Financial Resull for the quarter and half year ended September 30, 2025
Awaiting price reaction for this filing.
Prabhat Technologies reported standalone revenue from operations of about Rs 23.05 lakhs for Q2 FY26 (vs Rs 22.92 lakhs in Q2 FY25) and Rs 60.67 lakhs for H1 FY26 (vs Rs 22.83 lakhs in H1 FY25). The company posted a net loss of Rs 20.47 lakhs for Q2 FY26 and Rs 1,193.55 lakhs for H1 FY26, largely driven by an exceptional item of Rs 1,564.13 lakhs each quarter (linked to debt restructuring under the resolution plan). Reserves remain negative at Rs (290.91) lakhs, while liabilities under the resolution plan stand at about Rs 4,937 lakhs. The auditor issued a qualified conclusion, flagging that Non-Sustainable Debt recognized as part of reserves during CIRP awaits NCLT confirmation, and added an Emphasis of Matter on the ongoing insolvency proceedings. The company remains under CIRP since October 2019; a liquidation order was set aside by NCLAT in May 2024 and the matter is now pending before NCLT.
The company's operations remain under a Resolution Professional with the Board suspended, core revenues are negligible (around Rs 60 lakhs in six months), and losses are steep, signalling serious going-concern risk. Shareholders face continued uncertainty as the CIRP/liquidation matter is unresolved and the auditor has issued a qualified opinion, which may weigh on the stock and delay any meaningful recovery until the NCLT process concludes.