The outcome of the Board meeting held on 14.11.2025 is enclosed
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 Q2 and H1 FY26 (ended September 30, 2025). Standalone Q2 revenue from operations fell slightly to Rs. 36,255.39 lakhs from Rs. 37,292.69 lakhs in Q2 FY25, a ~2.8% decline, while profit after tax inched up to Rs. 975.50 lakhs (vs Rs. 962.01 lakhs). For H1 FY26, standalone PAT jumped ~34.5% to Rs. 2,139.58 lakhs from Rs. 1,590.20 lakhs, driven largely by lower base and improved margins. The Board declared an interim dividend of 20% (Rs. 0.40 per share on Rs. 2 face value), with record date November 20, 2025 and payment by December 13, 2025. No deviation was reported in the use of proceeds from the Rs. 58.30 crore preferential issue and Rs. 2.84 crore warrants raised in June 2025. Auditors CNGSN & Associates LLP issued an unmodified limited review opinion. The company also became an associate of PlanetFirst Green Private Limited during the previous quarter.
The interim dividend declaration signals steady cash returns for shareholders, though the negative H1 operating cash flow (Rs. -8,914.32 lakhs) and rising short-term borrowings (up to Rs. 16,174.59 lakhs from Rs. 9,730.70 lakhs) suggest working capital pressure and higher leverage, which investors should monitor.