Q1 FY27 results show zero revenue as firm remains under insolvency process
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Tasty Dairy Specialities is under Corporate Insolvency Resolution Process since October 2025 with manufacturing halted. Q1 FY27 revenue from operations stood at zero versus Rs 220 lakhs in Q1 FY26. Loss narrowed to Rs 32.68 lakhs from Rs 203.35 lakhs year-on-year. Auditor issued a qualified conclusion noting fully eroded net worth, going concern uncertainty, and pending litigation outcomes. Nine resolution applicants remain active; last date for resolution plans is September 19, 2026.
Company is in insolvency. Stock recovery depends on resolution plan approval. Existing equity holders face significant dilution or total loss risk.