Coral Newsprints Ltd
Coral Newsprints Q3 2025 Results: No Revenue, Losses Widen 📉
- Board meeting held on January 21, 2026, at Coral Newsprints Ltd's registered office.
- Unaudited standalone financial results for Q3 2025 show no revenue from operations.
- Total income for the period was ₹0.98 lakhs vs ₹0.72 lakhs in the previous year.
- Loss before tax for nine months ended December 31, 2025: ₹(40.27) lakhs.
- Basic and diluted EPS for the period: ₹(0.80), reflecting continued losses.
- Net worth eroded; current liabilities exceed current assets, raising going concern doubts.
- Major Plant and Machinery assets sold in FY2025 and H1 September 2025.
- Company's survival hinges on director support for business generation and funding.