Q2 sales rise 21.3%; consolidated H1 loss continues as cash flow turns negative
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Board approved unaudited Q2 and H1 results for September 30, 2025. Consolidated Q2 sales rose 21.3% to Rs 32,623 lakh; net profit was Rs 1,779 lakh versus a Rs 741 lakh loss. Consolidated H1 net loss was Rs 239 lakh and operating cash flow was negative Rs 941 lakh. H1 impairment of Rs 1,745 lakh was exceptional. Shareholders will vote on a material related party deal with Coromandel. New auditor reviewed Q2; prior reviewed June quarter.
Q2 sales and profit support sentiment, but the H1 loss, negative cash flow, higher borrowings and mid-year auditor change keep risks elevated.