Coral Newsprints Ltd has scheduled a meeting of its Board of Directors for July 29, 2026, at its Registered Office in Delhi. The meeting will be convened to discuss the agenda and other allied matters.

The Board meeting is set to take place on Wednesday at 3:00 P.M. The venue for the meeting is located at A-138, First Floor, Vikas Marg, Shakarpur, Delhi 110092.

Meeting Details

The company has informed the Bombay Stock Exchange regarding the schedule of the forthcoming Board meeting.

Coral Newsprints reported a standalone net loss of ₹16.79 lakh for the second quarter ended September 30, 2025, as revenue from operations remained nil. The company recorded total expenses of ₹16.79 lakh for the quarter, primarily comprising employee benefit expenses of ₹8.96 lakh and other expenses amounting to ₹6.90 lakh. Depreciation and amortisation expenses for the period were reported at ₹0.93 lakh.

For the half-year ended September 30, 2025, the net loss widened to ₹31.53 lakh on the back of zero revenue. Total expenses for the year-to-date period aggregated to ₹31.53 lakh, with employee benefit costs rising to ₹17.25 lakh and other expenses to ₹13.36 lakh. The company reported a basic and diluted loss per share of ₹0.33 for the quarter and ₹0.62 for the half-year.

Financial Performance

The financial statements for the period were approved by the board on October 28, 2025. The company reported no income from operations or other income during the quarter or the half-year. The net profit before tax stood at a negative ₹16.79 lakh for the quarter and ₹31.53 lakh for the half-year, with no tax expenses recorded.

Cash Flow and Assets

Coral Newsprints generated a net cash flow of ₹311.83 lakh from operating activities during the half-year, largely driven by adjustments for liabilities. The company utilized ₹159.33 lakh in investing activities, mainly towards the purchase of intangible assets and loans advanced. Cash flows used in financing activities amounted to ₹102.23 lakh, primarily due to lease liability payments.

As of September 30, 2025, the company's total assets stood at ₹413.46 lakh. Non-current assets included other intangible assets of ₹127.52 lakh and property, plant, and equipment of ₹22.53 lakh. Current assets totaled ₹263.41 lakh, comprising trade receivables of ₹82.79 lakh and bank balances of ₹156.53 lakh. The company reported negative equity of ₹934.89 lakh, with total liabilities amounting to ₹1348.35 lakh.