The Board of Directors at their meeting held on, Wednesday the 12th November 2025 approved the un-audited financial results for the Second Quarter and Six months ended 30th September 2025.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The Board approved unaudited results for Q2 and H1 FY26. Total income from operations stood at Rs. 2,364.85 lakhs in Q2 (up slightly from Rs. 2,355.26 lakhs a year ago) and Rs. 4,588.75 lakhs for H1, a mild decline from Rs. 4,685.91 lakhs in H1 FY25. Net loss narrowed to Rs. 707.33 lakhs for H1 vs Rs. 1,146.62 lakhs in the year-ago period, but the company remains in the red for the third straight year. Net worth is deeply negative at Rs. -7,565.95 lakhs with accumulated losses of Rs. 9,195.89 lakhs. The statutory auditor issued a qualified opinion flagging material uncertainty about the company's ability to continue as a going concern and highlighted non-remittance of Rs. 106.71 lakhs to EPF and Rs. 6.05 lakhs to ESI.
Negative for shareholders. Despite narrowing losses, the company still erodes value, has a wiped-out net worth, statutory dues unpaid, and a qualified audit report warning of going-concern risks — likely to weigh on stock sentiment and raise red flags for lenders and investors.