Outcome of Board Meeting held inter-alia, to approve the Unaudited Financial Results of the Company for the quarter and half year ended 30th September, 2025.
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The board approved the unaudited financial results for the quarter and half year ended 30 September 2025, with a clean (unqualified) limited review report from statutory auditor S. Ghose & Co. LLP. The company has zero revenue from operations across all reported periods — its entire income of Rs. 386.10 lakh in Q2 FY26 (vs Rs. 386.80 lakh in Q2 FY25) comes from 'Other Income', likely dividends from investments. Net profit after tax for Q2 FY26 stood at Rs. 288.85 lakh (EPS Rs. 12.89) vs Rs. 279.13 lakh in Q2 FY25, while H1 FY26 PAT was Rs. 284.42 lakh vs Rs. 272.56 lakh in H1 FY25. Total assets rose to Rs. 2,774.59 lakh (from Rs. 2,394.31 lakh at March 2025), driven mainly by an increase in other current assets. The company holds Rs. 1,889.10 lakh in non-current investments and has effectively no debt.
Core operations remain dormant — the company functions as an investment entity earning dividend income, so headline PAT is not a reflection of any business activity. Negative operating cash flow of Rs. 395 lakh is a concern, but it is offset by dividend receipts in investing activities, keeping cash position stable. For shareholders, the EPS is steady with no operational surprises; the stock remains a low-activity shell/investment vehicle rather than an operating business.