NewsEarningsShree Hanuman Sugar & Industries Reports Rs 52.54 Lakh Loss Amid Ongoing Insolvency ProcessShree Hanuman Sugar & Industries Reports Rs 52.54 Lakh Loss Amid Ongoing Insolvency Process
Shree Hanuman Sugar & Industries, undergoing Corporate Insolvency Resolution Process (CIRP), reported a net loss of Rs 52.54 lakh for the quarter ended September 30, 2025, up from Rs 7.08 lakh in the previous quarter. Total income was Rs 0.69 lakh, with expenses at Rs 53.24 lakh. Earnings per share stood at -0.28. CIRP was initiated on September 27, 2024, under the Insolvency and Bankruptcy Code 2016. Auditors issued a qualified opinion, expressing concerns about the company's ability to continue as a going concern.
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Shree Hanuman Sugar & Industries , currently undergoing Corporate Insolvency Resolution Process (CIRP), has reported a significant increase in net loss for the quarter ended September 30, 2025. The company's financial results reveal a challenging period marked by minimal income and ongoing insolvency proceedings.
Financial Performance
The sugar manufacturer reported a net loss of Rs 52.54 lakh for the quarter, a substantial increase from the Rs 7.08 lakh loss recorded in the previous quarter. This decline in financial performance is reflected in the following key figures:
| Financial Metric | Amount (in Rs lakh) |
|---|---|
| Net Loss | 52.54 |
| Total Income | 0.69 |
| Total Expenses | 53.24 |
| Earnings Per Share | -0.28 |
Insolvency Proceedings
The company's financial struggles are further highlighted by its ongoing Corporate Insolvency Resolution Process:
- CIRP initiated on September 27, 2024, under the Insolvency and Bankruptcy Code 2016
- Resolution Professional confirmed during the first Committee of Creditors meeting on October 28, 2024
Auditor's Opinion
The company's auditors have issued a qualified opinion, citing concerns about Shree Hanuman Sugar & Industries' ability to continue as a going concern. This opinion is based on the ongoing insolvency proceedings and the company's financial position.
The significant gap between the company's income and expenses, coupled with the insolvency process, presents a challenging outlook for Shree Hanuman Sugar & Industries. Stakeholders and potential investors should closely monitor the progress of the CIRP and any potential resolutions that may emerge from this process.
Historical Stock Returns for Shree Hanuman Sugar & Industries
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.94% | -11.02% | +1.16% | +5.63% | -35.90% | +141.94% |
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