Unaudited financial results
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Awaiting price reaction for this filing.
Note: The document is filed by Hari Govind International Limited (BSE Scrip Code: 531971), not Popees Baby Care India Ltd as stated in the headline. The company reported unaudited results for Q2 FY26 showing revenue from operations of just Rs 0.04 lakh and total income of Rs 1.29 lakh. It posted a net loss of Rs 10.37 lakh for the quarter, with EPS of (0.02). For H1 FY26, total income fell to Rs 0.47 lakh from Rs 0.83 lakh in H1 FY25, a roughly 43% decline. The balance sheet shows negative other equity of Rs (173.05) lakh indicating accumulated losses, though cash and equivalents stood at Rs 373.56 lakh. The statutory auditor (C.V. Paturkar & Co.) issued a clean limited review report with no qualifications.
The company is operating at a near-zero revenue level with continued losses and eroded net worth (negative reserves), suggesting weak fundamentals. However, healthy cash reserves of Rs 373.56 lakh provide a buffer for operations in the near term.