Meeting of the Board of Directors of our Company was held on Thursday, 13th November, 2025 i.e. today to consider and approved unaudited financial results for the quarter and half year ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Manglam Global Corporations (formerly Kshitij Investments) announced unaudited results for Q2 FY26 and the half year ended September 30, 2025. The company, which appears to have pivoted from an investment-focused business to trading, reported H1 revenue of Rs 4.84 crore versus a near-zero Rs 0.31 crore in H1 FY25. However, Q2 standalone revenue fell to Rs 2.15 crore from Rs 2.69 crore in Q1 FY26, and the company slipped back into a loss of Rs 17.29 lakh in Q2 after a small profit of Rs 2.19 lakh in Q1. For the half year, net loss stood at Rs 15.10 lakh versus a loss of Rs 17.08 lakh in the year-ago period. The statutory auditor M/s DMKH & Co issued an unqualified limited review report. The balance sheet shows a sharp increase in trade receivables (Rs 3.20 crore) and short-term loans and advances (Rs 4.13 crore), with cash falling from Rs 2.55 crore to Rs 15 lakh, funded by a new Rs 4.81 crore SBI cash credit facility.
Shareholders should note the swing back to quarterly losses, mounting working-capital intensity, and a sharp drop in cash despite a new bank borrowing — signs of stress even as topline scaled up. Negative other equity of Rs 44.81 lakh and debt-equity above 1.7x are red flags worth tracking in upcoming quarters.