Outcome of Board Meeting dated 14th November, 2025
Price
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Awaiting price reaction for this filing.
The board approved unaudited standalone financial results for the quarter and half year ended 30 September 2025. Notably, Revenue from Operations stood at ₹0 across all reported periods — the company has no active business income. Total income (entirely from 'Other Income', likely interest/treasury) was ₹25.95 lakhs in Q2 FY26 versus ₹26.27 lakhs in Q2 FY25, and ₹51.65 lakhs in H1 FY26 versus ₹50.41 lakhs in H1 FY25. Profit after tax was ₹18.28 lakhs for Q2 FY26 (vs ₹16.80 lakhs) and ₹33.25 lakhs for H1 FY26 (vs ₹32.56 lakhs). The balance sheet remains debt-free with cash of ₹150.70 lakhs and total assets of ₹1,398.81 lakhs. Operating cash flow turned positive at ₹23.19 lakhs in H1 FY26. The statutory auditor, C.P. Jaria & Co, issued an unqualified limited review report.
This is essentially a dormant shell company — shareholders should note that despite small profits, there is no operational business generating revenue, making the long-term viability of the company dependent on its cash pile and future business plans. EPS fell sharply YoY (₹0.66 vs ₹5.74 in Q2) likely due to prior share/warrant dilution.