Enclosed herewith Financial Results for the Quarter ended 30/09/2025 along with LRR
Awaiting price reaction for this filing.
Nutricircle Limited reported its Q2 FY26 results with revenue from operations of Rs. 515.11 lakhs, up sharply from Rs. 219.17 lakhs in the previous quarter (Q1 FY26). For the half-year, revenue stood at Rs. 734.28 lakhs versus nil in the same period last year, suggesting a significant business ramp-up. The company swung to a profit after tax of Rs. 9.54 lakhs in H1 FY26 compared to a loss of Rs. 55.47 lakhs in H1 FY25. EPS for H1 was Rs. 0.10. Auditor NSVR & Associates issued an unqualified limited review report. However, accumulated reserves remain deeply negative at Rs. (420.19) lakhs, and operating cash flow was negative at Rs. (181.43) lakhs for the half-year.
The turnaround from loss to profit is positive, but small absolute profits, deeply negative reserves, negative operating cash flow, and a very low cash balance (Rs. 0.32 lakhs) raise concerns about earnings quality and financial sustainability. Investors should watch for consistent profitability and improvement in cash generation.