Benara Bearings
15.12
+0.01(+0.07%)
Market Cap₹26.80 Cr
PE Ratio-
Company Performance:
1D+0.07%
1M+7.16%
6M-13.60%
1Y-5.79%
5Y-4.00%
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Latest news about Benara Bearings
Benara Bearings Reports ₹2,748.22 Crore Loss, Faces Auditor Disclaimer Over Financial Irregularities Aug 02, 2025
Benara Bearings and Pistons Limited reported a net loss of ₹2,748.22 crore, up from ₹312.73 crore last year. Auditors issued a disclaimer of opinion, citing concerns over inventory verification, asset recoverability, and non-performing assets. Revenue declined to ₹1,091.52 crore. The company is negotiating one-time settlements with lenders, including a ₹3,000 crore settlement against ₹5,138 crore dues. It faces tax demands of ₹5,150.47 crore for Income Tax and ₹911.07 crore for GST. Management changes include a new CFO appointment and the resignation of the Company Secretary.
Benara Bearings and Pistons Appoints New CFO Amid Leadership Changes Jul 31, 2025
Benara Bearings Reports Substantial Losses, Management Changes Amid Financial Challenges Jul 29, 2025