The outcome for the Board Meeting held on November, 14 2025 is attached herewith.
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The Board approved unaudited standalone and consolidated financial results for Q2 FY26 and H1 FY26 (ended September 30, 2025), reviewed by statutory auditors with a clean limited review report. On a standalone basis, H1 FY26 revenue rose to ₹549.41 lakhs from ₹441.56 lakhs in H1 FY25 (about 24% growth), though standalone quarterly profit remained thin at ₹5.75 lakhs versus ₹8.49 lakhs in Q2 FY25. Consolidated performance was weak: Q2 FY26 swung to a net loss of ₹16.76 lakhs (versus a ₹8.04 lakh profit a year ago), and H1 FY26 reported a consolidated net loss of ₹223.80 lakhs driven largely by the foreign subsidiary, Vama Technologies Pte Ltd, which posted a ₹38.48 lakh loss.
Mixed picture for shareholders - standalone top line shows healthy growth, but bottom line has compressed sharply with the group slipping into consolidated losses and a weak subsidiary dragging results. The stock may see pressure given the consolidated losses, though standalone operations appear marginally profitable.