Announced Thu, 16 Jul, 2026 · 17:14 IST
Terraform Magnum Q1 FY27: loss, going concern flagged
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction
Awaiting price reaction for this filing.
AI summary
Terraform Magnum posted Q1 FY27 revenue of about 1113 lakhs, nearly flat versus 1116 lakhs a year ago. The company slipped to a small loss of 1.89 lakhs against a profit of 9.58 lakhs in Q1 FY26. Net worth remains deeply negative at minus 1850.63 lakhs. The auditor added a material uncertainty note on going concern plus an emphasis of matter on Bombay High Court litigation over a Kandivali property, where revenue recognition has been deferred under Ind AS 115.
Likely market impact
Negative net worth, going concern uncertainty, and unresolved litigation pose serious risks for shareholders.