Jauss Polymers Ltd — Board Meeting, 14-08-2025: Board Meeting
14-08-2025 | 02:02 pm
14-08-2025 | 02:02 pm
Jauss Polymers' Q1 results show a profit of Rs 0.32 Cr, derived entirely from the sale of its subsidiary, Innovative Containers Pvt Ltd, for Rs 0.39 Cr. The company reported NIL operational turnover for the quarter. Significantly, the auditor has issued an adverse conclusion, stating the company's financial statements do not present a true and fair view. This severe opinion is based on concerns about Jauss Polymers' ability to continue as a 'going concern' due to no operational turnover, historical asset sales, and a lack of clear future plans, raising significant red flags for investors.
No comments yet. Be the first to comment!
