
Genus Paper Declares Unaudited Q1 FY27 Results
Genus Paper & Boards Ltd announced its unaudited financial results for the quarter ended June 30, 2026. The Board of Directors approved and took on record the results, as recommended by the Audit Committee. The company's independent auditor, Jethani & Associates, has reviewed the financial statement. A significant emphasis of matter highlights a fire incident on May 24, 2026, at the Muzaffarnagar plant, causing a raw material inventory loss of ₹1,882.33 lakhs. The company has recognized this loss and an equivalent insurance claim receivable, presenting them on a net basis under exceptional items. Management is confident of full recovery and is determining claims for business interruption losses.
Key Highlights
- Unaudited financial results for Q1 FY27 declared.
- Board of Directors approved the results on August 11, 2026.
- Fire incident caused ₹1,882.33 lakhs inventory loss.
- Insurance claim receivable recognized for the full loss.
- Loss and claim presented net under exceptional items.
Price Impact
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