Benara Bearings
9.24
-9.24(-100.00%)
Market Cap₹16.40 Cr
PE Ratio-0.58
Company Performance:
1D-100.00%
1M-100.00%
6M-100.00%
1Y-100.00%
5Y-100.00%
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More news about Benara Bearings
29Jul 25
Benara Bearings Reports Substantial Losses, Management Changes Amid Financial Challenges
Benara Bearings and Pistons Limited (BBPL) has reported a net loss of ₹2,186.63 crore for the half-year ended September 30, a significant increase from the ₹54.87 crore loss in the previous period. The company's net worth has turned negative with reserves showing a deficit of ₹2,045.96 crore. Total assets decreased by 11.42% while current liabilities increased by 8.87%. Auditors have raised concerns about inventory valuation, recoverability of non-current assets, and ongoing negotiations with lenders for NPAs. The company is facing going concern uncertainties due to cash losses of ₹1,163.01 crore and negative net worth.
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Benara Bearings
9.24
-9.24
(-100.00%)
1 Year Returns:-100.00%
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