Astron Paper & Board Mill
14.25
-0.26(-1.79%)
Market Cap₹68.60 Cr
PE Ratio-
Company Performance:
1D-1.79%
1M-9.41%
6M-7.23%
1Y-38.15%
5Y-67.09%
View Company Insightsright
Latest news about Astron Paper & Board Mill
Astron Paper Reports Q1 FY2026 Loss Amid Plant Closures and Director Changes 2 days ago
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.