Cochin Malabar Estates declares Q2 FY27 unaudited results

Cochin Malabar Estates & Industries Ltd announced its unaudited financial results for the quarter and half-year ended September 30, 2026. The Board of Directors approved these results in a meeting held on October 30, 2026. A limited review report from the auditors, Singhi & Co., was also enclosed. The auditors noted that the company's net worth is fully eroded and current liabilities exceed current assets, raising concerns about its ability to continue as a going concern. However, the financial statements were prepared on a going concern basis, dependent on the company's ability to repay obligations and resume normal operations.