The Board has approved the Unaudited Financial Results for the quater and half year ended 30th September 2025 and other businesses details mentioned herein.
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SER Industries (soon to be Desi Farms India Ltd) approved its unaudited financial results for Q2 and H1 FY26 ended 30 September 2025, with an unmodified (clean) limited review report from statutory auditor ANKH & Associates. Q2 standalone revenue fell sharply to about Rs. 3 lakh from Rs. 31 lakh in the previous quarter, while H1 FY26 net profit came in at Rs. 17.83 lakh versus a loss of Rs. 18.09 lakh in H1 FY25, marking a turnaround. The Board also approved renaming the company to Desi Farms India Limited, adding dairy products (milk, ghee, cheese, butter, yogurt) to its main business objects. Additionally, authorised share capital is proposed to jump roughly 9x from Rs. 6 crore to Rs. 55 crore, and the registered office will shift from Bengaluru (Karnataka) to Pune (Maharashtra), all subject to shareholder and regulatory approvals. Board committees (Audit, NRC, Stakeholders Relationship) were also reconstituted.
Mixed for shareholders: YoY results show a swing to profit, but the Q2 sequential revenue drop is a red flag. The proposed name change and dairy pivot signal a strategic transformation, while the steep authorised capital increase hints at possible future fundraising that could dilute existing shareholders; investors should watch for the postal ballot outcome and any subsequent equity issuance.