Unaudited Financials results for the Quarter Ended 30th September, 2025
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Space Incubatrics Technologies reported a dramatic turnaround in Q2 FY26 with total income of ₹2,025.27 lakhs, up from just ₹3.37 lakhs in Q2 FY25, driven by revenue from operations of ₹2,010.25 lakhs. Profit before tax and PAT for the quarter stood at ₹955.99 lakhs (vs a loss of ₹3.11 lakhs in Q2 FY25), with EPS of ₹2.76. For H1 FY26, total income was ₹2,040.51 lakhs and PAT was ₹960.64 lakhs, compared to a loss of ₹9.90 lakhs in H1 FY25. The balance sheet as of September 30, 2025 shows total assets of ₹2,077.71 lakhs and total equity of ₹1,848.17 lakhs, though other equity remains negative at ₹(1,612.75) lakhs. The auditor (VRSK & Associates) issued a limited review report with an Emphasis of Matter paragraph. Operating cash flow was positive at ₹44.37 lakhs for H1 FY26.
The sharp jump in revenue and swing to profit represent a major operational turnaround for shareholders, though the sustainability of the income spike and the still-negative other equity warrant close scrutiny.