Parshva Enterprises Limited has informed the exchange regarding the outcome of Board Meeting held on November 7, 2025.
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Parshva Enterprises' Board, meeting on November 7, 2025, approved the unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2025, which were subjected to a limited review by statutory auditors Bohara Shah & Co., who issued an unqualified review report. On a consolidated basis, revenue from operations for H1 FY26 was ₹1,243.59 lakh versus ₹1,175.30 lakh in H1 FY25 (about 5.8% growth), while net profit after tax rose to ₹13.92 lakh from ₹8.74 lakh (about 59% growth). Q2 standalone revenue was ₹627.79 lakh and Q2 standalone PAT was ₹7.19 lakh versus ₹4.77 lakh a year ago. The Board also took note that the NCLT-sanctioned scheme of demerger of the jewellery business into wholly owned subsidiary Simandhar Impex Limited became effective on October 17, 2025, with a record date of November 5, 2025 and share issuance ratio of 3 Simandhar Impex shares for every 10 Parshva Enterprises shares held. Trade receivables rose sharply to ₹501.90 lakh from ₹282.61 lakh, while cash and cash equivalents remain low at ₹6.75 lakh and cash credit accounts are in overdraft (negative ₹57.13 lakh).
Shareholders will receive shares of Simandhar Impex Limited in the ratio 3:10 post the effective demerger, while the parent company's standalone numbers show improving profitability despite low absolute profit levels; investors should note the rising trade receivables and tight liquidity position even as earnings growth strengthens.