Outcome of Board Meeting held on 13th November 2025
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The Board of Directors of Prismx Global Ventures Ltd approved the unaaudited standalone and consolidated financial results for the quarter and half year ended 30 September 2025 on 13 November 2025. Statutory auditor Pravin Chandak & Associates issued an unqualified limited review report on both sets of results. On a standalone basis, Q2 FY26 total revenue fell sharply to Rs 553.99 lakhs from Rs 903.76 lakhs in Q2 FY25, but net profit nearly doubled to Rs 99.26 lakhs from Rs 50.79 lakhs driven by much better margins in commodity trading. Half-yearly PAT rose to Rs 245.69 lakhs from Rs 166.52 lakhs, while revenue declined to Rs 1,177.02 lakhs from Rs 1,483.97 lakhs. Consolidated Q2 PAT stood at Rs 95.47 lakhs (vs Rs 44.85 lakhs) and H1 PAT at Rs 240.94 lakhs (vs Rs 145.15 lakhs). The company has sharply deleveraged, with borrowings dropping from Rs 800.19 lakhs to Rs 10.06 lakhs, though cash balances also reduced significantly to Rs 24.93 lakhs.
Profit growth driven by margin expansion and lower expenses is positive for shareholders despite weaker top-line revenue. The dramatic reduction in debt strengthens the balance sheet but the sharp drop in cash balance warrants watch. Short-term sentiment may be mixed given falling revenues but improving profitability.