Announced Wed, 28 Oct, 2026 · 18:05 IST
Quarterly profit, wider six-month loss and no near-term business plan
GLFL · price
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Price reaction
Awaiting price reaction for this filing.
AI summary
Board-approved unaudited results for the quarter and six months ended September 30, 2026 show Q2 profit of Rs 2.54 lakh versus Rs 2.12 lakh a year earlier. The six-month loss widened to Rs 5.49 lakh from Rs 3.74 lakh, and operating cash flow was negative Rs 592.22 lakh. Net worth was negative Rs 401.39 lakh. The company has no near-term business plan, so results use a non-going concern basis, and there was no operating revenue.
Likely market impact
Negative net worth, liabilities above assets, nil operating revenue and heavy cash outflow leave shareholders highly exposed despite the small profit.