Outcome of Board Meeting dated 10.11.2025
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
GSL Securities' Board met on November 10, 2025 and approved the unaudited financial results for Q2 FY26 (quarter ended September 30, 2025) along with the limited review report from statutory auditors M/s. V R S K & Co. LLP, which issued an unqualified (clean) review. Total income for Q2 FY26 stood at Rs 4.65 lakhs, up sharply from Rs 0.70 lakhs in Q1 FY26 and Rs 0.16 lakhs in the year-ago quarter, primarily from other operating income. The company reported a loss after tax of Rs 5.94 lakhs in Q2 (vs Rs 4.58 lakhs loss in Q2 FY25) and Rs 12.92 lakhs loss for H1 FY26 (vs Rs 12.46 lakhs). Cash and cash equivalents have dropped sharply to Rs 2.93 lakhs from Rs 5.31 lakhs at FY25 end.
The company continues to post losses, but revenue has improved meaningfully on a half-year basis (H1 FY26 total income rose to Rs 5.55 lakhs from Rs 1.67 lakhs), though off a very small base. Operating cash flows remain negative, cash balances are dwindling, and the company appears to be relying on sale of investments to fund operations — an area shareholders should monitor.