Winsome Yarns Q1 FY27 Results: Loss Persists, Zero Operating Revenue
Awaiting price reaction for this filing.
Winsome Yarns posted a Q1 FY27 loss of Rs 332 lakhs (vs Rs 328 lakhs last year). Operating income was nil (down from Rs 18 lakhs); only Rs 37 lakhs other income. Reserves stand deeply negative at Rs 52,047 lakhs. The firm remains under CIRP; NCLT approved a Rs 162.90 crore resolution plan by Mohini Health and Hygiene in April 2026, now being implemented. Auditor issued a qualified conclusion citing negative net worth, continuous losses, negative cash flows, and pending balance confirmations. Emphasis of matter added on unprovided statutory demands.
High-risk stock; recovery hinges on resolution plan execution by Mohini Health and Hygiene. Zero operations and deeply negative reserves signal severe stress.