This is to inform The Exchange that the Board of Directors of the Company at their meeting held today i.e. on Tuesday, November 11, 2025 has approved the following:- 1) The Un-audited ....
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Awaiting price reaction for this filing.
The Board approved unaudited standalone and consolidated results for Q2 FY26 and H1 FY26 (ended 30 Sept 2025). On a consolidated basis, revenue from operations fell sharply to Rs 6,596 Lacs in H1 FY26 from Rs 11,938 Lacs in H1 FY25, a YoY decline of about 45%. Consolidated profit after tax dropped to Rs 41.84 Lacs (H1 FY26) from Rs 161.07 Lacs (H1 FY25), with consolidated EPS falling to Rs 0.28 from Rs 0.73. The Cylinder Division was the main drag, while the LPG Division showed modest improvement. On a standalone basis, revenue declined to Rs 282 Lacs (H1 FY26) from Rs 337.50 Lacs (H1 FY25), and PAT dipped to Rs 112.80 Lacs from Rs 132.39 Lacs. Notably, the standalone operating cash flow was negative at Rs -50.34 Lacs in H1 FY26 (vs Rs -20.46 Lacs in H1 FY25). Five subsidiaries together reported a combined loss of Rs 70.96 Lacs for H1 FY26. The results were jointly reviewed by auditors LNJ & Associates and Kamdar & Daga with unmodified conclusions.
Sharp YoY decline in both consolidated revenue (~45%) and consolidated profit (~74%) along with negative standalone operating cash flow signals operational weakness, likely weighing negatively on the stock. Subsidiary-level losses and weaker Cylinder Division performance are red flags warranting investor caution.