Outcome for Board Meeting Held on November 11, 2025.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The board approved unaaudited standalone financial results for the quarter and half year ended September 30, 2025. Revenue from operations for H1 FY26 stood at Rs 2,866.01 lakhs versus Rs 5,954.96 lakhs in H1 FY25, a sharp decline of roughly 52%. Q2 FY26 (standalone) showed a loss before tax of Rs 777.66 lakhs, although H1 FY26 profit before tax remained positive at Rs 1,793.76 lakhs (vs Rs 4,954.11 lakhs a year ago). Cash flow from operating activities was deeply negative at Rs (4,147.75) lakhs for H1 FY26. The company has settled almost all of its short-term borrowings (down from Rs 5,724.85 lakhs to Rs 10.83 lakhs) to meet RBI eligibility criteria for NBFC registration, with the application currently under RBI review. Auditor Pulindra Patel & Co issued an unqualified (clean) limited review report.
Weak headline numbers and a quarterly loss may pressure the stock in the short term, but the clean-up of NBFC borrowings and pursuit of an NBFC registration could be a positive structural step for the company's long-term profile.