Outcome of Board Meeting held on 14th November, 2025 to declare un - audited financial results for the period endedon 30th September, 2025 and to declare limited review report for the period ....
Awaiting price reaction for this filing.
Pradhin Limited's board approved unaudited IND-AS results for the quarter and half year ended 30 September 2025. Revenue from operations fell sharply to Rs. 800.35 lakhs in Q2 from Rs. 8,292.92 lakhs in the same quarter last year, a drop of roughly 90%. Q2 standalone profit after tax slipped to Rs. 26.28 lakhs from Rs. 82.22 lakhs a year ago, though H1 PAT rose to Rs. 731.46 lakhs (vs. Rs. 117.21 lakhs), boosted largely by Rs. 671.64 lakhs of other income booked in Q1. The auditor (S Parth & Co) issued a Limited Review Report with the heading 'Basis for Disclaimer of Opinion' and flagged multiple qualifications, including missing supporting documents for sales, purchases and inventory, no fixed asset register, unconfirmed unsecured loans without loan agreements, non-disclosure of MSME creditors, and unconfirmed trade receivables. Operating cash flow was deeply negative at Rs. -1,054.15 lakhs for the half year. The board also approved the statement of related party transactions.
Shareholders should treat this filing as a significant red flag: revenue has collapsed in the latest quarter, the auditor has raised a disclaimer-level qualified report citing weak books and records, and the company continues to burn cash from operations. Expect negative price action and heightened scrutiny on disclosures going forward.