In compliance with Regulations 30 and 33 of the SEBI (LODR) Regulations, 2015 as amended, this is to inform your good office that the Board of Directors of the Company at their meeting ....
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Board approved unaudited standalone and consolidated results for Q2 and H1 ended September 30, 2025. On a standalone basis, revenue from operations dropped to nil in Q2 FY26 (vs Rs 1,648 lakhs in Q2 FY25), with H1 FY26 revenue at just Rs 8.61 lakhs versus Rs 12,420 lakhs last year, reflecting the company's transition to a holding-company structure. Standalone net loss narrowed to Rs 17.40 lakhs (Q2) and Rs 22.78 lakhs (H1). On a consolidated basis, revenue from the wine subsidiary fell sharply to Rs 8,238.82 lakhs in H1 FY26 from Rs 21,226.40 lakhs in H1 FY25, while net loss widened to Rs 913.59 lakhs from Rs 333.63 lakhs. Consolidated operating cash flow was negative at Rs 519.97 lakhs. The Board also approved voluntary delisting from the Calcutta Stock Exchange (the company will remain listed on BSE) and reconstituted board committees.
Shareholders will see continued losses at the consolidated level driven by weaker wine business performance, but standalone net worth remains healthy (Rs 30,095 lakhs) due to large investment holdings. The delisting from the regional Calcutta Stock Exchange is administrative and will not affect BSE trading liquidity.