Financial Result for 30-09-2025
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Equilateral Enterprises Ltd (formerly Surya Industrial Corporation Ltd) reported Q2 FY26 revenue from operations of ₹2,465.40 lakhs, up sharply from just ₹122.47 lakhs in Q2 FY25, an over 20-fold jump. Half-year revenue surged to ₹4,097.9 lakhs versus ₹255.88 lakhs in H1 FY25. Profit after tax for Q2 FY26 stood at ₹14.98 lakhs (EPS ₹0.12) compared to ₹2.72 lakhs (EPS ₹0.02) in the year-ago quarter. For the half year, the company swung from a loss of ₹5.01 lakhs to a profit of ₹31.06 lakhs. Other equity remained negative at -₹95.7 lakhs as of September 30, 2025, though improving from -₹126.76 lakhs at March-end. The statutory auditor issued an unqualified limited review report with no qualifications.
The dramatic revenue scale-up and return to profitability on a half-year basis are positive signals for shareholders, but the continued negative other equity and very small absolute profit margins warrant cautious optimism until sustained performance is demonstrated.