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Coral Newsprints
13.
50
-0.20
(-1.46%)
Market Cap
₹- Cr
PE Ratio
-
Industry
Forest Materials
Buy
Sell
Company Performance:
1D
-1.46%
1M
+17.29%
6M
+27.36%
1Y
-6.18%
5Y
+96.51%
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Latest news about Coral Newsprints
Coral Newsprints Reports Zero Revenue and Significant Net Loss in Half-Year Results
Nov 08, 2025
Coral Newsprints Limited disclosed its unaudited financial results for the half-year ending September 30, 2025, revealing severe financial challenges. The company reported zero revenue and a net loss of ₹16.79 lakhs. Total expenses amounted to ₹16.79 lakhs, primarily from employee benefits, depreciation, and other expenses. The balance sheet shows negative equity of ₹934.89 lakhs, with liabilities exceeding assets. The company has sold major portions of its plant and machinery, and auditors have raised concerns about its ability to continue as a going concern due to continuous losses and eroded net worth. Management states they are taking steps to improve commercial viability, though specific plans were not detailed.
Coral Newsprints Faces Severe Financial Challenges, Reports Zero Revenue in Q1
Jul 26, 2025
Coral Newsprints Limited Reports Zero Revenue and Going Concern Doubts in Q1 Review
Jul 26, 2025
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