Q2 FY26 results cleared; consolidated profit via new subsidiary
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Board approved Q2 and H1 FY26 un-audited results along with limited review report. Standalone: no operating revenue, loss of Rs 30.09 lakhs in Q2 and Rs 62.15 lakhs in H1. Consolidated: revenue of Rs 1,510.22 lakhs and net profit of Rs 68.21 lakhs in Q2, driven by new subsidiary JMR Clean Energy. H1 consolidated PAT was Rs 36.14 lakhs. Equity share capital jumped sharply from Rs 66.88 lakhs to Rs 1,602.06 lakhs, pointing to a major capital raise. Warrants worth Rs 227.50 lakhs were also issued.
Significant capital infusion and new subsidiary change the company profile, but standalone business remains loss-making with no revenue. Mixed signal for investors.