Shree Rama Newsprint Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
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Shree Rama Newsprint Limited reported a total comprehensive loss of Rs. 6,853.02 lakhs for FY 2026, significantly lower than the Rs. 10,627.76 lakhs loss in FY 2025. Revenue from operations fell to Rs. 3,271.86 lakhs from Rs. 4,413.21 lakhs, a decline of roughly 26%. The company recorded an additional impairment loss of Rs. 2,784.33 lakhs on assets of the discontinued Paper Division, which is being liquidated piecemeal. The auditors from Batliboi & Purohit issued an unmodified opinion but drew a Material Uncertainty Related to Going Concern, noting that current liabilities exceed current assets by Rs. 12,152.60 lakhs. The board also appointed Mr. Alok Jain as an Additional Non-Executive Independent Director.
The company is struggling with heavy losses, a major working capital deficit, and auditors' going-concern warning. Asset sales are the primary mitigation plan, but execution risk is high. Investors should treat this as high-risk.