Restile Ceramics
9.48
+0.37(+4.06%)
Market Cap₹93.14 Cr
PE Ratio-
Company Performance:
1D+4.06%
1M-1.15%
6M+68.68%
1Y+35.24%
5Y+374.00%
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Latest news about Restile Ceramics
Restile Ceramics Reports Reduced Q1 Loss, Appoints New Auditors Amid Going Concern Issues Aug 05, 2025
Restile Ceramics Limited reported a reduced net loss of Rs 10.92 lakh for Q1, down from Rs 23.65 lakh year-on-year. Revenue increased by 49% to Rs 75.30 lakh. However, auditors raised concerns about the company's ability to continue as a going concern, citing negative cash flows and substantial losses. In response, the company announced new appointments including Secretarial Auditors and an Internal Auditor, and plans for operational restructuring.