Announced Thu, 13 Nov · 16:42 IST

FINANCIAL RESULTS FOR THE QUARTER AND HALF YEAR ENDED ON 13.11.2025

Revenue DeclinePat Growth 25pctEbitda Margin ExpansionNegative Operating CashflowResults View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Vasundhara Rasayans reported Q2 FY26 revenue from operations of ₹882.08 lakhs, down from ₹978.26 lakhs in Q2 FY25, a decline of about 9.8%. Despite the revenue dip, net profit jumped to ₹205.72 lakhs (vs ₹146.59 lakhs), up roughly 40%, helped by lower raw material and other expenses. For the half year, revenue slipped to ₹1,638.23 lakhs from ₹1,741.25 lakhs, but net profit still grew to ₹263.00 lakhs from ₹232.74 lakhs, taking H1 EPS to ₹8.28 vs ₹7.32. The auditor (Mamta Jain & Associates) issued an unmodified limited review report. However, the cash flow statement shows sharply negative operating cash flow of ₹(654.20) lakhs for the half year, and cash balances dropped from ₹554.14 lakhs to ₹118.59 lakhs, while loans and advances on the balance sheet ballooned to ₹2,897.86 lakhs.

Likely market impact

Profit growth on shrinking top-line is positive in the short term but raises quality-of-earnings concerns, and the steep negative operating cash flow plus a sharp fall in cash balance is a red flag investors should watch closely.