Uniroyal Marine Exports Reports Revenue Decline and Profit Dip in Q1 FY2026
Uniroyal Marine Exports Limited announced unaudited Q1 FY2026 results, showing a substantial decrease in profit. Revenue from operations fell to ₹455.02 crores from ₹621.71 crores in the previous quarter. Net profit declined to ₹2.48 crores from ₹105.97 crores. The company's EPS stood at ₹0.00. Shareholders approved the sale of 180 cents of land with a building, with a condition for the buyer to lease back the building. The auditor noted that the company's status as a going concern depends on the outcome of this land sale bid.