Coral Newsprints
11.00
-0.79(-6.70%)
Market Cap₹5.60 Cr
PE Ratio-
Company Performance:
1D-6.70%
1M0.00%
6M+19.57%
1Y-46.34%
5Y+221.64%
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Latest news about Coral Newsprints
Coral Newsprints Faces Severe Financial Challenges, Reports Zero Revenue in Q1 Jul 26, 2025
Coral Newsprints Limited, listed on the Indian stock exchange, reported no turnover for the quarter ended June 30. The company faces continuous losses, eroded net worth, and a severe liquidity crisis with current liabilities exceeding current assets. Major portions of plant and machinery were sold during the last financial year and current quarter. Auditors highlight material uncertainty about the company's ability to continue as a going concern. Management prepares results on a going concern basis, indicating steps to improve commercial viability.
Coral Newsprints Limited Reports Zero Revenue and Going Concern Doubts in Q1 Review Jul 26, 2025