Coral Newsprints
11.88
-0.62(-4.96%)
Market Cap₹5.99 Cr
PE Ratio-9.62
Company Performance:
1D-4.96%
1M+28.43%
6M+8.00%
1Y+3.39%
5Y+144.95%
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More news about Coral Newsprints
08Nov 25
Coral Newsprints Reports Zero Revenue and Significant Net Loss in Half-Year Results
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.
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26Jul 25
Coral Newsprints Faces Severe Financial Challenges, Reports Zero Revenue in Q1
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.
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26Jul 25
Coral Newsprints Limited Reports Zero Revenue and Going Concern Doubts in Q1 Review
Coral Newsprints Limited reported no turnover for the quarter ended June 30, continuing a trend of losses that has eroded its net worth. The company's current liabilities exceed its current assets, and it has sold major portions of its plant and machinery. These factors have raised material uncertainty about the company's ability to continue as a going concern. Despite these challenges, management is preparing financial results on a going concern basis and taking steps to improve commercial viability.
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Coral Newsprints
11.88
-0.62
(-4.96%)
1 Year Returns:+3.39%
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