Outcome Of Board Meeting
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 4.5 pts less than Nifty Microcap 250 and 4.6 pts less than its Industrial Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Incon Engineers Ltd reported a net loss of approximately ₹13.07 lakhs for Q2 FY26, slightly wider than the ₹11.09 lakh loss in Q2 FY25. Revenue from operations was nearly flat at ₹20.18 lakhs versus ₹20.64 lakhs a year ago, with total income of ₹23.80 lakhs. For the half-year, losses narrowed to ₹18.26 lakhs from ₹24.50 lakhs, helped by inventory adjustments. The balance sheet now shows total equity at negative ₹53.79 lakhs due to accumulated losses of ₹625.17 lakhs, while total assets have shrunk to ₹59.13 lakhs. Operating cash flow remained negative at ₹-4.36 lakhs for the half year. The auditor (Brahmaayya & Co.) issued an unqualified limited review report.
This is a deeply concerning set of results for shareholders — the company is technically insolvent on book value with negative equity, persistent quarterly losses, and negative operating cash flow, signalling serious going-concern risk. Investors should treat this stock as high-risk with limited near-term recovery visibility.