Heads UP Ventures Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2025.
HEADSUP · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Heads UP Ventures Limited (formerly Mandhana Retail Ventures) reported Q1 FY26 standalone and consolidated unaudited results showing a dramatic turnaround. Revenue from operations jumped to ₹1,150.24 lakhs, up sharply from ₹127.46 lakhs in Q4 FY25 and virtually nil in Q1 FY25, indicating a major business pivot. Total income (including other income of ₹74.60 lakhs) stood at ₹1,224.84 lakhs. Profit after tax came in at ₹291.42 lakhs versus a loss of ₹23.19 lakhs in the year-ago quarter. EPS was ₹1.32 versus negative ₹0.11 previously. The statutory auditor J Singh & Associates issued an unqualified limited review report on both standalone and consolidated results. The consolidated results include subsidiary KCD Foodies (India) Private Limited, suggesting the company's move into the food sector is driving the revenue surge.
Strong quarter with a clear business turnaround — massive revenue growth and a swing from loss to profit of nearly ₹2.9 crore is likely to be viewed positively by investors, though the spike reflects a recent business shift rather than steady organic growth, so sustainability will be a key watchpoint.