Coral Newsprints Ltd
Coral Newsprints Q2 FY26 Results: Zero Revenue, Widening Losses 📉
- Standalone unaudited results show ₹0.00 Lacs revenue for Q2 (Sept 2025), same as last year.
- Quarterly loss widens to ₹-16.79 Lacs (vs ₹-14.74 Lacs last quarter & ₹-12.90 Lacs year-ago).
- Year-to-date (Apr-Sep 2025): ₹0.00 Lacs revenue, ₹-28.53 Lacs total loss.
- EPS at ₹-1.71 (last reported for March 2025).
- No turnover since April 2025; continuous losses eroding net worth.
- Current liabilities exceed assets; major Plant & Machinery sold in FY25 and Q2 FY26.
- Material uncertainty about company's ability to continue as going concern (though results prepared on this basis).
- Company taking steps to improve commercial viability.
- Limited review by auditors found no material misstatements.