This is in continuation to our earlier intimation dated November 06, 2025, with respect to the meeting of the Board of Directors of the Company, scheduled on November 13, 2025. In terms ....
MMWL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The Board of Directors, at its meeting held on November 13, 2025, approved the unaudited financial results for Q2 and H1 of FY25-26 (quarter and half year ended September 30, 2025) on both standalone and consolidated basis. On a standalone basis, total income for Q2 FY26 was Rs. 144.68 lakhs (vs Rs. 138.28 lakhs in Q2 FY25), with net profit of Rs. 52.77 lakhs (vs Rs. 64.95 lakhs in Q2 FY25). H1 FY26 standalone net profit was Rs. 116.43 lakhs versus Rs. 115.76 lakhs in H1 FY25 — a marginal change. On a consolidated basis (including nexG Devices and Media Matrix Enterprises), H1 FY26 revenue from operations was Rs. 1,35,688.52 lakhs versus Rs. 1,88,244.33 lakhs in H1 FY25, a sharp decline of about 28% year-on-year, with consolidated net profit of Rs. 385.79 lakhs versus Rs. 388.52 lakhs earlier. The statutory auditors SGN & Co issued clean limited review reports with no qualifications on both standalone and consolidated results. The company also disclosed it remains registered as an NBFC with RBI despite having applied for deregistration. Other Comprehensive Income was materially impacted by fair value changes on investments held by a subsidiary.
Standalone results show a turnaround from a FY25 full-year loss of Rs. 2,007.39 lakhs to a small H1 FY26 profit, but operating cash flows on a consolidated basis remain negative (Rs. 401.22 lakhs outflow in H1 FY26) and consolidated revenue has shrunk sharply. Shareholders should monitor subsidiary-level cash generation and the pace of revenue recovery at nexG Devices before drawing positive conclusions.