Outcome of the meeting of the Board of Directors of the company held at the registered office of the company at L-5, B-II, Krishna Marg, C-Scheme, Jaipur, on Wednesday, November 12, 2025 ....
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The board approved unaudited financial results for Q2 and H1 FY26 ended September 30, 2025. Revenue from operations grew to Rs 765.73 lakhs in Q2 (up 27.5% from Rs 600.74 lakhs last year) and Rs 1,484.84 lakhs for the half-year (up 28.2% from Rs 1,157.89 lakhs). However, net profit fell to Rs 155.08 lakhs in Q2 (down from Rs 191.24 lakhs) and Rs 304.08 lakhs in H1 (down from Rs 409.77 lakhs), reflecting sharply lower margins despite the top-line growth. The salt manufacturing segment remained the main driver, while power generation also contributed. The board also revised the number of forfeited equity shares from 205,038 to 206,326. Ms. Prerna Sharma resigned as Company Secretary and was replaced by Mrs. Payal Singh effective November 12, 2025. Statutory auditors R.P. Khandelwal & Associates issued a clean (unqualified) limited review report.
Strong revenue growth signals business expansion, but a 25-26% drop in H1 profit, narrowing margins, and negative operating cash flow of Rs 178.36 lakhs (with cash position slipping into a small negative) point to cost pressure and working capital strain. Shareholders should watch margin trends and cash burn in coming quarters; the Company Secretary change is a routine governance update.