Outcome of Board Meeting held on 14th November, 2025
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 of Shashijit Infraprojects met on 14 November 2025 and approved the unaudited standalone financial results for the quarter and half year ended 30 September 2025, along with a limited review report from auditors Kakaria and Associates LLP. Revenue from operations for Q2 FY26 stood at about Rs 6.84 crore, sharply lower than Rs 12.85 crore in Q2 FY25, while H1 FY26 revenue was Rs 12.85 crore versus Rs 22.87 crore in H1 FY25. The company reported a net loss of roughly Rs 1.52 lakh in Q2 FY26 (EPS -0.021) and Rs 3.82 lakh in H1 FY26 (EPS -0.075), which is a meaningful improvement from the Rs 5.19 lakh and Rs 31.06 lakh losses respectively in the prior-year periods. Total assets rose to about Rs 37.08 crore from Rs 33.60 crore as of March 2025, though trade receivables climbed about 35% to Rs 9.29 crore and trade payables jumped about 43% to Rs 10.01 crore, pointing to stretched working capital. Operating cash flow turned strongly positive at about Rs 1.36 crore in H1 FY26 compared to just Rs 0.09 crore a year ago, though investing activities used Rs 1.04 crore, mainly for asset purchases.
Narrowing losses and improved operating cash flow are encouraging signs for shareholders, but the sharp revenue contraction and rising receivables/payables suggest continued pressure on the construction business. Investors should watch whether the working capital strain eases and revenue stabilises in upcoming quarters.