Outcome of Board Meeting
Price
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Awaiting price reaction for this filing.
The Board of BMB Music & Magnetics approved unaudited financial results for Q2 and H1 FY26 (ended September 30, 2025), along with a Limited Review Report by auditors Vinod Singhal & Co. LLP. Total income for Q2 FY26 came in at just ₹4.00 lakhs against ₹94.82 lakhs in Q2 FY25, an extremely sharp drop, while H1 FY26 income was ₹94.00 lakhs versus ₹125.82 lakhs in H1 FY25. Profit after tax for H1 FY26 was ₹56.31 lakhs (vs ₹11.22 lakhs in H1 FY25), though the company continues to carry a negative balance in Other Equity of ₹(195.12) lakhs. The Board also accepted the resignation of Ms. Swati Maheshwari as Company Secretary & Compliance Officer and appointed Mr. Prateek Bhansali in her place from November 12, 2025. Additionally, the Board noted an application submitted to BSE for revocation of the trading suspension on the stock.
Investors should note the steep Q2 revenue decline and the fact that the shares remain suspended from BSE trading pending the revocation application, which limits liquidity. Persistent negative reserves of ₹(195.12) lakhs indicate accumulated losses remain a structural concern despite reported profit for the period.