BKM Industries filed delayed FY23 standalone and consolidated results on March 28, 2026, approximately three years late due to CIRP under IBC 2016.
Manufacturing operations were entirely non-operational in FY23; consolidated revenue from operations was nil, with a net loss of Rs. 213 lakhs.
Total current borrowings stood at Rs. 12,411 lakhs against total equity of only Rs. 1,204 lakhs, indicating extreme financial stress and leverage.
NCLT-approved Resolution Plan granted the company relief from past non-compliances including delayed submission of financial results.