Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and relevant amendments thereto from time to time, the Board of Directors of the ....
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The Board approved standalone and consolidated unaudited financial results for Q2 and H1 FY26 (ended September 30, 2025). Standalone revenue from operations rose to Rs 2,161.98 lakhs (Q2) and Rs 4,170.20 lakhs (H1), up ~20% YoY for the quarter. Standalone Q2 PAT jumped to Rs 129.93 lakhs (vs Rs 3.38 lakhs a year ago) and H1 PAT turned to Rs 196.57 lakhs profit from a Rs 3.79 lakhs loss. Consolidated revenue grew ~20% YoY in Q2 to Rs 2,315.53 lakhs, with H1 PAT swinging from a loss of Rs 179.34 lakhs to a profit of Rs 175.25 lakhs, driven by subsidiary Preciso Metall. The Board also accepted the resignation of Company Secretary Shraddha Phule and Independent Director Prakash Kamat (age 75), and appointed CS Sampada Barsawade as the new Company Secretary. Auditors GMCS & Co. issued an unmodified (clean) limited review opinion on both sets of results.
Strong YoY revenue growth and a clear turnaround from losses to profits should be positive for the stock. Investors should note the change in top management (Company Secretary) and the exit of an Independent Director, though the new appointments maintain continuity.