Approval of Financial Results for the Quarter ended September 30, 2025 and other businesses
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The board approved unaudited financial results for Q2 and H1 FY26 (quarter ended Sept 30, 2025). H1 FY26 revenue from operations rose to ₹677.73 lakhs from ₹627.25 lakhs (~8% growth), while PAT jumped ~30.8% to ₹630.10 lakhs from ₹481.76 lakhs. However, standalone Q2 PAT declined to ₹186.14 lakhs from ₹225.21 lakhs, pulled down by lower other income. Operating cash flow for H1 surged sharply to ₹1,934.81 lakhs from ₹315.60 lakhs, driven by release of non-current financial assets. The auditor (Pavuluri & Co) issued an unmodified review report. Prior period figures were restated following the demerger of the IT/ITES business into Covance Softsol effective Sept 26, 2024.
Mixed quarter — H1 profitability and cash generation strengthened meaningfully, but Q2 profit slipped year-on-year. The proposed rename to Madala Holdings and exploration of property redevelopment at the Madhapur site could unlock future value for shareholders, though these are still early-stage proposals requiring ROC and shareholder approvals.