kindly find enclose here with unaudited financial result for the quarter ended 30th September 2025.
Awaiting price reaction for this filing.
The company reported total income of Rs 10.05 lakhs for Q2 FY26, down sharply from Rs 23.50 lakhs in the same quarter last year. It swung to a profit of Rs 2.43 lakhs from a loss of Rs 5.13 lakhs a year ago, with EPS of Rs 0.05. For the half year, revenue collapsed from Rs 177.52 lakhs to Rs 10.21 lakhs, but the company still posted a small profit of Rs 2.35 lakhs versus a loss of Rs 1.08 lakhs previously. The auditor flagged an Emphasis of Matter noting the company has disposed of all plant and machinery, discontinued operations, and faces income tax demands of Rs 916.77 lakhs (including Rs 838.30 lakhs pending before the Supreme Court), raising serious going-concern doubts. Other equity remains deeply negative at Rs (400.55) lakhs. A related-party sale of Rs 0.18 lakhs was disclosed with Harigopal Steels and Metal Pvt Ltd.
Despite a small reported profit, the auditor's going-concern warning, massive revenue erosion (~94% half-year decline), disposed-off operations, and large Supreme Court tax exposure make this a high-risk situation for shareholders. The stock price could face significant pressure given the weak business profile and unresolved tax liabilities exceeding the company's entire asset base.