Tarapur Transformers Q1 loss; auditor flags going concern
TARAPUR · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 2.1 pts less than Nifty Microcap 250 and 1.7 pts less than its Investment Company peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Tarapur Transformers posted Q1 FY27 net loss of Rs 40.14 lakh versus Rs 5.52 lakh profit a year ago. Revenue fell sharply to Rs 1,829 lakh from Rs 5,557 lakh. Auditor gave a qualified opinion citing negative net worth of Rs 283.49 lakh raising going concern doubt, unconfirmed party balances, undocumented loans, breach of section 186 lending limits, and interest not provided on Gaganbase borrowings.
Auditor flagged going concern risk and multiple qualifications. Revenue plunged 67 percent and company slipped to loss. Major red flags for shareholders.