BSEStarlit Power Systems LtdMediumNeutral
Announced Sat, 8 Nov · 17:43 IST

With reference to the above captioned subject, we hereby informed you that the Board of Directors at their meeting held today i.e., Saturday, 08th November, 2025, 04:45 P.M. concluded ....

Board & Shareholder Meetings View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

The Board of Directors of Starlit Power Systems Limited met on November 8, 2025 (4:45 PM – 5:15 PM) and approved the unaudited financial results (standalone and consolidated) along with the Limited Review Report for the quarter and half year ended September 30, 2025. On a standalone basis, the company reported total income of Rs. 37.67 lakh and a loss after tax of Rs. 11.40 lakh in Q2 FY26, slightly better than the Rs. 14.78 lakh loss in the preceding Q1 FY26. For H1 FY26, the standalone loss narrowed to Rs. 26.17 lakh versus Rs. 43.35 lakh in H1 FY25. On a consolidated basis, after including a Rs. 7.11 lakh share of profit from associate India Solomon Holdings Ltd, the Q2 FY26 loss reduced sharply to Rs. 4.29 lakh (H1 FY26 consolidated loss: Rs. 16.37 lakh). Standalone EPS stood at Rs. (0.06) for the quarter. The board also confirmed that Regulation 32 of SEBI LODR is not applicable as no shares were issued via public/rights/preferential routes. The balance sheet continues to be dominated by current investments of around Rs. 93.66 crore, with negligible debt.

Likely market impact

Losses are persisting but the year-on-year and quarter-on-quarter trend shows improvement, mainly aided by share of profits from associate companies rather than core operations. For shareholders, this is a small-cap loss-making entity where investment income (rather than power-systems operations) drives the financials, signalling limited operational momentum but stable net-worth support from its investment portfolio.