Quarterly Result15 Sept 2026, 04:50 pm
CMI Ltd Approves Unaudited Financial Results for Q3 FY26
AI Summary
CMI Limited's Board of Directors, under the authorization of the Resolution Professional, has approved the unaudited financial results for the quarter and nine months ended December 31, 2025. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) initiated by Canara Bank. The results show a net loss for the period. The company operates under the guidance of the Resolution Professional during CIRP, with the board's powers suspended.
Key Highlights
- Unaudited financial results for Q3 FY26 approved.
- Company is under Corporate Insolvency Resolution Process (CIRP).
- Resolution Professional authorized the board's decision.
- Net loss reported for the quarter and nine months ended Dec 31, 2025.
- Board's powers are suspended during CIRP.
Price Impact
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