Outcome of Board Meeting held on Friday, November 14, 2025.
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The Board approved unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2025, along with limited review reports from Lodha & Co LLP (unqualified). Standalone revenue from operations fell sharply to Rs. 3,932 lakhs in Q2 FY26 from Rs. 11,371 lakhs in Q2 FY25, a drop of about 65%; for H1 FY26, revenue fell to Rs. 7,686 lakhs from Rs. 14,164 lakhs (about 46% lower). Standalone net profit after tax collapsed to Rs. 135 lakhs in Q2 FY26 from Rs. 2,252 lakhs a year earlier, while H1 FY26 net profit was Rs. 2,238 lakhs versus Rs. 2,905 lakhs. Finance costs surged roughly 78% year-on-year in Q2 to Rs. 2,371 lakhs, significantly weighing on profits. As a corporate action, joint venture Eduspace Services LLP was converted into wholly-owned subsidiary Eduspace Services Private Limited effective July 18, 2025.
Sharp sequential and year-on-year revenue and profit declines indicate a weak quarter for shareholders; the surge in finance costs and concentration in trading/investment segments raise concerns about earnings stability, though the auditor issued a clean review report and net worth remains strong at over Rs. 2 lakh crore.