TECIL Q1 FY27 Results: Loss, Rs 38.90 Lakh Building Write-off
TECILCHEM · price
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TECIL Chemicals reported Q1 FY27 unaudited results with a loss. Revenue stayed flat at about Rs 1,647 lakhs. The board approved a Rs 38.90 lakh write-off on a portion of the company building that has no future economic benefit, charged to the profit and loss statement. A Rs 25.13 lakh gain from compulsory land acquisition was booked as other income. Auditor gave an unmodified opinion with an emphasis of matter on the land deal. Four directors were reappointed for 5-year terms. AGM set for September 24, 2026.
Loss and write-off hurt Q1 results, partly offset by land sale gain. Leadership continuity maintained.