Announced Mon, 10 Nov · 15:53 IST

Considered and approved results for the quarter ended on 30.09.2025

Revenue DeclineDebt Equity ThresholdResults View source PDF

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AI summary

The Board approved unaudited standalone results for the quarter ended September 30, 2025. Revenue from operations fell sharply to ₹5.00 lakhs in Q2 FY26 from ₹15.93 lakhs in Q1 FY26 and ₹17.29 lakhs in Q2 FY25. Total income for H1 FY26 stood at ₹33.31 lakhs versus ₹45.28 lakhs in H1 FY25. Net profit for Q2 was ₹8.18 lakhs (EPS ₹0.82) and for H1 FY26 was ₹17.70 lakhs (EPS ₹1.77), down from ₹20.30 lakhs in the year-ago period. The auditor (C.P. Jaria & Co.) issued an unmodified limited review report. The Board also noted a BSE email flagging non-compliance with Insider Trading Regulations (Reg 3(5)/3(6)), which the company stated was addressed via its internal software records.

Likely market impact

Topline declined meaningfully quarter-on-quarter and year-on-year, but the company remains profitable and operating cash flow stayed positive at ₹46 lakhs for H1. Shareholders should note that the balance sheet shows negative other equity and very high borrowings (₹2,364 lakhs) against a small equity base, which points to a stretched leverage profile typical of an investment/NBFC-type entity.