Revenue doubles, but half-year swings to loss and review is qualified
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 2.4 pts more than its Logistics Solution Provider peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Half-year revenue from operations rose to Rs 2,523.57 lakh from Rs 1,222.81 lakh, but prior-year profit of Rs 180.33 lakh became a Rs 82.12 lakh loss. Operating cash outflow was Rs 662.66 lakh and borrowings increased. After a USD 4.87 lakh fraudulent transfer, temporary promoter support helped settle dues; auditors qualified the review because evidence of recovery was unavailable.
Revenue growth helps, but the loss, cash burn, higher borrowings and a qualified review raise near-term risk; fraud recovery is crucial.