Un Audited financial results of the company for the June 30, 2025
Awaiting price reaction for this filing.
Shree Rajeshwaranand Paper Mills reported nil revenue from operations for Q1 FY26, with total income at zero versus a small loss of ₹0.71 lakhs in Q4 FY25 and ₹4.02 lakhs in Q1 FY25. The company posted a loss after tax of ₹1.23 lakhs for the quarter, against a profit of ₹2.09 lakhs in the same quarter last year. The full-year FY25 results showed a massive loss after tax of ₹7,237.38 lakhs, driven by an exceptional item of ₹6,008.32 lakhs. The filing confirms the company is operating under an approved IBC Resolution Plan, with financial creditors (SBI and Bank of India) having issued No Dues Certificates in March 2025. Share capital reduction and fresh allotment are still in process. The statutory auditor issued a clean (unmodified) limited review report, and a new Independent Director, Mr. Ankit Kumar Soni (a Chartered Accountant), was appointed for a five-year term.
For shareholders, this remains a micro-cap paper stock in turnaround mode after exiting the insolvency resolution process. The continued absence of operating revenue, pending share capital restructuring, and history of large exceptional losses indicate the business is not yet generating meaningful income, so the stock remains a high-risk, speculative holding until operations restart and the new equity structure is finalized.