The Board of Directors of the Company at its meeting held on Friday, 7th day of November 2025 have, inter-alia, considered: 1. Approved the Un-Audited Financial Results of the Company ....
Awaiting price reaction for this filing.
Golden Carpets Ltd reported revenue from operations of ₹52.43 lakhs for Q2 FY26, more than doubling from ₹19.36 lakhs in Q2 FY25. For H1 FY26, revenue rose to ₹78.38 lakhs from ₹38.77 lakhs in H1 FY25, a growth of over 100%. The company swung to a profit before tax of ₹4.57 lakhs in H1 FY26 compared to a loss of ₹5.40 lakhs in the same period last year. However, the company's net worth remains negative at ₹-9.79 lakhs with accumulated losses of ₹853.91 lakhs in reserves. Operating cash flow was negative at ₹-4.07 lakhs for the half-year, and the auditor (Sathuluri & Co.) issued an unmodified limited review report.
While the sharp revenue rebound and return to profitability are positive signals, the deeply negative net worth and negative operating cash flow raise going-concern concerns. Shareholders should weigh the operational turnaround against the weak balance sheet before drawing conclusions.