BSESJ Corporation LtdHighNeutral
Announced Thu, 13 Nov · 18:07 IST

With the reference to the above subject we here by submitting Unaudited (Provisional) Financial Result for the Quarter and Half Year Ended 30th September,2025

Revenue Growth 20pctRevenue DeclinePat NegativeNegative Operating CashflowResults RestatedResults View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

SJ Corporation reported Q2 FY26 revenue from operations of Rs 377.03 lakh, down about 16% from Rs 451.35 lakh in the same quarter last year. For the half year, revenue rose to Rs 972.23 lakh from Rs 714.05 lakh, a jump of roughly 36%, helped by the June quarter's stronger Rs 595.20 lakh. The company swung to a half-year net profit of Rs 23.88 lakh versus a loss of Rs 10.27 lakh a year ago, but the Q2 standalone quarter itself posted a small loss of Rs 6.03 lakh. The Q1 profit was largely driven by a one-time Rs 68.82 lakh gain from selling an investment property, without which core earnings remain weak. Cash on hand plunged from Rs 142.90 lakh to Rs 15.22 lakh, and operating cash flow was negative at Rs -45.45 lakh for the half year. The auditor (SDBA & Co.) issued an unqualified limited review opinion.

Likely market impact

Mixed for shareholders — half-year headline numbers look better than last year, but the improvement is mostly from a one-time property sale, Q2 was loss-making, and cash is drying up quickly. The stock may see limited positive reaction until core diamond and jewellery business shows sustainable profit.