Ballarpur Industries Approves Quarterly Results, Appoints Cost Auditor for FY 2026-27
Ballarpur Industries Limited has approved its un-audited standalone and consolidated financial results for the quarter ended June 30, 2026. The company also appointed M/s Bahadur Murao & Co., Cost Accountants as the Cost Auditors for the fiscal year 2026-27.The Board of Directors reviewed and approved both sets of financials following the meeting held on August 10, 2026.
Key Financial Highlights
Reviewing the un-audited standalone financial results for the quarter ended June 30, 2026, the company reported a Net Profit/(loss) after tax of (3,062.58) lakhs against Total Income of 8,480.65 lakhs. The entity reported an Earnings per equity share before exceptional items of (5.57).The un-audited consolidated financial results for the quarter showed a Net Profit/(loss) after tax for the year at (8,073.24) lakhs, with Total Income reaching 9,692.72 lakhs.
A summary of the key standalone financial metrics for the quarter ended June 30, 2026, is provided below:
| Particulars | Value (lakhs) |
|---|---|
| Total Income | 8,480.65 |
| Total Expenses | 11,543.23 |
| Net Profit/(loss) after tax | (3,062.58) |
| Net worth | 29,721.28 |
| Debt equity ratio | 2.75 Times |
Operational Updates and Strategic Focus
The company's financial strategy includes the ongoing monetization of certain identified assets that are not essential to its core business operations. Management has confirmed that additional funds were raised through the issuance of Non-Convertible Debentures (NCDs) and Unlisted Non-Cumulative Redeemable Preference Shares to meet capital expenditure and operational funding requirements for its manufacturing facility, which commenced commercial production on December 1, 2025.Regarding compliance matters, the management has noted that two bank accounts related to unpaid dividends held an aggregate balance of 16.24 lakhs as at June 30, 2026. As the stipulated seven-year period had elapsed for these dividend warrant accounts, the company is undertaking processes to facilitate their transfer to the Investor Education and Protection Fund (IEPF).
Asset Status and Uncertainty Notes
The annual results indicate that non-current assets amounting to 44,372.11 lakhs have been classified as held for sale. The management continues to state that the sale of these assets is highly probable and expected within a short timeframe, and they are actively pursuing this monetization in line with the Resolution Plan.The independent auditors' review report noted that the company operates in a single business segment—the manufacturing of Paper Products. Furthermore, the results were prepared on a going concern basis, which management believes will provide adequate resources to meet financial obligations, based on raised funding and planned asset sales.
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