Nilachal Refractories Approves Unaudited Q1 FY27 Results

Nilachal Refractories Limited announced that its Board of Directors has considered and approved the unaudited financial results for the quarter ended June 30, 2026. The Board meeting took place on August 14, 2026. Mr. Vimal Prakash, Director, has been authorized to sign the financial results. The company's auditor, Jain Saraogi & Co LLP, has issued a limited review report. The report highlights several material uncertainties, including the lack of actuarial valuation for employee benefits, non-redemption of preference shares with accumulated dividends, and the classification of manufacturing assets as held for sale, with the company proposing to focus on the ferro-alloys sector.