Bihar Sponge Iron: Profit **228%** bhaga, par auditor ne di warning! Plant bhi band?

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AuthorRiya Kapoor|Published at:
Bihar Sponge Iron: Profit **228%** bhaga, par auditor ne di warning! Plant bhi band?
Overview

Yaar, Bihar Sponge Iron ne Q3 mein profit **228%** badhaya hai, revenue bhi **63.8%** upar gaya. Magar asli drama toh ab shuru hua hai! Unka auditor bol raha hai ki companies pe bade karze hain jinka provision nahi kiya, aur sabse badi baat, unka plant toh **February 6** ko achanak band ho gaya bina bataye!

📈 Numbers ka Dhamaka, Par Risk Bhi Huge!

Bihar Sponge Iron Limited (BSIL) ne apne Q3 FY26 ke results nikale hain aur numbers toh ekdum zabardast lag rahe hain! Pichle saal ki comparison mein, company ka Net Revenue 63.8% badhkar ₹8,730.22 Lakh ho gaya. Aur profit? Woh toh aag laga di, 228.5% jump karke ₹620.85 Lakh pahunch gaya! Basic Earnings Per Share (EPS) bhi 187.5% badhkar ₹0.69 ho gaya hai. Aur poore nau mahine ki baat karein toh bhi profit 43.2% badhkar ₹1,007.31 Lakh tak pahuncha hai. Aisa lag raha tha ki sab kuch smooth chal raha hai.

🏭 Plant Band: Yeh Kya Ho Gaya?

Par bhaiyon, yeh khushkhabri zyada der tik nahi payi. Company ne bataya hai ki February 6, 2026 ko, M/s Vanraj Steels Private Limited, jo BSIL ka manufacturing plant chala rahi thi, usne sabko surprise dete hue, bina koi pehle warning ya notice diye plant band kar diya! Ab company soch rahi hai ki iske khilaaf kya legal action lein. Yeh achanak band hona revenue ke liye toh bahut bada jhatka hai.

🚨 Auditor Ki 'Qualified Conclusion' Warning!

Aur ab sabse badi red flag wali baat. Company ke auditors, Doogar & Associates, ne 'Qualified Conclusion' diya hai. Iska matlab hai ki report mein kuch bade issues hain jinke baare mein auditors ko chinta hai.

  • SECL Penalty: South East Coalfields Ltd. (SECL) ne coal kam uthane ki wajah se ₹215.28 Lakh ki penalty lagayi thi, jiska koi provision company ne nahi kiya hai. Court mein company ka case toh dismiss ho gaya tha, par ab woh appeal kar rahe hain. Yeh ek bada, unprovided financial liability hai.
  • Jharkhand Govt. Loan Interest: Jharkhand sarkaar ke ek soft loan par ₹11,672.65 Lakh ka interest jama ho gaya hai. Company ne sirf ₹2,746.19 Lakh ka provision kiya hai (August 2013 tak). Ab company poore interest maaf karne ki maang kar rahi hai, lekin yeh abhi confirm nahi hai.
  • Promoter Loans: Promoter entities se liye gaye loans ke baare mein amount disclose hi nahi kiya gaya hai. Sirf OTS (One Time Settlement) proposal chal raha hai. Amount na batana ek badi opacity (andhera) hai.

Yeh sab unprovided liabilities ekdum bade financial risks hain. Auditors ka kehna hai ki in unresolved issues ki wajah se company ki financial health aur profitabilty par bahut bada fark pad sakta hai. Toh bhaiyon, jo 228% ka profit dikh raha hai, uske peeche yeh sab bade risks hain jo company ke future ko dhundhla kar rahe hain. Investors ko SECL penalty ka case, Jharkhand loan ka waiver, promoter loans ka hisaab aur Vanraj Steels se plant khulne ki khabar par dhyan dena hoga.

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