Outcome of Board Meeting
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Swagtam Trading & Services' board approved unaudited financial results for Q2 and H1 FY26 (ended 30 Sep 2025). Revenue from operations is Rs. 0.00 lacs (same as Q2 FY25), with the company only earning Rs. 7.59 lacs as 'other income' in Q2. Profit after tax jumped to Rs. 4.14 lacs in Q2 FY26 vs Rs. 0.15 lacs in Q2 FY25, and H1 FY26 PAT was Rs. 4.30 lacs vs Rs. 0.14 lacs in H1 FY25, swinging from a Rs. 5.30 lacs loss in FY25. The balance sheet expanded sharply with total assets rising to Rs. 901.65 lacs (from Rs. 565.07 lacs), driven by Rs. 392.44 lacs of share application money and a jump in loans to Rs. 454.15 lacs. The board also appointed M/s. B. Bhushan & Co. as Secretarial Auditor for FY 2025-26. Statutory auditor G.K. Kedia & Co. issued an unqualified limited review report.
The company shows no operating revenue and depends entirely on other income (likely interest), so headline profit growth is from a tiny base and not from business activity. Sharply negative operating cash flow of Rs. (387.96) lacs, funded by fresh equity, suggests the company is not self-sustaining — investors should view this with caution despite the optical profit improvement.