Un-audited (Standalone & Consolidated) Financial Results for the quarter ended June 30, 2025 along with the Limited Review Report
Awaiting price reaction for this filing.
Birla Cotsyn reported nil revenue from operations for Q1 FY26, with only Rs. 3.12 lacs of other income, and posted a loss before tax of Rs. 400.54 lacs, widening sharply from Rs. 163.70 lacs loss in Q1 FY25. Total expenses of Rs. 403.66 lacs (vs Rs. 163.70 lacs a year ago) were driven mainly by depreciation (Rs. 124.42 lacs) and other expenses (Rs. 170.07 lacs). Basic and diluted EPS stood at Rs. (2.79) versus Rs. (0.01) in the year-ago quarter. The statutory auditor (PSV Jain & Associates) issued an unmodified review opinion. The Board also approved the appointment of M/s. Jain Kothari & Co. as new Statutory Auditors for five years (replacing PSV Jain & Associates whose term ends at the 83rd AGM), M/s. Jain Ronak & Co. as Internal Auditors for FY26, and M/s. Vijay S. Tiwari & Associates as Secretarial Auditors for five years.
With zero revenue from operations and widening quarterly losses, the company continues to burn cash from non-core income, raising serious going-concern doubts for shareholders. The auditor change at year-end and the lack of operational revenue suggest the stock remains a high-risk, closely-watched name with no near-term earnings visibility.