The Board considered and approved the unaudited standalone financial results along with the limited review report of the company for the quarter ended on 30th September 2025, together with ....
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Disha Resources' Board approved its Q2 and H1 FY26 standalone results on 14 November 2025. Revenue from operations surged to ₹46.36 lakhs in Q2 FY26, up sharply from just ₹3.25 lakhs in Q2 FY25, driven mainly by a new trading-others segment (₹16.36 lakhs) and trading in shares (₹29.93 lakhs). Despite the top-line jump, the company remained in the red with a Q2 loss of ₹1.09 lakhs (vs ₹21.19 lakhs loss a year ago), and H1 FY26 loss narrowed to ₹7.39 lakhs from ₹26.98 lakhs. A large ₹844.37 lakhs mark-to-market loss on equity investments hit Other Comprehensive Income, pulling Total Comprehensive Income deep into negative territory at ₹(599.58) lakhs for Q2. The statutory auditor (S N Shah & Associates) issued a clean, unqualified limited review report. Operating cash flow turned slightly negative at ₹(5.44) lakhs for H1 FY26 versus ₹448.01 lakhs positive a year ago.
The sharp revenue scaling is a positive signal, but the company is still operationally loss-making and a massive ₹1,168.72 lakhs fair-value haircut on its equity portfolio is wiping out shareholder wealth (net worth fell from ₹3,091 lakhs to ₹1,146 lakhs) — expect continued pressure on the stock until trading activity becomes consistently profitable.