Outcome of Board Meeting held on 16/10/2025
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The board approved the unaudited financial results for the quarter and half-year ended September 30, 2025, along with the Limited Review Report from statutory auditor TSG & Associates. Total income for Q2 FY26 stood at ₹34.38 lakhs, down sharply from ₹79.39 lakhs in Q2 FY25. Despite the revenue drop, net profit rose to ₹14.70 lakhs (vs ₹12.18 lakhs in Q2 FY25), with EPS of ₹0.27. For the half-year, profit after tax was ₹26.88 lakhs. The auditor issued an unqualified opinion stating the results give a true and fair view. The board also appointed Whole-time Director Mrs. Chitra Sivaramakrishnan as Nodal Officer under IEPF Rules, noted the Audit Committee and Internal Audit reports, and recorded the shareholding pattern and share capital audit. No investor complaints were pending during the quarter.
Sharp revenue decline in Q2 is a concern for shareholders, though profits held up well. The clean audit report and zero investor complaints are positive signals, but watch for whether the income drop is a one-off or a trend.