Please Find Enclosed Herewith Outcome of the Board Meeting For Your Records
Price
▲ 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 standalone unaudited financial results for Q2 and H1 FY26 (ended September 30, 2025) and appointed Mr. Karm Sawhney as a Non-Executive Independent Director for a 5-year term starting November 12, 2025. Revenue from operations in Q2 rose to Rs 170.81 lakhs from Rs 143.45 lakhs a year ago, but the company slipped into a loss — PAT at Rs (7.84) lakhs in Q2 versus Rs (0.35) lakhs loss in Q2 FY25, and H1 FY26 PAT at Rs (8.19) lakhs versus a profit of Rs 24.85 lakhs in H1 FY25. An exceptional item of Rs 10.08 lakhs weighed on Q2 results. The auditor flagged emphasis-of-matter notes: no land revaluation since FY21-22, and unrecorded interest income (~Rs 3.56 lakhs) and interest expense (~Rs 3.23 lakhs) on loans from/to group companies.
Swing from profit to loss in H1 FY26 is a negative signal, though absolute numbers are small. The auditor's emphasis notes on unbooked related-party interest raise minor governance flags. Near-term sentiment for the stock is likely weak, but the Rs 10.08 lakhs exceptional item suggests one-off rather than structural stress.