Consolidated Q2 revenue and profit fall; auditor cannot conclude on results
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Board approved Q2 and half-year unaudited results for September 2026. Consolidated operating revenue fell 19.0% year on year to Rs. 2,501.84 lakh and net profit fell 45.0% to Rs. 23.10 lakh. Bond conversion added 34.07 crore shares in the quarter. The auditor could not conclude, citing loans of Rs. 735.13 lakh and trade receivables of Rs. 2,943.89 lakh without expected-loss assessment. A suspended subsidiary had negative net worth.
Consolidated revenue and profit fell; 34.07 crore new shares dilute ownership. Receivable and subsidiary doubts also raise share-price risk.