Astron Paper & Board Mill
18.05
+0.50(+2.85%)
Market Cap₹83.93 Cr
PE Ratio-
Company Performance:
1D+2.85%
1M+28.20%
6M+41.90%
1Y-25.60%
5Y-56.66%
View Company Insightsright
Latest news about Astron Paper & Board Mill
Astron Paper Reports Q1 FY2026 Loss Amid Plant Closures and Director Changes Aug 13, 2025
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.