Results enclosed herewith limited review report.
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
iStreet Network Ltd reported Q2 FY26 revenue from operations of Rs. 1,865 lacs, up sharply from Rs. 1,323 lacs in Q1 FY26. Cumulative H1 FY26 revenue stood at Rs. 3,188 lacs versus Rs. 604 lacs in the prior comparable period, a roughly 5x jump driven by a surge in trading activity. The company posted a strong H1 FY26 profit after tax of around Rs. 337 lacs, a major improvement from prior periods, though Q2 FY26 alone slipped into a small loss of Rs. 3.68 lacs. Trade receivables ballooned to Rs. 2,231 lacs (from Rs. 722 lacs) and trade payables to Rs. 2,017 lacs (from Rs. 613 lacs), pointing to rapid volume growth. The statutory auditor issued an unqualified limited review report with no qualifications or emphasis of matter.
Top-line acceleration and a return to healthy profitability are positives for the stock, but the steep rise in receivables and a large planned equity dilution (4.88 crore shares plus 9.6 crore warrants on a preferential basis) could pressure existing shareholders. The marginal Q2 loss and high working-capital intensity warrant some caution despite the strong headline numbers.