Outcome of Board Meeting held today i.e., on Thursday, 13th November, 2025
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Awaiting price reaction for this filing.
The Board approved unaudited financial results for Q2 FY26 (quarter ended 30 Sep 2025) and H1 FY26. Revenue from operations jumped sharply to Rs. 1,965.40 lacs in Q2 FY26 from Rs. 351.79 lacs in Q2 FY25, taking H1 FY26 revenue to Rs. 2,531.44 lacs versus Rs. 351.79 lacs in H1 FY25. Net profit for Q2 FY26 stood at Rs. 88.78 lacs (vs Rs. 61.12 lacs in Q2 FY25), while H1 FY26 net profit rose to Rs. 148.76 lacs from Rs. 85.88 lacs, a growth of about 73% year-on-year. Basic EPS for H1 FY26 was Rs. 0.09 (on Rs. 1 face value, post a stock split from Rs. 10). The business operates in a single segment – trading of agricultural products. Total assets were broadly flat at Rs. 1,983.65 lacs, but operating cash flow turned sharply negative at Rs. -706.92 lacs versus Rs. -240.01 lacs a year ago, funded by Rs. 759.55 lacs of long-term loans and advances. The statutory auditor flagged pending verification of trade receivables, payables, loans and advances, and noted the company did not hold a GSTN during the period.
Strong YoY revenue and profit growth is positive for shareholders, but steeply negative operating cash flow, dependence on fresh loans, and the auditor's emphasis-of-matter on unverified balances and missing GSTN could raise concerns about earnings quality and disclosure standards.