Outcome of Board meeting
Price
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Challani Capital's Board, at its 10 November 2025 meeting, approved the unaudited financial results for Q2 FY26 (quarter ended 30 September 2025). The results show revenue from operations of Rs. 35.55 lakhs in Q2 FY26, roughly flat compared to Rs. 34.85 lakhs in Q2 FY25, but sharply lower than Rs. 74.44 lakhs in the preceding quarter (Q1 FY26). Net profit for Q2 FY26 was Rs. 4.97 lakhs (EPS Rs. 0.03), versus Rs. 44.39 lakhs in Q1 FY26 and Rs. 35.63 lakhs in Q2 FY25, indicating a steep sequential and YoY drop in profitability. Statutory auditor RSM & Associates issued a clean limited review report with no qualifications. The Board also accepted the resignation of Ms. Shuba Lakshmanan from the roles of Company Secretary, Compliance Officer, and CFO, effective close of business on 14 December 2025.
The sharp sequential fall in both revenue and profit suggests weaker Q2 operating performance, which could weigh on investor sentiment. The exit of the combined Company Secretary and CFO ahead of year-end audit may raise short-term governance concerns until a replacement is announced.