The Board of Directors at their Meeting held on 11th November, 2025 considered and approved the Financial Results of the Company for the quarter and half year ended 30th September, 2025
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Elango Industries' Board approved unaudited financial results for the quarter and half year ended 30th September 2025 on 11th November 2025. Revenue from operations for Q2 FY26 stood at Rs. 2.52 lakhs versus Rs. 0.18 lakhs in Q2 FY25, while H1 FY26 revenue rose to Rs. 23.88 lakhs from Rs. 4.50 lakhs in H1 FY25. The company reported a narrowed net loss of Rs. 0.94 lakhs in Q2 FY26 (vs Rs. 3.15 lakhs loss in Q2 FY25) and Rs. 5.83 lakhs loss for H1 FY26 (vs Rs. 12.74 lakhs loss in H1 FY25), with EPS of Rs. (0.02) for the quarter. The statutory auditor P. Pattabiramen & Co. issued a qualified conclusion, flagging recoverability of Rs. 1.10 crore shown as electricity subsidy receivable under Loans & Advances, a qualification that has been repeating since March 2022. The company's reserves remain negative at Rs. (10.76) lakhs, and cash flow from operations was negligible at Rs. 0.00 lakhs.
Shareholders should note the persistent qualified audit opinion on a long-pending electricity subsidy receivable, combined with negative reserves and continued losses, points to ongoing financial weakness. The narrowing of losses and revenue uptick from a very low base offer marginal comfort but do not change the weak fundamental picture.