outcome of board meeting
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The Board approved unaudited standalone and consolidated financial results for the quarter and half year ended 30 September 2025. Standalone Q2 revenue was ₹7,630.82 lakhs (slightly down from ₹7,778.54 lakhs YoY), while standalone H1 FY26 revenue surged to ₹21,048.69 lakhs from ₹11,233.86 lakhs in H1 FY25 (~87% growth). However, profitability weakened — standalone Q2 PAT fell sharply to ₹321.03 lakhs from ₹691.4 lakhs YoY, and H1 PAT dropped to ₹1,000.04 lakhs from ₹1,200.68 lakhs. SIGMAC & Co issued an unqualified limited review report. The Board also noted conversion of 7 lakh warrants into 35 lakh equity shares (raising ₹14.39 crore) with no deviation in use of funds, declared a ₹0.20 per share final dividend (10%), and disclosed extensive related party transactions. Operating cash flow remained negative at -₹799.24 lakhs (standalone) for H1.
Mixed signals for shareholders — top-line has grown strongly on a half-year basis but margins and quarterly earnings have compressed meaningfully, and the company is still burning cash from operations. Negative operating cash flow despite profits points to working capital stress (especially rising receivables), warranting close tracking. The dividend and clean auditor opinion are positives.