This filing is part of the company’s quarterly result. Read the full results article, with every figure explained →
Revenue falls as losses narrow, but negative net worth and debt remain high
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Board approved unaudited results for the quarter and half year ended September 30, 2026 (INR million). Standalone revenue fell 26% to 17,751 and loss before tax was 1,767 for the quarter. Half-year revenue was 37,437 and loss before tax 4,577. Current liabilities exceeded current assets by 24,624, with negative net worth of 16,452. The accounts use a going concern basis, backed by Wilmar guarantees and working capital support.
Falling sales, losses and negative net worth raise solvency risk. Wilmar support and narrower year-on-year losses ease funding pressure, but the stock remains financially high risk.
| Q2 FY27 | Q2 FY26 | Change | |
|---|---|---|---|
| Revenue | ₹1,905 Cr | ₹2,423 Cr | −21.4% |
| Operating profit | −₹218.2 Cr | −₹438.8 Cr | loss narrowed |
| Profit after tax | −₹193.9 Cr | −₹369.3 Cr | loss narrowed |
| EBITDA margin | 1.6% | -7.5% | +9.1 pp |
From the company's XBRL filing, not from the text above. Operating profit = profit before tax − exceptional items − other income. EBITDA = profit before tax + finance costs + depreciation − other income.