Pursuant to the SEBI Listing Regulations, the Board at its Meeting held on October 28, 2025 have approved: 1. Unaudited Financial Results for the quarter and half year ended September 30, ....
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The Board approved unaudited standalone and consolidated financial results for Q2 and H1 FY26 (quarter and half year ended September 30, 2025). Standalone Q2 performance sharply deteriorated, with total income falling to Rs. 284.22 lakhs from Rs. 759.41 lakhs a year ago, and the company swinging to a loss of Rs. 114.56 lakhs at the PAT level versus a profit of Rs. 715.75 lakhs in Q2 FY25. For H1 FY26, standalone PAT dropped to Rs. 546.72 lakhs from Rs. 1,434.69 lakhs, while consolidated PAT fell to Rs. 542.08 lakhs from Rs. 1,411.55 lakhs. The auditor issued an unqualified limited review, but flagged in the consolidated report that the foreign subsidiary Anjali Tradelink FZE's figures were not independently reviewed. Separately, Independent Director Mr. Devendra Lal Thakur resigned citing personal pre-occupation, and Mr. Ankit Tibrewala was appointed as a new Non-Executive Independent Director for a five-year term.
The sharp swing to a quarterly loss and steep fall in half-yearly profits signal weak operational performance for the quarter and are likely to weigh negatively on near-term investor sentiment. The board-level changes appear routine, with no governance red flags raised.