Outcome of Board Meeting dated 13/11/2025.
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The Board approved unaudited results for the quarter and half year ended 30 September 2025. Consolidated H1 FY26 revenue nearly doubled to ₹3,486.33 Lakhs from ₹1,732.72 Lakhs in H1 FY25, with 73% of Q2 revenue coming from agricultural trading. However, the company slipped into a loss, with H1 FY26 loss before tax of ₹(10.33) Lakhs versus a profit of ₹94.84 Lakhs a year ago, and Q2 FY26 PAT swung to ₹(33.10) Lakhs from a profit of ₹46.42 Lakhs. The auditor noted pending trade-debtor balance confirmations, which may require doubtful-debt provisions later. The ₹49.38 crore raised via a Rights Issue in June 2025 has been fully deployed, and the company set up a 51%-owned subsidiary, TIHIL IDA Group Private Limited, during the quarter.
Despite a sharp revenue jump, the swing to a quarterly loss and weak margins are negatives; the heavy negative operating cash flow (~₹47.77 crore used) and large unconfirmed trade receivables (~₹112 crore) are red flags that could weigh on the stock and warrant close monitoring by shareholders.