Outcome of Board Meeting
Price
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The Board of Directors approved the unaudited standalone financial results for the quarter and half year ended 30th September 2025. Revenue from operations for Q2 FY26 stood at Rs 1,478.35 lakhs, down about 14% from Rs 1,714.96 lakhs in Q2 FY25. Profit after tax for the quarter fell sharply to Rs 50.32 lakhs from Rs 112.24 lakhs year-on-year. For the half year, revenue grew modestly to Rs 3,193.31 lakhs from Rs 3,025.61 lakhs, while PAT dipped slightly to Rs 162.56 lakhs from Rs 174.70 lakhs. The auditor (Ashok P Patel & Co) issued an unmodified review report with no qualifications.
Despite stable half-year revenue, the sharp year-on-year decline in Q2 revenue and profitability signals weakening momentum and could put short-term pressure on the stock. EPS for the half year also slipped to Rs 2.96 from Rs 3.19.