Announced Thu, 13 Nov · 17:01 IST

Outcome of the Board Meeting held today and Financial Results for the period ended September, 2025

Revenue Growth 20pctPat NegativeResults View source PDF

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AI summary

Step Two Corporation's Board, at its meeting on 13 November 2025, approved the unaudited financial results for the quarter and half year ended 30 September 2025. Total income for Q2 FY26 was Rs 299.12 lakhs, up sharply from Rs 70.80 lakhs in Q2 FY25, while H1 FY26 income reached Rs 604.72 lakhs versus Rs 139.52 lakhs in H1 FY25, indicating strong revenue growth. However, the company swung to a loss of Rs 110.58 lakhs in Q2 FY26 (compared to a profit of Rs 24.56 lakhs in Q2 FY25), and reported a half-yearly loss of Rs 240.80 lakhs, with basic EPS of negative Rs 1.50 for the quarter. Statutory auditor M K Kothari & Associates issued a clean limited review report with no qualifications or adverse remarks.

Likely market impact

Shareholders should note a significant jump in revenue from share speculation and related activities, but profitability has reversed sharply into losses, which could weigh on short-term sentiment despite the top-line growth.