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Awaiting price reaction for this filing.
The board approved unaudited standalone financial results for Q1 FY26 (quarter ended June 30, 2025). Total income rose to Rs. 195.43 lakhs from Rs. 171.64 lakhs in the same quarter last year, a growth of about 14%. The company swung to a net profit of Rs. 40.83 lakhs compared to a loss of Rs. 11.56 lakhs in Q1 FY25, with basic EPS of Rs. 1.21 versus a loss of Rs. 0.34 earlier. Total expenses came down to Rs. 154.60 lakhs from Rs. 183.20 lakhs, mainly due to lower purchase costs. The statutory auditor (Verma S & Associates) issued a clean limited review report with no qualifications.
Positive turnaround quarter with a return to profitability after a year-ago loss, supported by better cost control. However, shareholders should note that other equity remains negative at Rs. 465.42 lakhs, indicating accumulated losses still weigh on the balance sheet.