loss of Rs 5.23 lakh, zero revenue
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Shree Manufacturing Co reported zero revenue from operations and zero other income for Q1 FY27 (quarter ended June 2026). Total expenses stood at Rs 5.23 lakh, mainly employee costs of Rs 0.75 lakh and other expenses of Rs 4.48 lakh. Net loss was Rs 5.23 lakh versus Rs 5.51 lakh loss in Q1 FY26. Auditor Ramanand and Associates issued an unqualified review report. Board appointed Saraswati Purohit as additional director and accepted Hetal Dave's resignation as independent director. AGM scheduled for Sep 21, 2026.
Zero revenue with persistent losses raises serious concerns about business viability and going concern status. Negative for shareholders.