Approval of Unaudited Standalone Financial Results For the Quarter and Half Year Ended 30th September 2025
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Awaiting price reaction for this filing.
The board approved unaudited standalone results for the quarter and half year ended September 30, 2025. Revenue from operations was zero for both Q2 FY26 and H1 FY26, compared to ₹11.46 lakhs in H1 FY25 — effectively a complete stoppage of operational revenue. The company reported a loss of ₹3.59 lakhs for H1 FY26, narrower than the ₹11.72 lakhs loss in H1 FY25, with total income of just ₹1.26 lakhs coming entirely from other income (likely interest). Total expenses were only ₹4.85 lakhs for H1 FY26, down sharply from ₹23.33 lakhs a year ago. The statutory auditor (Saraswat & Company) issued an unmodified limited review opinion. The balance sheet shows ₹94.76 lakhs in cash and bank balances plus ₹79.29 lakhs in investments, while total financial indebtedness is zero.
With zero operational revenue, the core knitwear business appears inactive, but the company remains liquid with over ₹174 lakhs in cash and investments and no debt. Shareholders should watch for signs of business restart or strategic restructuring, as the stock effectively functions as a cash shell right now.