
Eurotex Industries declares Q1 FY27 unaudited standalone results
Eurotex Industries and Exports Ltd announced its unaudited standalone financial results for the quarter ended June 30, 2026. The Board of Directors approved these results in a meeting held on August 7, 2026. The limited review report highlights two key matters: a potential liability regarding electricity charges and duty amounting to Rs. 1680.26 lakhs and Rs. 305.54 lakhs respectively, for which the company is pursuing review petitions after adverse Supreme Court orders. Additionally, the report notes that the financial results are prepared on a going concern basis, despite the erosion of net worth and discontinued manufacturing operations since March 2019, with plans for future land development.
Key Highlights
- Unaudited standalone financial results for Q1 FY27 declared.
- Board approved results in meeting held on August 7, 2026.
- Potential liability of Rs. 1680.26 lakhs for electricity charges.
- Financials prepared on a going concern basis despite net worth erosion.
- Company plans future development of land assets.
Price Impact
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