Quarterly Result31 Jan 2026, 12:21 pm
Agio Paper & Industries Ltd. Submits Unaudited Standalone Financial Results for Quarter & Nine Months Ended 31st December 2025
AI Summary
Agio Paper & Industries Ltd. has submitted its unaudited standalone financial results for the quarter and nine months ended 31st December 2025. The company's operations are currently suspended due to pollution control issues. However, the company has disposed off its entire plant & machinery and substantial portion of CWIP. The management is considering various alternative business plans and has decided to impair the CWIP by 75% of its book value. The company will assess the impact of the Code on Social Security, 2020 when it comes into effect.
Key Highlights
- Submission of unaudited standalone financial results for the quarter and nine months ended 31st December 2025.
- Operations of the paper factory at Bilaspur are under suspension since 6th October 2010 due to pollution control issues.
- The company has disposed off its entire plant & machinery and substantial portion of CWIP.
- Management is considering various alternative business plans.
- The company has decided to impair the CWIP by 75% of its book value.
Price Impact
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