Lasa Supergenerics Ltd
Lasa Supergenerics Reports Q2 Losses Amid Fire Incident Impact 🔥📉
- Unaudited Q2 results show a net loss of ₹625.20 lakhs; H1 loss at ₹2,737.12 lakhs.
- Revenue from operations dropped sharply to ₹306.11 lakhs for the quarter.
- Fire on May 18, 2025, caused uninsured losses of ₹2,057.47 lakhs (inventories: ₹1,273.62L, equipment: ₹700L provisional).
- Production halted across all units; management assessing contract manufacturing/leasing options.
- Bank balances (₹7.99L) and fixed deposits (₹31.46L) remain dormant without confirmation.
- Auditor flagged fire impact, dormant accounts, and revenue recognition challenges.
- Related party transactions totaled ₹15.50 lakhs (director remunerations, donations).
- Basic/diluted EPS at a loss of ₹0.64 for the quarter.