Agio Paper & Industries Ltd (516020)
Latest quarterly results (Q1 FY27)
In its latest reported quarter, Q1 FY27, Agio Paper's revenue was ₹0.0 Cr, and net profit ₹-0.5 Cr (a bigger loss than a year earlier).
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Revenue | ₹0.0 | — | — |
| Operating profit | ₹-0.2 | loss widened | loss widened |
| Net profit | ₹-0.5 | loss widened | loss widened |
| EPS (₹) | -0.30 | loss widened | loss widened |
📢 Recent Corporate Announcements
Agio Paper & Industries Ltd. has informed the exchange that Regulation 32(1) regarding Statement of Deviation or Variation is not applicable as the company has not raised any funds via public, rights, or preferential issues. This is a standard quarterly compliance filing pursuant to SEBI LODR regulations. The company currently has zero operational revenue (TTM Rs 0 Cr) with a net debt position and negative net worth of Rs -17 Cr.
- Regulation 32(1) statement of deviation is not applicable as no funds were raised.
- Filing submitted on August 14, 2026 under SEBI circular CIR/CFD/CMD1/162/2019.
- Company reported Rs 0 Cr revenue and net loss of Rs 18 Cr in FY26.
Agio Paper & Industries reported a net loss of ₹47.87 lakhs for the quarter ended June 30, 2026, compared to a net loss of ₹45.71 lakhs in the corresponding quarter of the previous year. Revenue from operations remained at nil, with only ₹0.34 lakhs earned via other income. Total expenses were ₹48.21 lakhs, driven primarily by finance costs of ₹30.57 lakhs. The statutory auditor highlighted material uncertainty regarding the company's going concern status, noting factory operations have been suspended since October 2010 and substantial plant machinery has been disposed of.
- Net loss stood at ₹47.87 lakhs for the quarter ended June 30, 2026 (vs loss of ₹45.71 lakhs in Q1 FY26).
- Revenue from operations was ₹0.00 lakh, with total revenue at ₹0.34 lakhs from other income.
- Total expenses reached ₹48.21 lakhs, including finance costs of ₹30.57 lakhs and employee benefits of ₹8.49 lakhs.
- Auditor flagged going concern uncertainty due to prolonged suspension of Bilaspur plant operations since October 6, 2010.
Agio Paper & Industries reported zero revenue from operations and a net loss of ₹47.87 lakhs for the quarter ended June 30, 2026, compared to a net loss of ₹45.71 lakhs in Q1 FY26. Total revenue stood at just ₹0.34 lakhs (other income), while finance costs of ₹30.57 lakhs drove the majority of total expenses (₹48.21 lakhs). Statutory auditors reiterated material uncertainty regarding going concern, noting factory operations have remained suspended since October 2010 and substantial plant assets have been disposed of.
- Revenue from operations remained at ₹0.00, with total income at ₹0.34 lakhs.
- Net loss widened to ₹47.87 lakhs from ₹45.71 lakhs in the year-ago quarter.
- Finance costs were ₹30.57 lakhs, accounting for over 63% of total expenses of ₹48.21 lakhs.
- Auditor flagged material uncertainty over going concern as plant operations have been shut since October 6, 2010.
Agio Paper & Industries has scheduled a board meeting for August 14, 2026, to approve un-audited financial results for the quarter ended June 30, 2026. The company is currently in a distressed financial state with zero revenue reported for the last four quarters and a TTM loss of Rs 18 Cr. With a negative net worth of Rs -17 Cr and a market capitalization of only Rs 5 Cr, the company's operational viability remains a significant concern. The meeting is a routine regulatory requirement under SEBI LODR regulations.
- Board meeting scheduled for August 14, 2026, at 04:45 P.M. at the Kolkata registered office.
- Results to be considered for the quarter ended June 30, 2026.
- Company reported Rs 0.0 Cr revenue for the entire FY26 and FY25.
- TTM Net Profit stands at a loss of Rs 18 Cr as of March 2026.
- Net worth is currently negative at Rs -17 Cr against a debt of Rs 17 Cr.
Financial Performance
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Strategic Growth
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External Factors
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Regulatory & Governance
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