- Home
- Results news
- Coral Newsprints
- Q2 FY27 results
Coral Newsprints Q2 FY27 results: net profit ₹1.54 crore vs ₹0.17 crore loss
Coral Newsprints Ltd reported standalone revenue of ₹0 crore and a net profit of ₹1.54 crore in Q2 FY27, against a net loss of ₹0.17 crore in Q2 FY26. The result was led by other income of ₹1.92 crore, while the auditors highlighted a material uncertainty over the company’s ability to continue as a going concern.
Key points
- Q2 FY27 standalone revenue was ₹0 crore, unchanged from Q2 FY26 and Q1 FY27.
- Net profit was ₹1.54 crore in Q2 FY27, against a net loss of ₹0.17 crore in Q2 FY26 and ₹0.14 crore in Q1 FY27.
- Other income was ₹1.92 crore, while total expenses were ₹0.23 crore.
- Basic EPS was 3.05, against an EPS of -0.33 in Q2 FY26.
- The auditors said a material uncertainty exists that may cast significant doubt on Coral Newsprints’ ability to continue as a going concern.
How did Coral Newsprints perform in Q2 FY27?
Coral Newsprints reported standalone revenue of ₹0 crore in Q2 FY27, unchanged from Q2 FY26 and Q1 FY27. Total income was ₹1.92 crore, compared with ₹0 crore in both comparison periods. EBITDA was a loss of ₹0.23 crore, compared with a loss of ₹0.16 crore in Q2 FY26 and ₹0.14 crore in Q1 FY27; the supplied figures did not include an EBITDA margin.
Profit before tax was ₹1.68 crore and net profit was ₹1.54 crore in Q2 FY27, against a loss of ₹0.17 crore before tax and a net loss of ₹0.17 crore in Q2 FY26. Against Q1 FY27, profit before tax rose from a loss of ₹0.14 crore and net profit from a loss of ₹0.14 crore. Basic EPS was 3.05, compared with -0.33 in Q2 FY26.
| ₹ crore | Q2 FY27 | Q1 FY27 | Q2 FY26 | YoY | QoQ |
|---|---|---|---|---|---|
| Revenue from operations | 0 | 0 | 0 | ||
| Other income | 1.92 | 0 | 0 | ||
| Total expenses | 0.23 | 0.14 | 0.17 | +35.3% | +64.3% |
| EBITDA | −0.23 | −0.14 | −0.16 | ||
| Profit before tax | 1.68 | −0.14 | −0.17 | turned to profit | turned to profit |
| Tax | 0.14 | 0 | 0 | ||
| Net profit | 1.54 | −0.14 | −0.17 | turned to profit | turned to profit |
| EPS (₹) | 3.05 | −0.33 | turned to profit |
EBITDA here is revenue from operations less operating costs (total expenses excluding finance costs and depreciation): before other income and exceptional items. Growth is shown only when both figures are positive. Source: Company's results filing (XBRL).
What changed in Coral Newsprints' costs and profit?
Other income was ₹1.92 crore in Q2 FY27, against ₹0 crore in Q2 FY26 and Q1 FY27, an increase of ₹1.92 crore in each comparison. Total expenses rose to ₹0.23 crore from ₹0.17 crore in Q2 FY26 and ₹0.14 crore in Q1 FY27. Employee costs were ₹0.13 crore, up ₹0.04 crore from ₹0.09 crore year ago, while other expenses were ₹0.10 crore, up ₹0.03 crore from ₹0.07 crore.
Cost of materials and finance costs were ₹0 crore in Q2 FY27, unchanged from Q2 FY26, while depreciation fell from ₹0.01 crore to ₹0 crore. Tax was ₹0.14 crore, against ₹0 crore in Q2 FY26 and Q1 FY27, and there was no exceptional item. The auditor said the company received additional compensation from NHAI of Rs 191.57 lacs, resulting in a net profit during the quarter.
| ₹ crore | Q2 FY27 | Q2 FY26 | Change | Change % |
|---|---|---|---|---|
| Cost of materials | 0 | 0 | 0 | |
| Employee cost | 0.13 | 0.09 | +0.04 | +44.4% |
| Finance costs | 0 | 0 | 0 | |
| Depreciation | 0 | 0.01 | −0.01 | |
| Other expenses | 0.10 | 0.07 | +0.03 | +42.9% |
| Total expenses | 0.23 | 0.17 | +0.06 | +35.3% |
| Other income | 1.92 | 0 | +1.92 | |
| Tax | 0.14 | 0 | +0.14 |
Source: Company's results filing (XBRL).
How did the first half of FY27 go?
