Venlon Enterprises Ltd
Venlon Enterprises Q1 FY2026 Results: Net Loss Widens to ₹99.34 Lakhs 📉
- Net loss widened to ₹99.34 lakhs in Q1 FY2026 vs ₹59.76 lakhs in Q1 FY2025
- Revenue fell 32% YoY to ₹161.39 lakhs
- Auditor flagged concerns about company's ability to continue as going concern
- Net worth fully eroded; liabilities exceed assets as of June 30, 2025
- Reclassified $13.85M shareholder loan as 'Other Equity' with moratorium until 2030
- Discontinued Film, Formaldehyde, and Windmill segments entirely
- Basic/diluted EPS at -₹0.19 for the quarter