Astron Paper & Board Mill
7.16
+0.11(+1.56%)
Market Cap₹33.29 Cr
PE Ratio-0.70
Company Performance:
1D+1.56%
1M-30.01%
6M-63.71%
1Y-58.08%
5Y-83.87%
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More news about Astron Paper & Board Mill
13Aug 25
Astron Paper Reports Q1 FY2026 Loss Amid Plant Closures and Director Changes
Astron Paper & Board Mill Ltd. reported a standalone net loss of Rs 495.61 lakhs for Q1 FY2026, with revenue plummeting to Rs 127.88 lakhs. Consolidated results show a net loss of Rs 526.07 lakhs. The company faces severe operational challenges with both Halved and Bhuj plants non-operational. Bank loans totaling Rs 81.85 crores have been declared NPAs. Management changes include the re-designation of Mr. Karshanbhai Hirabhai Patel and reconstitution of key committees. Auditors have issued a disclaimer of opinion, citing concerns about the company's ability to continue as a going concern.
1 Year Returns:-58.08%
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