BKM Industries submits Q1 FY24 results nearly 3 years late, delayed due to Corporate Insolvency Resolution Process under IBC 2016.
Standalone and consolidated net loss of ₹26 lakhs for Q1 FY24; zero revenue from operations as manufacturing remained non-operational.
Total current borrowings stood at ₹12,411 lakhs against total equity of ₹1,177 lakhs, reflecting severe leverage and balance sheet stress.
NCLT-approved Resolution Plan granted immunity for past non-compliances including this delayed filing, enabling regularization.