Outcome of the Board Meeting held on 12.11.2025
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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The board approved unaudited standalone and consolidated results for Q2 and H1 FY26 (ended 30 September 2025). On a standalone basis, Q2 revenue rose modestly to Rs 1,043.17 lakhs from Rs 1,030.19 lakhs a year ago, but the company swung to a small loss of Rs 8.54 lakhs versus a profit of Rs 14.99 lakhs earlier. For the half-year, standalone revenue fell about 18% to Rs 1,864.74 lakhs and the company reported a loss of Rs 224.54 lakhs against a profit of Rs 175.07 lakhs in H1 FY25. Consolidated results also turned negative with a half-year loss of Rs 320.94 lakhs on revenue of Rs 2,117.86 lakhs. Short-term borrowings jumped sharply (standalone current borrowings nearly quadrupled to Rs 879.57 lakhs), and consolidated operating cash flow turned negative at Rs -194.44 lakhs. The statutory auditor issued an unmodified (clean) limited review report.
Negative for shareholders — the company has slipped from profit to loss both quarterly and half-yearly, revenue has shrunk on a half-year basis, leverage has risen, and consolidated operating cash flow has turned negative, suggesting pressure on near-term profitability and liquidity despite a clean auditor review.