Q2 FY26 Rs 2.12 lakh profit amid negative net worth and business inactivity
GLFL · price
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Revenue from operations was nil for Q2 FY26 and the six months ended September 30, 2025. Quarterly profit was Rs 2.12 lakh, down from Rs 2.45 lakh, while the six-month loss was Rs 3.74 lakh. Operating cash outflow was Rs 20.07 lakh. Net worth was negative Rs 409.41 lakh, with liabilities of Rs 1,043.85 lakh exceeding assets of Rs 634.44 lakh. The company has no business plan and prepared the results on a non-going-concern basis.
High financial-distress risk persists despite the small quarterly profit: no operating revenue, negative net worth and liabilities above assets.