Outcome of the Board Meeting under Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (the 'Listing Regulations')
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The Board approved unaudited standalone financial results for the quarter and half-year ended September 30, 2025. Net profit for Q2 FY26 stood at Rs. 4.03 lakhs, sharply lower than Rs. 11.28 lakhs in Q2 FY25. For H1 FY26, net profit fell to Rs. 7.33 lakhs versus Rs. 20.80 lakhs in H1 FY25, a drop of roughly 65%. Operating cash flow turned negative at Rs. -54.29 lakhs in H1 FY26 compared to a positive Rs. 5.28 lakhs in FY25. Cash and bank balances declined steeply from Rs. 36.13 lakhs to Rs. 2.67 lakhs. The statutory auditor was changed from SDG & Co. to Karta & Company, and previous period figures have been restated under Ind AS. The auditor issued an unmodified review conclusion.
Sharp fall in profitability and negative operating cash flow signal weakening business performance, while the auditor change and shrinking cash reserves warrant close monitoring by shareholders.