BSELaser Diamonds LtdHighNeutral
Announced Thu, 13 Aug, 2026 · 17:13 IST
Turner Industries Q1 FY27 results nil revenue and loss continues
Going-concern doubtNet loss reportedRelated-party transactionsResults View source PDFExplain this filing
Price reaction
Awaiting price reaction for this filing.
AI summary
Board approved Q1 FY27 (ended 30 June 2026) unaudited results. Total income from operations is nil. Net loss after tax is Rs 0.31 lakh, same as preceding quarter and year-ago quarter. Full year FY26 loss was Rs 2.06 lakhs. Reserves remain deeply negative at minus Rs 386.28 lakhs against share capital of Rs 401.31 lakhs. Total expenses are only Rs 0.31 lakh, mainly rent. Borrowings of Rs 40.03 lakhs are loans from directors. Auditor issued a clean limited review report with no qualifications.
Likely market impact
Persistent losses, zero revenue and negative reserves point to going concern doubts. Stock is a thinly traded micro-cap dependent on director loans.