Foundry Fuel Products Ltd
Foundry Fuel Products Q2 FY27 Results: Net Loss of (Rs. 0.49) lakhs
RESULTS
▼ Concern Flagged
HIGH RISK
📅 Filed on BSE: 30 Oct 2026, 03:38 PM IST · BSE ID: 3fb64c90-a569-4545-9e46-ee2dcede67eb
View Original BSE Filing (PDF)
💡
In Simple Terms
The company reported a loss for the quarter and auditors flagged concerns about its ability to continue operations due to no business.
🤖 AI Summary
- Foundry Fuel Products reported a net loss of (Rs. 0.49) lakhs for Q2 FY27.
- Total expenses for the quarter ended September 30, 2026, were Rs. 5.48 lakhs.
- The company recorded no income from operations for the reported quarter.
- Auditors highlighted material uncertainty regarding going concern due to lack of business operations and negative net worth.
- The holding company committed to infusing funds for working capital requirements.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Profit/(Loss) for the period from continuing operations (Q2 FY27)
(Rs. 0.49) lakhs
Profit/(Loss) for the period from continuing operations (Q2 FY26)
(Rs. 0.19) lakhs
Total Income (Q2 FY27)
Rs. 0.00 lakhs
Total Expenses (Q2 FY27)
Rs. 5.48 lakhs
Other Equity (as at 30th September 2026)
(Rs. 962.58) lakhs
Cash and cash equivalents (as at 30th September 2026)
Rs. 1.60 lakhs
Total Assets (as at 30th September 2026)
Rs. 13.26 lakhs
Total Equity and Liabilities (as at 30th September 2026)
Rs. 13.26 lakhs
🏢 How This Affects the Company
The company continues to have no business operations, indicating no revenue generation or market presence in the reported period. Management is actively seeking a new suitable business project.
The company sustained a net loss of (Rs. 0.49) lakhs in Q2 FY27, contributing to negative other equity of (Rs. 962.58) lakhs. Current liabilities of Rs. 173.50 lakhs exceed current assets of Rs. 13.26 lakhs.
With no business operations, there are no significant changes to workforce, capacity, or supply chain activity. Administrative and other expenses of Rs. 5.22 lakhs reflect ongoing overheads.
The material uncertainty related to going concern, highlighted by auditors, indicates a significant risk to the company's continued existence without new business or external funding. The negative net worth further compounds this risk.
👥 What This Means For Shareholders
✅
Action Required
No action is required from shareholders based on this financial results filing.
👤
Who Is Affected
All shareholders are affected by the company's continued net losses and the auditors' ongoing material uncertainty related to going concern due to no business operations. The negative 'Other equity' of (Rs. 962.58) lakhs impacts book value.
🔍
Management Signal
Management's pursuit of a new suitable business project indicates an intent to revive operations and address the going concern issues, supported by holding company funding commitment.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Q3 FY27 financial results — check for any signs of new business operations.
Further updates on securing a new suitable business project.
Auditor's report for FY27 — assess ongoing going concern status.
HIGH RISK
Auditor's persistent going concern warning and continuous absence of business operations present significant risk.
💡 Investor Takeaway
Foundry Fuel Products reported a net loss of (Rs. 0.49) lakhs for the quarter ended September 30, 2026, with no income from operations. Auditors re-emphasized material uncertainty regarding going concern due to the absence of business activities and negative net worth of (Rs. 962.58) lakhs.
⚖️ Strengths & Concerns
⚠️ Concerns
- The company reported a net loss of (Rs. 0.49) lakhs for Q2 FY27, with no income from operations for the quarter.
- Auditors noted a material uncertainty regarding going concern due to no business operations, negative net worth of (Rs. 962.58) lakhs, and current liabilities exceeding current assets.
📅 Company Track Record
Foundry Fuel Products reported a full-year loss of (Rs. 25.76) million for FY26, accompanied by a going concern warning. This Q2 FY27 filing continues to show losses and highlights the same going concern uncertainty, with no business operations.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What was Foundry Fuel Products' net profit or loss in Q2 FY27?
Foundry Fuel Products reported a net loss of (Rs. 0.49) lakhs for the quarter ended September 30, 2026.
Did Foundry Fuel Products generate any income from operations in Q2 FY27?
No, Foundry Fuel Products reported zero income from operations for the quarter ended September 30, 2026.
What is the status of Foundry Fuel Products' going concern as per the auditors?
Auditors noted a material uncertainty related to going concern due to no business operations, negative net worth of (Rs. 962.58) lakhs, and current liabilities exceeding current assets.
What was Foundry Fuel Products' total expenses for Q2 FY27?
Total expenses for Foundry Fuel Products in the quarter ended September 30, 2026, amounted to Rs. 5.48 lakhs.
Questions based on this BSE filing only. For information purposes.