BSEShree Rajeshwaranand Paper Mills LtdHighNeutral
Announced Fri, 14 Nov · 18:25 IST

Un Audited Financial Result 30.09.2025

Going ConcernRevenue DeclinePat NegativeResults View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Shree Rajeshwaranand Paper Mills reported nil revenue from operations for Q2 and H1 FY26, compared to nil in the prior year period, as the company has not yet commenced commercial operations. The company posted a loss after tax of Rs 9.83 lakh in Q2 FY26 and Rs 11.06 lakh in H1 FY26, versus a profit of Rs 4.24 lakh in H1 FY25, primarily due to employee costs and other expenses. Total equity remains negative at Rs 3,616.40 lakh against paid-up share capital of Rs 65.74 lakh (reduced from Rs 1,245 lakh under the resolution plan), with share application money pending allotment of Rs 4,107.99 lakh. The company was earlier under CIRP, its shares remain suspended from trading on BSE, and a share capital reduction and restructuring is in process. The auditor issued an unmodified limited review report.

Likely market impact

The company is essentially non-operational with negative equity, heavy accumulated losses, and a suspended trading status — shareholders continue to face going concern risk and limited liquidity until commercial operations begin and the BSE suspension is lifted.