The Board of Directors in their meeting held today, have taken on record the Unaudited Financial Results for the quarter ended on 30th September, 2025.
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The Board approved unaudited financial results for Q2 FY26. The company reported zero revenue from operations, as its wheat grinding business has been suspended since 1 February 2015. All earnings came from 'other income' of ₹22.79 lakhs in Q2 FY26, marginally higher than ₹22.05 lakhs in Q2 FY25. Profit after tax stood at ₹12.73 lakhs in Q2 FY26 versus ₹10.13 lakhs in Q2 FY25, a growth of about 26% year-on-year. For H1 FY26, PAT was ₹22.92 lakhs compared to ₹18.65 lakhs in H1 FY25. The balance sheet remains strong with zero debt, cash and bank balances of ₹432.40 lakhs, and total equity of ₹534.30 lakhs against total assets of ₹569.73 lakhs. The auditor issued an unmodified limited review report with no qualifications.
Despite the PAT growth, the company is essentially a cash-rich non-operating entity earning interest/other income after halting its core business a decade ago. There are no signs of business restart, so growth prospects for shareholders remain limited and dependent on treasury income.