Outcome of Board Meeting of the Company for the quarter and half year ended on 30th September, 2025 held on 14th November, 2025.
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The Board of Directors approved the standalone unaudited financial results for the quarter and half year ended 30 September 2025. Revenue from operations for Q2 FY26 fell sharply to Rs 155.85 lakh from Rs 3,017.68 lakh in Q2 FY25. For H1 FY26, revenue stood at Rs 478.73 lakh versus Rs 3,250.70 lakh in H1 FY25, a steep decline. Profit after tax for Q2 FY26 was Rs 30.01 lakh (vs Rs 240.37 lakh YoY) and for H1 FY26 was Rs 47.06 lakh (vs Rs 357.07 lakh YoY). Total expenses also dropped sharply from Rs 2,692.92 lakh in Q2 FY25 to Rs 115.35 lakh in Q2 FY26. The statutory auditor, S. SRV & Associates, issued an unqualified limited review report. Related party transactions for the period were also disclosed, showing only minor remuneration to directors and the company secretary.
The dramatic year-on-year drop in revenue and profit is a significant red flag for shareholders and could weigh on the stock, though the company remains profitable on an absolute basis and the auditor's report is clean with no qualifications.