Outcome of the Board Meeting held on 14th Nov, 2025
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The board approved unaudited standalone and consolidated financial results for Q2 and H1 FY26 (ended 30 Sept 2025). Standalone net sales rose to Rs 36.70 lakh (from Rs 22.36 lakh a year ago), but the company posted a loss before tax of Rs 66.91 lakh on a standalone basis and Rs 68.13 lakh on a consolidated basis. The board also approved two subsidiary-level actions: disinvestment of its entire stake in Aura Flow Pvt Ltd (which contributed 0% of revenue and just 1.46% of consolidated net worth), and acquisition of the remaining 47.25% in 1908 E-Ventures Pvt Ltd to make it a wholly owned subsidiary. During the half year, the company raised Rs 22.66 crore via share capital and premium, lifting equity capital to Rs 9.56 crore from Rs 4.67 crore.
For shareholders, the company continues to report losses in its core personal care segment, but it has cleaned up its portfolio by exiting a non-contributing subsidiary while consolidating full control over 1908 E-Ventures. The Rs 22.66 crore capital infusion strengthens the balance sheet, though near-term profitability remains weak.