Pursuant to Regulation 33 of SEBI (LODR) Regulations 2015 we enclosing herewith the following documents for the quarter and half year ended 30th September 2025 duly approved by the Board ....
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BKV Industries Ltd reported flat revenue of Rs 19.93 lakhs for Q2 FY26, unchanged from both the previous quarter (Q1 FY26) and Q2 FY25. Total income stood at Rs 20.75 lakhs against Rs 20.92 lakhs a year ago. However, total expenses surged to Rs 29.61 lakhs in Q2 FY26 (vs Rs 26.80 lakhs YoY), pushing the company into a net loss of Rs 8.86 lakhs for the quarter versus a loss of Rs 5.58 lakhs in Q2 FY25. For the half year, the firm swung from a profit of Rs 3.67 lakhs in H1 FY25 to a loss of Rs 10.88 lakhs in H1 FY26. Employee benefits expense doubled year-on-year, driving the cost pressure. The statutory auditor issued a clean (unmodified) limited review report with no qualifications.
The shift from profit to loss and rising employee costs without any corresponding revenue growth are negative signals for shareholders, though the company's balance sheet remains debt-free with healthy cash reserves (Rs 67.71 lakhs). Investors should monitor whether costs can be reined in to restore profitability.