Pursuant to the requirements of Regulation 33(3)(d) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Board of Directors of the Company at its meeting ....
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The Board approved unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2025, along with the Limited Review Report from Chaitanya C. Dalal & Co., who issued an unqualified opinion. On a standalone basis, Q2 FY26 total income fell to ₹416.60 lakhs from ₹501.06 lakhs a year ago, and net profit after tax dropped sharply to ₹91.64 lakhs from ₹199.98 lakhs (about 54% lower YoY). For the half year, standalone PAT actually rose to ₹264.57 lakhs from ₹218.26 lakhs, a gain of roughly 21%. The Board also added Independent Director Mr. Bhavesh Doshi to the Audit, Stakeholders' Relationship, CSR, and Nomination & Remuneration committees.
Mixed for shareholders: while half-year standalone profit improved year-on-year, the sharp Q2 standalone profit decline and a swing to negative operating cashflow of ₹50 lakhs (standalone) for the half year signal weakening underlying performance. The clean auditor opinion is positive, but the volatility in quarterly numbers warrants caution.