Announced Fri, 14 Nov · 20:16 IST

Unaudited Financial Results for the quarter and half year ended September 30, 2025 along with Statement of Assets and Liability, Cash Flow Statement and Limited Review Report.

Revenue Growth 20pctPat NegativeNegative Operating CashflowDebt Equity ThresholdResults View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Dhansafal Finserve Ltd (formerly Luharuka Media & Infra) reported unaudited Q2 and H1 FY26 results reviewed by ARCK & Co. with a clean limited review report. Revenue from operations jumped sharply to Rs. 275.55 lakhs in Q2 FY26 from Rs. 49.90 lakhs in Q2 FY25, while H1 FY26 revenue nearly tripled to Rs. 507.41 lakhs from Rs. 183.17 lakhs. Despite the topline surge, the company swung to a Q2 loss after tax of Rs. 9.56 lakhs, and H1 FY26 PAT dropped sharply to Rs. 5.37 lakhs from Rs. 31.42 lakhs as expenses — especially employee costs (Rs. 155.92 lakhs vs Rs. 21.58 lakhs) — ballooned. Borrowings rose to Rs. 2,642.65 lakhs from nil, while net cash from operating activities turned deeply negative at Rs. (2,683.69) lakhs, funded mainly by fresh warrants conversion and new secured loans.

Likely market impact

Strong revenue growth signals business expansion, but collapsing profitability and deeply negative operating cash flow raise concerns about near-term earnings quality. The sharp jump in borrowings and expenses means shareholders should watch margin trends and cash flow improvement in coming quarters before turning constructive.