Coral Newsprints Ltd (530755)
Latest quarterly results (Q1 FY27)
In its latest reported quarter, Q1 FY27, Coral Newsprints' revenue was ₹0.0 Cr, and net profit ₹-0.1 Cr (a smaller loss than a year earlier).
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Revenue | ₹0.0 | — | -100.0% |
| Operating profit | ₹-0.1 | loss widened | loss widened |
| Net profit | ₹-0.1 | loss narrowed | to loss |
| EPS (₹) | -0.28 | loss narrowed | to loss |
📢 Recent Corporate Announcements
Coral Newsprints reported zero revenue for the quarter ended June 30, 2026, as the company has ceased production activities. The company recorded a net loss of Rs 14.20 lakhs, driven by employee costs and administrative expenses. The independent auditor issued a 'going concern' warning, noting that the company sold all its plant and machinery during the previous financial year. With a negative net worth of approximately Rs -9 Cr and no operating assets, the company's survival is critically dependent on promoter support.
- Revenue from operations stood at Rs 0.00 lakhs for the quarter ended June 2026
- Total expenses of Rs 14.20 lakhs were incurred, including Rs 7.42 lakhs in employee benefits
- Net loss for the quarter amounted to Rs 14.20 lakhs, resulting in an EPS of -0.56
- Auditor confirmed 100% of plant and machinery was sold during the last financial year
- Net segment assets are reported at Rs 163.92 lakhs against liabilities of Rs 30.08 lakhs in the filing, though context shows total net worth is -Rs 9 Cr
Coral Newsprints reported zero revenue for the quarter ended June 30, 2026, continuing its trend of operational inactivity. The company's net worth remains eroded (Rs -9 Cr as per latest context), and current liabilities exceed current assets. Most critically, the auditor confirmed that all plant and machinery were sold during the previous financial year, leaving the company without its core manufacturing infrastructure. The auditor has issued a 'going concern' warning, stating that survival is entirely dependent on fund infusion and business generation by the directors.
- Zero turnover achieved for the quarter ended June 30, 2026
- All plant and machinery sold during the previous financial year, leaving the company without production assets
- Net worth remains eroded with current liabilities exceeding current assets
- Auditor issued a material uncertainty warning regarding the company's ability to continue as a going concern
- Company reported a net loss of Rs 0.32 Cr in FY26 on a revenue of just Rs 0.13 Cr
Coral Newsprints Ltd has scheduled a Board of Directors meeting for July 29, 2026, to discuss the agenda and allied matters. This meeting follows a period of significant financial distress, with the company reporting a negative net worth of Rs -9 Cr and zero revenue for most of FY25. The company's market capitalization remains extremely small at approximately Rs 5 Cr. Investors should monitor the meeting outcome for any potential updates on operational restarts or financial restructuring.
- Board meeting scheduled for July 29, 2026, at 3:00 P.M. in Delhi
- Company reported a negative net worth of Rs -9 Cr as per latest context
- TTM revenue stands at nearly zero, with only Rs 0.13 Cr reported in Mar 2026
- Promoter holding has remained stagnant at 22.17% since June 2025
Coral Newsprints Ltd has filed a non-applicability letter regarding the Annual Secretarial Compliance Report for the quarter ended June 30, 2026. The company qualifies for exemption under SEBI Regulation 15(2) as its paid-up equity capital of ₹5.05 crore is below the ₹10 crore threshold. Notably, the company reported a negative net worth of ₹71.25 lakh as of March 31, 2026, which is well below the ₹25 crore threshold for mandatory compliance. This filing is a routine administrative update confirming its small-cap regulatory status.
- Paid-up equity share capital stood at ₹5,05,27,000 as of March 31, 2026
- Company reported a negative net worth of ₹71,25,294 as of the end of the previous financial year
- Exemption claimed under Regulation 15(2) for entities with capital under ₹10 crore and net worth under ₹25 crore
- The filing specifically covers the compliance requirements for the quarter ended June 30, 2026
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