We hereby inform you that the Board of Directors of the Company at its meeting held today has approved the Unaudited Standalone financial results of the Company for the quarter and half ....
Awaiting price reaction for this filing.
The Board approved unaudited standalone financial results for Q2 FY26 (quarter ended Sept 30, 2025) and H1 FY26. Revenue from operations jumped sharply to Rs. 422.12 lakhs in Q2 FY26 from just Rs. 24.02 lakhs in Q2 FY25, driven mainly by the manufacturing of industrial bags segment. Half-year revenue reached Rs. 691.06 lakhs versus Rs. 112.14 lakhs a year ago. Despite the strong top-line growth, the company remained in the red with a Q2 loss after tax of Rs. 3.43 lakhs and an H1 loss of Rs. 50.32 lakhs. The Board also approved shifting the registered office from Madhu Vihar in East Delhi to Lajpat Nagar II in New Delhi, and noted a SEBI circular allowing re-lodgement of physical share transfer requests. The auditor flagged an emphasis of matter on the Rs. 4.5 crore equity share issuance done during the year and that closing stock was certified by management only.
Explosive revenue growth is a positive signal, but persistent losses and a large negative operating cash flow of Rs. 452.26 lakhs show the business is still burning cash. The Rs. 4.5 crore raised via fresh equity strengthens the balance sheet but the stock price may stay volatile until the company turns profitable. The registered office shift is administrative and unlikely to affect shareholder value directly.