September quarter loss and independent director resignation

Director resignedManagement Changes View source PDF Explain this filing

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On the reaction day the stock moved 1.1 pts more than its Non Banking Financial Company (NBFC) peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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AI summary

Board approved September 2026 unaudited standalone and consolidated results. Quarterly revenue was Rs 445.79 lakh and net loss Rs 43.66 lakh. Half-year revenue rose to Rs 1,201.23 lakh from Rs 23.46 lakh, while net loss narrowed to Rs 21.61 lakh from Rs 186.09 lakh. The auditor reported no material errors. Independent director Sridhar Natrajan Chandrasekharan resigned effective 2 November 2026.

Likely market impact

Quarterly loss and lower sales may hurt sentiment, while higher half-year sales and lower losses offer support. Director exit adds uncertainty.