In H1 FY27, standalone revenue was ₹0 crore, unchanged from H1 FY26, while total income was ₹1.92 crore against ₹0 crore. Profit before tax was ₹1.54 crore, compared with a loss of ₹0.17 crore in H1 FY26, and net profit was ₹1.40 crore against a net loss of ₹0.17 crore. Basic EPS was 2.77, compared with -0.33 in H1 FY26.
| ₹ crore | H1 FY27 | H1 FY26 | Change |
|---|---|---|---|
| Revenue from operations | 0 | 0 | |
| Profit before tax | 1.54 | −0.17 | turned to profit |
| Net profit | 1.40 | −0.17 | turned to profit |
| EPS (₹) | 2.77 | −0.33 |
Source: Company's results filing (XBRL).
What do the balance sheet and cash flow show?
Total assets were ₹0.86 crore at 30 September 2026, compared with ₹2.44 crore at 31 March 2026. Total equity remained negative at ₹-7.81 crore against ₹-9.35 crore, while borrowings fell from ₹1.64 crore to ₹0.41 crore and cash rose from ₹0.03 crore to ₹0.04 crore. Inventories were ₹0.03 crore, trade receivables were ₹0.37 crore, and trade payables were ₹0 crore, compared with ₹0.67 crore and ₹5.42 crore respectively at the previous balance sheet date.
H1 FY27 operating cash flow was ₹2.26 crore, compared with ₹1.1 crore in H1 FY26. Investing cash flow was ₹-0.35 crore against ₹2.75 crore, while financing cash flow was ₹0 crore against ₹-2.23 crore. Capital expenditure was ₹0 crore in both periods.
| ₹ crore | As of 30 September 2026 | As of 31 March 2026 |
|---|---|---|
| Total assets | 0.86 | 2.44 |
| Total equity | −7.81 | −9.35 |
| Borrowings | 0.41 | 1.64 |
| Cash and equivalents | 0.04 | 0.03 |
| Inventories | 0.03 | 0.03 |
| Trade receivables | 0.37 | 0.67 |
Source: Company's results filing (XBRL).
| ₹ crore | H1 FY27 | H1 FY26 |
|---|---|---|
| Cash from operations | 2.26 | 1.10 |
| Cash from investing | −0.35 | 2.75 |
| Cash from financing | 0 | −2.23 |
| Capital expenditure | 0 | 0 |
Source: Company's results filing (XBRL).
How has Coral Newsprints done over the last 8 quarters?
Profit bottomed at a loss of ₹0.25 crore in Q4 FY25 and later moved to a loss of ₹0.17 crore in Q2 FY26. It then reached a profit of ₹0.17 crore in Q4 FY26, before the latest result of ₹1.54 crore in Q2 FY27. Revenue was highest in Q4 FY26 at ₹0.13 crore and was ₹0 crore in Q2 FY27.
How did Coral Newsprints shares react?
Coral Newsprints’ stock was up 4.9% by the next day’s close from its pre-results close of ₹8.94. The Paper & Paper Products industry’s median move was 0.0% over the same close, placing the stock 4.9 percentage points above the industry median. No intraday, five-day or one-month reaction was supplied.
| After the filing | Stock | Paper & Paper Products median |
|---|---|---|
| Next day | +4.9% | +0.0% |
Minutes are measured from the price when the filing appeared; days from the previous close. Source: MarketPing price-reaction measurement.
| Results filed on | Stock on the reaction day |
|---|---|
| 29 July 2026 | −1.0% |
| 23 January 2026 | +4.8% |
| 8 November 2025 | +12.4% |
| 26 July 2025 | +1.1% |
| 26 May 2025 | −8.1% |
| 5 July 2024 | −7.2% |
| 27 May 2024 | +3.4% |
Source: MarketPing price-reaction measurement.
How did other Paper & Paper Products companies do?
Thirteen other Paper & Paper Products companies that had filed for the quarter had a median revenue growth of 24.9%. Coral Newsprints recorded no revenue in Q2 FY27, and the peer comparison fields do not specify the number of other companies that grew slower or faster than the company.
| Coral Newsprints revenue growth (YoY) | not comparable |
|---|---|
| Median of 13 other Paper & Paper Products companies | +24.9% |
| Companies whose net profit rose | 12 of 14 |
Source: Filed results (XBRL) of the industry's companies.
Quick answers
What was Coral Newsprints' revenue in Q2 FY27?
Revenue from operations was ₹0 crore, against ₹0 crore in Q2 FY26 (standalone).
Did Coral Newsprints make a profit in Q2 FY27?
Yes. Net profit was ₹1.54 crore, against a net loss of ₹0.17 crore in Q2 FY26.
What was Coral Newsprints' EPS in Q2 FY27?
Basic earnings per share were ₹3.05, against a loss of ₹0.33 in Q2 FY26.
When did Coral Newsprints announce its Q2 FY27 results?
On 2 November 2026, in a filing to the BSE.
Sources
- Unaudited Results September 2026 With Limited Review Results (BSE, 2 November 2026) · PDF
How this was written: every figure in the tables and charts is calculated from the company’s filed results (XBRL) and MarketPing’s price measurements. The text is drafted with AI from those figures and the filings, and a checker removes any sentence carrying a number it cannot trace to them. How we write these.
This is information, not investment advice. MarketPing does not recommend buying or selling any security.