BSEVeronica Production LtdHighNeutral
Announced Sat, 25 Jul · 16:05 IST
Veronica Production Q1 FY27 net loss Rs 5.06 lakh vs profit last year
Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
Veronica Production posted a net loss of Rs 5.06 lakh in Q1 FY27 against a profit of Rs 5.07 lakh in Q1 FY26. Revenue fell sharply to Rs 30.19 lakh from Rs 167.34 lakh YoY, an about 82 percent drop. Total expenses stood at Rs 35.26 lakh. Reserves are deeply negative at minus Rs 7,275.25 lakh. The auditor flagged an Emphasis of Matter on pending verification of trade receivables, payables, loans and advances.
Likely market impact
Sharp revenue decline and continued losses with negative reserves raise concerns about financial health and going concern outlook.