Meyer Apparel declares unaudited Q1 FY27 results

Meyer Apparel Ltd has announced its unaudited financial results for the quarter ended June 30, 2026. The Board of Directors met on August 12, 2026, to consider and approve these results along with the Limited Review Report from the statutory auditors. The company has provided the financial results on its website. A material uncertainty related to going concern has been highlighted due to losses incurred during the quarter and accumulated losses, leading to net worth erosion and current liabilities exceeding current assets. Management is confident in generating cash flows and exploring funding avenues.