H1 FY27 PAT at Rs 90 lakh vs loss; qualified audit opinion; name change proposed

Melstar reported H1 FY27 revenue of Rs 150 lakh versus nil in H1 FY26. Standalone profit was Rs 90.49 lakh versus a loss of Rs 98.10 lakh earlier. EPS stood at Rs 3.24. Auditor CKSP and Co LLP gave a qualified opinion flagging going concern uncertainty due to historical IBC proceedings and noted the company is awaiting business licences to start operations. Board also approved changing the name to Melstarr Aerospace and Technologies Limited and altering the object clause, subject to shareholder approval.