Coral Newsprints Ltd
Coral Newsprints Halts Operations Amid Financial Strain 📉
- Operations discontinued due to heavy financial losses
- Zero revenue from operations for the quarter ended 30th June 2025
- Total expenses: ₹14.74 lakhs, resulting in a net loss of ₹14.74 lakhs
- Net worth eroded; current liabilities exceed current assets
- Major portion of Plant and Machinery sold in the last financial year and Q1 2025
- Earnings per share (EPS) stood at ₹-0.29 (basic and diluted)
- Company is actively exploring other viable business prospects