Q2 FY27 results approved; associate to begin commercial operations

Net loss reportedNegative operating cash flowResults View source PDF Explain this filing

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Price reactionminutes from the announcement price · days from the prior close

-2.5%Reaction day

₹27.80

prior close

₹27.49

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-1.7%-0.8% vs market

Breweries & Distilleries peers, median of 25sector-0.8%-1.7% vs sector

On the reaction day the stock moved 0.8 pts less than Nifty Microcap 250 and 1.7 pts less than its Breweries & Distilleries peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+4.6

10m

-5.1

15m

-2.3

30m

-2.3

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-2.5-1.7-0.8-0.8-1.7

Next day

-5.4-4.2-1.2-4.2-1.2

-10.8-5.2-5.5-5.0-5.7

-8.6-7.4-1.2-7.1-1.6

-10.8-7.0-3.8-7.4-3.4

-9.7-5.5-4.3-2.9-6.8

-14.1-4.8-9.3-5.2-8.9

15d

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UpDownMarket · Nifty Microcap 250Sector · Breweries & Distilleries peers, median of 25Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Board approved unaudited Q2 and H1 FY27 results for the quarter ended Sep 30, 2026. Standalone: no revenue, loss of Rs 17.21 lakhs in Q2 and Rs 32.15 lakhs in H1 versus Rs 32.56 lakhs loss in H1 FY26. Consolidated: loss of Rs 92.51 lakhs in Q2 and Rs 177.89 lakhs in H1 versus Rs 275.63 lakhs loss prior year. Board also noted associate Srilab Distilleries has cleared excise dues and will start commercial operations after brand registration. Consolidated operating cash flow was negative at Rs 338.99 lakhs.

Likely market impact

Continued losses with no core revenue weigh on stock; subsidiary starting operations is a potential future revenue trigger but profitability remains distant.

By the numbersConsolidated · Q2 FY27 vs Q2 FY26

	Q2 FY27	Q2 FY26	Change
Revenue	₹0.00 Cr	₹0.00 Cr	unchanged
Operating profit	−₹0.93 Cr	−₹2.38 Cr	loss narrowed
Profit after tax	−₹0.93 Cr	−₹2.38 Cr	loss narrowed
EBITDA margin	—	—	—

From the company's XBRL filing, not from the text above. Operating profit = profit before tax − exceptional items − other income. EBITDA = profit before tax + finance costs + depreciation − other income.