The Board inter -alia considered and approved the following items: 1. Un-audited (Reviewed) Financial Results of the Company for the quarter and half year ended 30th September, 2025 ....
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The Board approved unaudited (reviewed) financial results for the quarter and half year ended 30 September 2025. The company reported no revenue from operations, with total income of Rs. 13.39 lakhs for Q2 FY26 (entirely from 'other income'), unchanged from the previous quarters. Q2 profit after tax rose sharply to Rs. 8.65 lakhs (vs Rs. 1.69 lakhs in Q2 FY25) mainly because other expenses fell to Rs. 1.10 lakhs from Rs. 10.51 lakhs. For H1 FY26, PAT was Rs. 10.34 lakhs versus Rs. 12.43 lakhs in H1 FY25. The Board also re-appointed Ms. Hansa Gaggar as Secretarial Auditor for FY 2025-26. Limited review was conducted by Motilal & Associates LLP, with an unqualified review report.
The company has no operating business, and earnings depend entirely on other income. Negative other equity (Rs. -10.38 lakhs), a sharp rise in borrowings to Rs. 34.59 lakhs (from Rs. 7.17 lakhs), and negative operating cash flow of Rs. -11.15 lakhs in H1 FY26 are red flags for investors, though lower costs boosted quarterly profit.