Outcome of the Board Meeting held on 14th November 2025.
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Eforu Entertainment Ltd (formerly Tavernier Resources Ltd) announced its unaudited financial results for Q2 FY26 (quarter ended September 30, 2025) and H1 FY26 (half year ended September 30, 2025), approved at the board meeting on November 14, 2025. Revenue from operations for Q2 FY26 stood at Rs. 70.55 lakhs, up from Rs. 30.89 lakhs in Q1 FY26, while H1 FY26 revenue totalled Rs. 101.44 lakhs compared to Rs. 25.95 lakhs in H1 FY25. The company swung to a net profit of Rs. 58.57 lakhs in Q2 FY26 and Rs. 74.45 lakhs in H1 FY26, versus a loss of Rs. 0.91 lakhs and Rs. 6.21 lakhs respectively in the same periods last year. Earnings per share stood at Rs. 1.25 for H1 FY26 versus a loss per share of Rs. 0.10 in H1 FY25. The auditor (H.S. Jani & Associates) issued an unqualified limited review report with no modifications or concerns flagged.
Strong turnaround story with revenue more than tripling in H1 and a return to profitability after prior-year losses, though the absolute numbers remain very small. Cash and equivalents declined sharply to Rs. 161.92 lakhs from Rs. 431.59 lakhs due to investments of Rs. 500 lakhs, which shareholders should monitor closely.