BSEInfra Industries LtdHighNeutral
Announced Mon, 10 Nov · 18:58 IST

Financial Results for the quarter ended 30th September, 2025

Revenue DeclinePat NegativeNegative Operating CashflowResults RestatedGoing ConcernDebt Equity ThresholdResults View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Infra Industries reported revenue from operations of ₹401.11 lakhs for Q2 FY26, up from ₹73.62 lakhs in Q1 FY26 but down sharply from the half-year perspective — H1 FY26 revenue was ₹474.73 lakhs versus ₹1,392.27 lakhs in H1 FY25, a drop of about 66%. The company continued to post losses, with a Q2 FY26 loss of ₹40.84 lakhs (H1 FY26 loss of ₹86.62 lakhs), though smaller than the ₹112.80 lakhs loss in H1 FY25. The balance sheet shows negative net worth of ₹(185.00) lakhs, with total borrowings of around ₹540 lakhs against equity in the red. Cash flow from operations was negative at ₹(33.07) lakhs in H1 FY26. The statutory auditor (Karnavat & Co) issued an unqualified limited review report. Additionally, following an NCLAT order in July 2025 to meet Minimum Public Shareholding norms, the paid-up share capital was revised to ₹4.38 crore; trading in the stock remains suspended.

Likely market impact

Shareholders should note continued losses, a deeply negative net worth, and ongoing trading suspension, all of which point to serious financial distress despite a narrower sequential loss. The stock remains illiquid and high-risk, with no near-term visibility on a turnaround or resumption of trading.