Premier Limited continues its challenging journey under the Corporate Insolvency Resolution Process (CIRP) following an NCLT order in January 2021. With its Board of Directors’ powers suspended and management by a Resolution Professional, the financial results for the quarter and nine months ended December 31, 2025, paint a grim picture.
The Financial Deep Dive
The Numbers:
For the third quarter of FY26, Premier Limited reported standalone revenue from operations of ₹29 Lakhs. This figure remained flat year-on-year but showed a drastic QoQ decline from ₹193 Lakhs in Q2 FY26. Total income, boosted by ₹93 Lakhs in other income, stood at ₹122 Lakhs. However, total expenses surged to ₹204 Lakhs, resulting in…