In reference to captioned subject, we hereby inform you that the Board of Directors of the Company, in their Board Meeting held on today, i.e. on November 13, 2025, at the Registered Office ....
Awaiting price reaction for this filing.
The Board of Directors approved the unaudited financial results for Q2 FY26 (quarter ended September 30, 2025) and H1 FY26 (half year ended September 30, 2025). Income from operations for Q2 stood at ₹314.06 lakhs versus ₹254.46 lakhs in Q2 FY25, a YoY growth of about 23%. Profit after tax for Q2 was ₹2.24 lakhs (after a deferred tax charge of ₹8.84 lakhs). For H1 FY26, total income surged to ₹989.91 lakhs from ₹446.66 lakhs in H1 FY25 (over 2x), with PAT rising sharply to ₹23.07 lakhs from ₹2.50 lakhs. The auditor (SCAN & Co) issued an unmodified limited review report but flagged two Emphasis of Matter items: capitalisation of land purchased for ₹25.42 lakhs in August 2025, and reclassification of a ₹133 lakh loan from Genius Bulls Investment Limited from 'Other Current Liabilities' to 'Short-term Borrowings'.
The strong top-line growth and return to profitability are positive signals, but shareholders should note the company's reserves remain deeply negative at ₹(718.64) lakhs and operating cash flow for H1 FY26 was negative at ₹(112.20) lakhs, indicating earnings quality concerns despite headline profit recovery. The loan reclassification and fresh short-term borrowing of ₹133 lakhs also increase leverage.