In reference to the captioned subject we hereby inform you that the Board of Directors of the Company in its meeting held today i.e. on Wednesday dated November 12, 2025 approved and taken ....
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The Board of Directors of Nexxus Petro Industries approved the unaudited financial results for the half year ended September 30, 2025, along with a clean Limited Review Report from the statutory auditor (Keyur Shah & Associates). Revenue from Operations surged to ₹14,118.11 lakhs from ₹8,711.09 lakhs in the same period last year, a jump of roughly 62%. Net Profit After Tax rose to ₹203.29 lakhs (EPS ₹2.92) versus ₹133.44 lakhs (EPS ₹2.62) earlier, up about 52% year-on-year. The company is engaged in manufacturing and trading of bitumen and operates under a single segment. Most of the IPO proceeds (₹1,748.63 lakhs) have already been utilised for working capital and general corporate purposes, with only ₹4.34 lakhs pending.
Strong top-line and bottom-line growth in H1 FY26 signals robust business momentum, which is positive for shareholders. However, rising trade receivables (₹3,390 lakhs) and declining cash balance warrant monitoring of working-capital health.