Submission of unaudited financial results for second quarter and half year ended 30th September,2025
Awaiting price reaction for this filing.
Lord's Mark Industries (formerly Kratos Energy & Infrastructure) submitted Q2/H1 FY26 unaudited results covering a short 7-day window from 24-30 September 2025, following an NCLT-approved insolvency resolution plan in July 2025. Standalone revenue from operations was Rs 9.48 crore with a net loss of Rs 2.42 crore for the quarter; consolidated revenue was Rs 12.64 crore with a net loss of Rs 2.11 crore. The management clarified that the reported loss is entirely from the legacy Kratos entity, while the newly amalgamated Lord's Mark business was actually profitable at Rs 1.03 crore (standalone) and Rs 1.34 crore (consolidated) during the 7-day period. Three subsidiaries (Lords Automotive 90%, Lords Mark Biotech 75%, Lords Green Energy 49%) were consolidated. Auditor Sanjeev S Gupta & Associates issued a clean limited review report with no qualifications. Operating cash flow was deeply negative due to a sharp build-up in inventories and receivables.
Year-on-year comparisons are not meaningful since the prior year had no operating activity under the new management. While the post-IBC operational restart is positive and the new business is profitable, retail investors should note the negative PAT and large negative operating cash flow, and wait for a full quarter's results before drawing stronger conclusions.