1. The Unaudited Standalone Financial Results set out in compliance with Indian Accounting Standards (IND-AS) for the quarter and half year ended September 30, 2025 together with Limited ....
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Awaiting price reaction for this filing.
Naksh Precious Metals (formerly Vaksons Automobiles) reported its Q2 FY26 (quarter ended Sept 30, 2025) unaudited results, showing a sharp revenue decline. Standalone revenue from operations fell to ₹33.28 lakhs in Q2 FY26 from ₹53.11 lakhs in Q2 FY25 (down about 37%), while H1 FY26 revenue dropped to ₹65.53 lakhs from ₹106.13 lakhs (down about 38%). Net profit for Q2 came in at ₹5.88 lakhs versus ₹15.75 lakhs last year, and H1 profit was ₹13.67 lakhs versus ₹23.46 lakhs, with EPS of ₹0.13 for H1 versus ₹0.22 earlier. The auditor (DGMS & Co.) flagged an emphasis of matter on ₹163.56 lakhs of cash-in-hand for which no supporting evidence was provided, and noted that GST and TDS compliance is pending reconciliation. The balance sheet shows negative reserves of ₹390.74 lakhs, indicating accumulated losses, though operating cash flow remained positive at ₹37.41 lakhs for H1.
Negative for shareholders — sharp revenue and profit decline, auditor flagging undocumented cash holdings, and ongoing negative reserves raise governance and business momentum concerns that could weigh on the stock.