Outcome of Board Meeting held today i.e Friday, 14th day of November 2025
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 approved standalone unaudited financial results for Q2 FY26 (quarter ended 30 Sept 2025). Revenue from operations rose sharply YoY in Q2 to Rs. 28.06 lakhs (vs Rs. 17.00 lakhs), but total income fell to Rs. 42.47 lakhs (vs Rs. 135.44 lakhs) due to much lower other income. Q2 standalone profit after tax stood at Rs. 31.76 lakhs (vs Rs. 97.26 lakhs), with EPS of Rs. 0.189. For the half-year (H1 FY26), revenue from operations dropped dramatically to Rs. 62.43 lakhs from Rs. 1,487.12 lakhs in H1 FY25, resulting in a loss after tax of Rs. (45.97) lakhs vs a profit of Rs. 1,138.51 lakhs last year. The company booked a mark-to-market loss of Rs. 53.93 lakhs on investments. Operating cash flow for H1 FY26 was negative at Rs. (96.68) lakhs. The Board also received a proposal to appoint Mr. Rakesh (DIN: 11331598) as an additional Independent Director. The statutory auditor (Sharma Goel & Co. LLP) issued an unmodified limited review report.
Investors should note the sharp YoY revenue and profit decline, partly driven by absence of large one-off gains seen in the prior year, along with negative operating cash flow and MTM losses on investments. The proposed Independent Director addition is a routine governance update with no immediate material impact on stock price.