36m ago
CMI Ltd Q1FY26 net loss narrows 63.4% YoY to ₹128.51 lakh
CMI Ltd reported a net loss of ₹128.51 lakh for the quarter ended June 30, 2025, narrowing from ₹351.66 lakh a year earlier. Revenue from operations fell to ₹1,380.25 lakh in Q1FY26 from ₹1,561.22 lakh in Q1FY25. Total expenses declined to ₹1,526.89 lakh from ₹1,931.66 lakh, helping offset the drop in revenue. The company remains under a Corporate Insolvency Resolution Process (CIRP), with the board’s powers suspended and auditors flagging limits in verifying certain balances and records.
36m ago