Submission of Unaudited Financial Results for the quarter and half year ended 30.09.2025
Awaiting price reaction for this filing.
India Infraspace Limited reported revenue of Rs 16.00 lakhs for Q2 FY26 (vs Rs 3.88 lakhs in Q2 FY25) and Rs 31.19 lakhs for H1 FY26 (vs Rs 7.88 lakhs in H1 FY25), representing strong year-on-year revenue growth. The company returned to profitability with PBT of Rs 15.73 lakhs for H1 FY26 compared to a loss of Rs 27.31 lakhs in H1 FY25. However, the auditor raised significant concerns: the company has been delisted from the stock exchange and is awaiting relisting approval from SAT; pre-operative expenses of Rs 33.19 lakhs were carried forward instead of being written off; and audit trail compliance was not maintained. Operating cash flow was negative at Rs 226.10 lakhs for the half year.
The stock is currently delisted with relisting pending SAT approval, limiting investor exit options. The negative operating cashflow and auditor concerns about write-off policies indicate financial stress despite reported revenue growth.