Outcome of Board Meeting held on Thursday, 13th November, 2025
Awaiting price reaction for this filing.
The Board of Directors approved the unaudited financial results for the quarter and half-year ended 30 September 2025. Sales declined sharply by around 34.6% year-on-year in Q2 to Rs 17.94 lakh (from Rs 27.44 lakh), pulling H1 FY26 sales down roughly 14.9% to Rs 42.21 lakh. Total income stood at Rs 33.36 lakh for the quarter and Rs 72.39 lakh for the half-year. Despite weak revenue, profit after tax strengthened notably – Q2 PAT rose to Rs 4.14 lakh (vs Rs 2.03 lakh) and H1 PAT grew about 35.9% to Rs 6.58 lakh, helped largely by higher other income (interest/investment related) of Rs 30.18 lakh for H1. The statutory auditor VMRS & Co. issued an unqualified limited review report. The company's other equity remains negative at Rs -208.70 lakh, though improving from Rs -215.35 lakh, and operating cash flow stayed negative at Rs -16.66 lakh for H1.
Mixed signals for shareholders: top-line contraction is a concern, but bottom-line growth driven by investment income is positive in the short term. The negative other equity and negative operating cash flow indicate the core trading business is yet to become self-sustaining, which investors should monitor closely.