Outcome and Financial Results of Board Meeting enclosed
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Shricon Industries' Board approved unaudited financial results for Q2 and H1 FY26 ended September 30, 2025. Revenue from operations jumped sharply to ₹96.36 lakhs in Q2 FY26, up from just ₹5.01 lakhs in Q2 FY25; H1 revenue rose to ₹104.48 lakhs from ₹24.80 lakhs. The company swung to a profit of ₹58.46 lakhs in Q2 (vs a loss of ₹3.51 lakhs a year ago), with H1 FY26 profit after tax at ₹53.72 lakhs versus a loss of ₹11.90 lakhs in H1 FY25. Basic EPS for Q2 stood at ₹3.81, compared with ₹3.43 in Q2 FY25. Statutory auditor R.S. Dani & Co. issued an unmodified (clean) limited review opinion. The company remains essentially debt-free with borrowings at nil, though operating cashflow was marginally negative at ₹(0.09) lakhs for H1.
A clear operational turnaround with revenue and profits rebounding strongly from a low base; the clean auditor opinion and nil debt are positives, but the very small absolute scale of revenues and slightly negative operating cashflow mean investors should track sustainability in coming quarters.