Half-year revenue up 26% and net profit up 81%; Q2 slows versus Q1
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On the reaction day the stock moved 5.2 pts less than Nifty Microcap 250 and 5.2 pts less than its Industrial Minerals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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The board approved unaudited standalone and consolidated results for the quarter and half-year ended 30 September 2026. Half-year revenue rose 26% year on year to Rs 63.09 crore and net profit rose 81% to Rs 8.77 crore. Q2 revenue was Rs 23.55 crore and net profit Rs 2.32 crore; profit was 185% above the year-earlier quarter but below Q1. Operating cash flow was positive at Rs 28.57 crore, debt fell, and the limited review found no material issue.
Strong H1 profit and cash flow help, but Q2 profit was 64% below Q1 and revenue fell 40% sequentially, pointing to uneven near-term momentum.