{"url":"https://newsforagent.com/news/2026-11-11/shree-rajeshwaranand-paper-mills-q2-loss","markdown_url":"https://newsforagent.com/news/2026-11-11/shree-rajeshwaranand-paper-mills-q2-loss.md","title":"Shree Rajeshwaranand Paper Mills Posts ₹5.28 Lakh Q2 Loss","headline":"Shree Rajeshwaranand Paper Mills Q2FY27 Loss Widens to ₹5.28 Lakh on Zero Revenue","description":"Shree Rajeshwaranand Paper Mills posted a ₹5.28 lakh net loss for Q2FY27 with nil revenue, as equity share capital rose to ₹65.74 lakh from ₹30.48 lakh.","section":"Earnings & Results","published_at":"2026-11-11T08:18:53+00:00","modified_at":"2026-11-11T08:18:53+00:00","author":"News Desk","key_takeaways":["Shree Rajeshwaranand Paper Mills reported a standalone net loss of ₹5.28 lakh for Q2FY27 with zero revenue from operations.","Equity share capital rose to ₹65.74 lakh as on September 30, 2026, from ₹30.48 lakh on June 30, 2026.","The board approved a revised allottee list on October 8, 2026 for a preferential issue of 1.20 crore equity shares aggregating to ₹12 crore."],"companies":[{"name":"Shree Rajeshwaranand Paper Mil","is_primary":true,"profile_url":null,"website":"http://www.rajeshwaranandpaper.com"}],"source":{"publisher":"ScanX","title":"Shree Rajeshwaranand Paper Mills Q2FY27 loss widens to ₹5.28 lakh, zero revenue","url":"https://scanx.trade/stock-market-news/companies/shree-rajeshwaranand-paper-mills-q2fy27-results-loss-widens-5-28-lakh/55597182"},"other_sources":[],"tags":["Earnings & Results","Shree Rajeshwaranand Paper Mil"],"body_markdown":"Shree Rajeshwaranand Paper Mills reported a standalone net loss of ₹5.28 lakh for the second quarter of fiscal year 2027, with revenue from operations at nil. The board approved the unaudited results on November 7, 2026, [ScanX](https://scanx.trade/stock-market-news/companies/shree-rajeshwaranand-paper-mills-q2fy27-results-loss-widens-5-28-lakh/55597182) reported. The company's equity share capital rose to ₹65.74 lakh from ₹30.48 lakh in the prior quarter.\n\n## Inside the Q2FY27 Results\n\nShree Rajeshwaranand Paper Mills operates in a pre-commercial phase, with expenses driven by administrative and statutory compliance costs, according to the filing. Revenue from operations was nil for both the quarter and the half-year ended September 30, 2026. For H1FY27 the company recorded a loss of ₹11.12 lakh, against ₹11.06 lakh in the corresponding period of the previous year.\n\nTotal expenses for the quarter were ₹5.28 lakh, compared with ₹9.83 lakh in Q2FY26. Other income was ₹0.03 lakh for H1FY27. Basic earnings per share were a loss of ₹0.17 for the quarter and a loss of ₹0.36 for the half-year.\n\nTotal assets stood at ₹558.98 lakh as on September 30, 2026, against ₹556.73 lakh as on March 31, 2026. Property, plant and equipment accounted for ₹538.71 lakh of that base. Total equity was negative at ₹3,646.91 lakh, offset by share application money pending allotment of ₹4,200.89 lakh. Cash and cash equivalents rose to ₹0.84 lakh from ₹0.13 lakh at the start of the fiscal year.\n\n## The ₹12 Crore Preferential Issue\n\nOn October 8, 2026, the board approved a revised allottee list for a preferential issue of 1.20 crore equity shares aggregating to ₹12 crore, ScanX reported. The shares represent approximately 94.81% of the post-allotment capital. Promoter Pratik Kakadia is allotted 55.27% of the new shares and Ramjibhai Kakadiya 31.18%. The board authorized applications to BSE Limited for in-principle approval of the listing.\n\n## Auditor Change and NCLT Extension\n\nShree Rajeshwaranand Paper Mills appointed H. L. Saini & Co. As statutory auditor effective September 1, 2026, after K P J & Co. Resigned, ScanX reported. The NCLT granted a one-month extension for the company's FY25 and FY26 annual general meetings. The new auditor will serve until the ensuing AGM.\n\nThe company's [own site](http://www.rajeshwaranandpaper.com) carries its corporate information. The board's October 8, 2026 authorization covers applications to BSE Limited for in-principle approval of the preferential issue listing.\n","publisher":{"name":"News for Agent","url":"https://newsforagent.com"}}