Simplex Papers Ltd
📉 Simplex Papers Q2 2025 Results: Auditors Flag Going Concern Risks
- Un-audited Financial Results for Q2 and half year ended 30th September, 2025 approved by the Board.
- Financial results reviewed by Audit Committee and available on company website.
- Independent auditors Khandelwal & Mehta LLP found no material misstatements.
- Auditors noted accumulated losses and fully eroded net worth, raising going concern doubts.
- Management prepared financial statements on a going concern basis based on projections.