In reference to captioned subject, we hereby inform you that the Board of Directors of the Company, in their Board Meeting held on today, i.e. on Friday, November 14, 2025, at the Registered ....
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Awaiting price reaction for this filing.
The Board of Directors, at its meeting held on November 14, 2025, approved the Unaudited Standalone and Consolidated Financial Results for the half year ended September 30, 2025, along with the Balance Sheet and Cash Flow Statement. The Statutory Auditor (Abhishek Kumar & Associates) issued a clean, unqualified Limited Review Report with no qualifications, adverse remarks, or emphasis-of-matter matters. As per the cash flow statement, the company reported negative cash flow from operating activities of approximately Rs. (2,487.81) lakhs on both standalone and consolidated basis, while financing activities (largely short-term borrowings) brought in Rs. 13,508.27 lakhs, resulting in a net cash increase of Rs. 7,100.24 lakhs. The company also filed a Statement of Deviation/Variation in IPO fund utilization for H1 FY26 – no deviation was reported, though Rs. 5,590 lakhs (Rs. 55.90 crore) of the Rs. 10,504 lakh IPO proceeds remain unutilized (parked in fixed deposits) and will be deployed toward working capital in subsequent quarters. Short-term borrowings stood at Rs. 11,007.36 lakhs, and trade receivables at Rs. 11,577.85 lakhs, indicating working-capital intensity.
Routine half-yearly disclosure – the clean auditor's report is reassuring, but the negative operating cash flow combined with high receivables and substantial unused IPO funds (held in FDs) signals ongoing working-capital pressure. Investors should watch subsequent quarters for improvement in operating cash generation and deployment of the parked IPO proceeds.