Announced Tue, 11 Aug, 2026 · 14:40 IST
Valley Magnesite Q1 FY27 PAT of 58.55 lakhs; nil operating revenue
Price
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Price reaction
Awaiting price reaction for this filing.
AI summary
Board approved unaudited results for Q1 FY27 (quarter ended June 30, 2026). Revenue from operations is nil; total income of 90.29 lakhs is entirely from other income, versus total loss of 87.48 lakhs in Q1 FY26. PAT swung to a profit of 58.55 lakhs from a loss of 88.68 lakhs YoY. Basic EPS of 5.58. Statutory auditor issued an unmodified limited review report with an Emphasis of Matter paragraph (conclusion not modified).
Likely market impact
PAT swing from loss to profit driven by non-operating income; nil core revenue remains a concern for sustainability.