Extract of statement of unaudited financial results of the company for the quarter ended 30th September 2025.
Awaiting price reaction for this filing.
The company has submitted its unaudited financial results for Q2 FY26 (quarter ended September 30, 2025), which were approved by the board on November 13, 2025 and published in Gujarat Mitra and Western Times newspapers on November 14, 2025. Revenue from operations for the quarter stood flat at Rs 382.69 lakhs, same as the year-ago quarter. However, the company reported a net loss of Rs 15.43 lakhs for the quarter, significantly wider than the Rs 2.68 lakhs loss in Q2 FY25. For the half-year (H1 FY26), the loss expanded to Rs 16.75 lakhs compared to Rs 12.39 lakhs in H1 FY25. Loss per share for the quarter was Rs 2.96 and Rs 3.22 for the half-year. Notably, the full year FY25 (audited) had shown a profit of Rs 27.82 lakhs with EPS of Rs 5.34, making the current losses a reversal.
Continued and widening losses, along with a reversal from prior-year profitability, point to operational stress and are a negative signal for shareholders. Investors may view this quarter's results unfavorably given the deteriorating bottom line despite stable revenue.