The Board of Directors at its meeting held today considered and approved the standalone unaudited financial results of the Company along with the limited review report for the quarter ended ....
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The board approved standalone unaudited results for the quarter ended 30 September 2025, along with the limited review report from statutory auditors Anant Rao & Mallik. The company reported zero revenue from operations; total income for Q2 FY26 was Rs 7.30 lakhs (entirely other income) versus nil in Q2 FY25. Q2 FY26 posted a loss after tax of Rs 14.43 lakhs, wider than the Rs 6.84 lakh loss in Q2 FY25. For H1 FY26, the company swung to a profit of Rs 13.94 lakhs versus a Rs 5.79 lakh loss a year ago, primarily driven by a one-time Rs 22.04 lakh gain from the sale of developed software booked in Q1. The balance sheet strengthened, with long-term borrowings cut sharply from Rs 213.91 lakhs to Rs 4.42 lakhs and equity raised (share capital up from Rs 444.90 lakhs to Rs 589.90 lakhs). Cash and equivalents rose to Rs 65.45 lakhs, but operating cash flow remained negative at Rs (155.51) lakhs.
Core operations show no revenue traction and quarterly losses are widening, while the half-yearly profit figure is flattered by a one-time software sale. Shareholders should note the continued dependence on investment and other non-operating income, negative operating cash flows, and the improvement in balance sheet driven by equity infusion rather than business performance.