Latest news about Acme Resources
Acme Resources
28.21
-0.41(-1.43%)
Company Performance:
View Company Insights1D-1.43%
1M-5.49%
6M-3.42%
1Y-27.67%
5Y0.00%
More news about Acme Resources
11Nov 25
Acme Resources Reports Decline in Q2 Revenue Amid Ongoing Tax Challenges
Acme Resources Limited, a base layer NBFC, released Q2 FY2026 results showing a significant decline in standalone revenue and profit. Standalone revenue dropped to Rs. 42.27 lakhs from Rs. 172.55 lakhs year-over-year, while profit fell to Rs. 25.54 lakhs from Rs. 90.39 lakhs. Consolidated revenue, however, increased to Rs. 300.25 lakhs from Rs. 242.79 lakhs. The company faces ongoing challenges with the Income Tax Department, including provisional attachment of inventory worth Rs. 543.92 lakhs and tax demand notices totaling over Rs. 9,000 lakhs for multiple assessment years. These tax issues are under appeal and could significantly impact the company's future financial position.
30Oct 25
Acme Resources Reports Significant Loss Amid COVID-19 Challenges
Acme Resources Limited, an NBFC, reported substantial financial losses for FY 2020-21. Net loss increased by 527.58% to ₹1,739.72 crore, while total income decreased by 28.49% to ₹1,157.44 crore. The company made a provision of ₹2,404.63 lakhs for impairment on financial instruments due to borrower defaults during the pandemic. Acme Resources granted moratoriums to eligible borrowers as per RBI guidelines. The company operates in NBFC and property trading segments, with shares listed on BSE and CSE.
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