Outcome of the Board Meeting held on 10th November 2025 for approval of Unaudited Financial Results and other agenda items of the company.
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The board approved unaudited financial results for the half year ended September 30, 2025, with an unmodified limited review opinion from statutory auditors M/s. A Y & Company. Revenue from operations rose about 19.5% year-on-year to Rs 481.50 lakhs (vs Rs 402.87 lakhs in H1 FY25), but the company swung to a loss of Rs 32.48 lakhs at the PAT level, compared to a profit of Rs 37.34 lakhs in the same period last year. The swing was driven mainly by depreciation more than doubling to Rs 90.70 lakhs (vs Rs 35.18 lakhs) and higher employee costs of Rs 126.88 lakhs. Net cash flow from operating activities was sharply negative at Rs -114.94 lakhs, and reserves & surplus fell to Rs 628.26 lakhs from Rs 660.74 lakhs as of March 2025.
Mixed picture for shareholders: top-line growth is healthy but profitability has collapsed into a loss and the company is burning cash from operations, which could weigh on the stock in the near term despite revenue momentum.