This is to inform you that pursuant to Regulation 30 and 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015; the Board of Directors, at their meeting held ....
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The Board of Directors of Maestros Electronics approved the unaudited financial results for the quarter and half year ended September 30, 2025, along with a clean limited review report from Motilal & Associates LLP. Standalone Q2 FY26 revenue from operations fell ~19.6% year-on-year to ₹589.39 lakhs (from ₹733.00 lakhs), though H1 FY26 revenue was nearly flat at ₹1,632.46 lakhs vs ₹1,602.68 lakhs. Standalone Q2 profit after tax dropped ~35% to ₹65.12 lakhs, and H1 PAT slipped to ₹216.88 lakhs from ₹226.25 lakhs. Consolidated PAT for H1 was ₹218.85 lakhs. Segment-wise, the Medical segment remained the largest contributor (₹1,616.79 lakhs in H1). Operating cash flow for H1 was a modest ₹28.02 lakhs, down sharply from ₹735.71 lakhs for the full prior year. EPS for Q2 stood at ₹1.18 (vs ₹1.83).
The sharp sequential and year-on-year decline in Q2 revenue and profits, combined with a notable drop in operating cash flow, signals weakening business momentum in the quarter despite the auditor issuing a clean review report. Shareholders may view the results as mixed, with short-term concerns on profitability and cash generation.