Unaudited financial results for the quarter and half yearly ending September 30, 2025, along with Limited Review Report.
Awaiting price reaction for this filing.
Blue Blends (India) Ltd filed unaudited financial results for Q2 and half year ended September 30, 2025. Q2 standalone revenue was Rs 528.10 lakhs with profit of Rs 41.66 lakhs, a sharp turnaround from Q1 loss of Rs 162.50 lakhs. However, the half year still shows a loss of Rs 120.45 lakhs (standalone) and Rs 121.38 lakhs (consolidated). The company is undergoing Corporate Insolvency Resolution Process (CIRP) - admitted in December 2021, with resolution plan approved by NCLT in December 2024. Under the approved plan, all existing equity shares will be cancelled without any payment to shareholders, and new shares will be issued to the Successful Resolution Applicant (SRA). The company is in the process of re-listing. Operating cash flow for half year was negative at Rs 190.83 lakhs, and standalone reserves stand at negative Rs 1,624.58 lakhs.
Existing shareholders face complete cancellation of their shares without any compensation as the company restructures under insolvency proceedings. The Q2 turnaround to profit is positive, but the company remains in a weak financial position with negative equity and negative operating cash flow. The stock is currently suspended pending re-listing after the resolution plan implementation.