Shree Narmada Aluminium Industries Ltd
Shree Narmada Aluminium Q2 FY26 Results: Loss Widens to ₹15.43 Lakhs 📉
- Quarterly loss of ₹15.43 lakhs for Sept 2025 quarter vs ₹2.68 lakhs loss in same quarter last year.
- Half-year loss at ₹16.75 lakhs vs ₹12.39 lakhs in previous year's comparable period.
- Minimal total income reported with no significant revenue from operations.
- Employee expenses: ₹0.52 lakhs; Other expenses: ₹14.80 lakhs for the quarter.
- Net worth fully eroded, though management believes going concern assumption holds.
- Factory premises in Bharuch obtained after court order (March 10, 2025).
- Paid-up equity share capital remains at ₹52.96 lakhs (face value ₹10/share).
- Negative EPS of ₹(2.96) vs ₹(0.51) in same quarter last year.
- Auditors included qualification about going concern uncertainty in review report.