We are pleased to inform that the Audit Committee and Board of Directors at their meeting held today i.e. 13th November, 2025 transacted the following business: 1. Approved the un-audited ....
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Standard Batteries Ltd reported nil revenue from operations for Q2 and H1 FY26, confirming the company has no active business. Total income stood at just Rs 0.46 lakh for H1 FY26, sharply down from Rs 135.48 lakh in H1 FY25 (which included one-time income tax refunds). Total expenses rose to Rs 28.05 lakh, resulting in a net loss of Rs 27.59 lakh for H1 FY26 versus a profit of Rs 110.84 lakh in the same period last year. Loss per share for H1 FY26 was Rs 0.53. The statutory auditor V. Singhi & Associates issued an un-modified (clean) limited review opinion. Cash from operations was negative at Rs (19.26) lakh, and cash & equivalents declined from Rs 14.86 lakh to Rs 4.62 lakh.
Negative for shareholders — the company is loss-making with no operating business, declining cash reserves, and negative operating cash flows, suggesting continued dependence on existing assets/investments to cover costs. The clean auditor opinion is a minor positive, but the underlying business weakness is significant for a listed entity.