outcome of Board Meeting held on 14.11.2025
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Thirani Projects reported Q2 FY26 (quarter ended 30 Sep 2025) revenue from operations of Rs. 25.96 lakhs, entirely from interest income, up about 28% from Rs. 20.30 lakhs in Q2 FY25. Half-yearly revenue rose to Rs. 48.11 lakhs vs Rs. 40.29 lakhs in H1 FY25. Profit after tax for H1 FY26 stood at Rs. 24.71 lakhs, more than double the Rs. 10.81 lakhs earned in H1 FY25, though Q2 alone profit came in at Rs. 7.79 lakhs. The statutory auditor issued a clean (unqualified) limited review report with no qualifications or emphasis of matter. However, the balance sheet shows other equity in deeply negative territory at Rs. (774.86) lakhs, indicating accumulated losses, and net cash flow from operations was a sharp outflow of Rs. 203.17 lakhs for the half year.
Headline profit growth is strong, but the negative reserves and large operating cash outflow point to underlying financial weakness, which shareholders should weigh against the modest revenue base. The stock may see limited reaction given the very small absolute earnings size and ongoing reliance on interest income.