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The Board approved the unaudited financial results for the quarter and half year ended September 30, 2025. Revenue from operations for Q2 FY26 stood at ₹354.31 lakhs, down about 17% from ₹426.84 lakhs in Q2 FY25. For the half year, revenue from operations fell sharply to ₹629.38 lakhs versus ₹906.33 lakhs in H1 FY25, a decline of roughly 30%. The company swung to a net loss of ₹18.04 lakhs in Q2 and ₹100.19 lakhs for H1 FY26, compared to a profit of ₹39.18 lakhs in H1 FY25. Operating cash flow for the half year was negative at ₹(222.71) lakhs, indicating cash burn from operations. The statutory auditor P. Murali & Co. issued an unmodified (clean) review opinion on the results.
Negative for shareholders — the company reported a sharp revenue decline, a swing to losses, and negative operating cash flow in H1 FY26. However, the clean (unmodified) auditor opinion provides some comfort on the reliability of the numbers.