OUTCOME OF BOARD MEETING-QUARTERLY RESULTS
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The Board of Directors of Kati Patang Lifestyle Limited (BSE: 531126), owner of the Kati Patang premium beer brand via subsidiary Empyrean Spirits Pvt Ltd, approved unaudited Q2 and H1 FY26 (ended Sep 30, 2025) results on Nov 14, 2025. On a consolidated basis, H1 revenue from alcohol and beer stood at Rs. 365.90 lakh vs Rs. 412.87 lakh in H1 FY25, while Q2 alcohol/beer revenue grew about 9.7% sequentially to Rs. 191.43 lakh (premium mild beer portfolio grew 32% Q-o-Q). Consolidated H1 net loss widened sharply to about Rs. 298.35 lakh (vs Rs. 40.84 lakh loss in H1 FY25), with Q2 standalone net loss at Rs. 33.35 lakh and basic EPS of Rs. -0.45 (consolidated) for the quarter. The consolidated limited review report carries an Emphasis of Matter on receivables/payables pending confirmation and outstanding VAT dues of Rs. 31.78 lakh, and notes that subsidiary financials used in consolidation are themselves unaudited.
Losses are widening year-on-year and operating cash flow remained strongly negative (about Rs. 543.92 lakh used in consolidated H1 operations), keeping dependence on fresh equity infusion; existing shareholders face continued dilution risk, though underlying beer volumes are growing and the company is exploring inorganic moves into premium spirits.