Astron Paper & Board Mill Limited — Results, 17-11-2025: Integrated Filing- Financial
17-11-2025 | 03:07 pm
17-11-2025 | 03:07 pm
Astron Paper reported near-zero consolidated revenue of ₹0.0008 Cr for Q3 FY26, a catastrophic drop from ₹35.66 Cr last year. The company swung to a net loss of ₹4.75 Cr (vs ₹7.92 Cr profit YoY), with EPS at -₹1.02. This stems from plants being non-operational since September 2024. The company faces severe financial distress, including insolvency proceedings, with all ₹83.45 Cr bank loans declared NPAs and lenders seizing assets. Auditors express significant doubt about the company's ability to continue as a going concern, highlighting major accounting concerns. The results reflect extremely weak financial momentum.
No comments yet. Be the first to comment!
