Facor Alloys Ltd

Facor Alloys Q3 & 9M FY2025 Results: Plant Shutdown Impacts Performance 📊

• Standalone revenue from operations: ₹27.31 lakhs (Q3), ₹133.66 lakhs (9 months)

• Standalone net loss: ₹436.81 lakhs (Q3), ₹1,269.41 lakhs (9 months)

• Plant operations shut down since October 31, 2023, resulting in nil revenue from core operations

• Shareholders approved divestment of plant and machinery with ₹24.97 crore advance received

• Auditors raised concern about company's ability to continue as a going concern

• New labour codes led to recognition of incremental gratuity (₹6.52 lakhs) and leave liabilities (₹10.86 lakhs)