Unaudited Financial Results The Board of Directors have considered and approved the Unaudited Financial Results along with Limited Review Report thereon for quarter and half year ended ....
Awaiting price reaction for this filing.
The Board approved unaudited standalone financial results for the quarter ended September 30, 2025 and the half-year ended September 30, 2025, reviewed by auditor VRSK & Associates. The company reported a Q2 FY26 profit of Rs. 36.73 lakhs and an H1 FY26 profit of Rs. 1,04,990.49 lakhs, compared to a full-year FY25 loss of Rs. 1,16,360.56 lakhs. Total income jumped to Rs. 105.27 lakhs in H1 FY26 from Rs. 28.70 lakhs in H1 FY25, a sharp rise. The turnaround is largely driven by a write-back/reversal of about Rs. 1,04,911 lakhs under 'Impairment on financial instruments', which had previously inflated expenses. However, the auditor flagged an 'Emphasis of Matter' in the limited review report, and the company's net worth remains negative at around -Rs. 9,160 lakhs, while cash flow from operations was also negative at -Rs. 184.30 lakhs.
The headline profit swing is mostly an accounting reversal of prior-year impairment provisions rather than strong core earnings, so investors should treat it with caution. The negative net worth, negative operating cash flow, and auditor's emphasis-of-matter paragraph signal that underlying business health remains weak and warrant scrutiny before relying on these numbers.