Board Meeting Details

The Board meeting commenced at 4:30 PM IST and concluded at 5:10 PM IST on November 12, 2026.

Key Decisions Approved

1. Unaudited Financial Results: Approved the unaudited standalone financial results for the quarter and half year ended September 30, 2026, along with the Limited Review Report of the Statutory Auditor.

2. Internal Auditor Re-appointment: Re-appointed M/s. Jain Ronak & Co., Chartered Accountants (Firm Registration No. 144548W) as Internal Auditor for one year for FY 2026-27.

Financial Performance Highlights (Standalone)

Quarter Ended September 30, 2026 (₹ in Lacs):

  • Revenue from Operations: ₹920.05
  • Other Income: ₹715.48
  • Total Income: ₹1,635.53
  • Total Expenses: ₹1,186.89
  • Profit Before Tax: ₹448.64
  • Profit for the Period: ₹448.64
  • Basic and Diluted EPS: ₹0.17

Quarter Ended June 30, 2026 (₹ in Lacs):

  • Revenue from Operations: ₹1,526.61
  • Other Income: ₹73.44
  • Total Income: ₹1,600.05
  • Total Expenses: ₹1,789.66
  • Loss Before Tax: ₹(189.61)
  • Loss for the Period: ₹(189.61)
  • Basic and Diluted EPS: ₹(0.07)

Half Year Ended September 30, 2026 (₹ in Lacs):

  • Revenue from Operations: ₹2,446.66
  • Other Income: ₹788.92
  • Total Income: ₹3,235.58
  • Total Expenses: ₹2,976.55
  • Profit Before Tax: ₹259.03
  • Profit for the Period: ₹259.03
  • Basic and Diluted EPS: ₹0.10

Comparative Figures (₹ in Lacs):

  • Quarter Ended September 30, 2025: Loss of ₹(466.65)
  • Half Year Ended September 30, 2025: Loss of ₹(867.20)
  • Year Ended March 31, 2026: Loss of ₹(1,916.15)

Balance Sheet Position (Standalone)

As at September 30, 2026 (₹ in Lacs):

  • Total Assets: ₹6,555.93
  • Property, Plant and Equipment: ₹4,918.80
  • Cash and Cash Equivalents: ₹1,208.66
  • Inventories: ₹268.36
  • Total Equity: ₹1,910.06
  • Equity Share Capital: ₹2,643.41
  • Other Equity: ₹(733.36)
  • Total Borrowings: ₹3,943.58 (Non-current: ₹2,308.96; Current: ₹1,634.62)
  • Total Liabilities: ₹4,645.87

Cash Flow Statement (Standalone)

Half Year Ended September 30, 2026 (₹ in Lacs):

  • Net Cash from Operating Activities: ₹(543.59)
  • Net Cash from Investing Activities: ₹303.97
  • Net Cash from Financing Activities: ₹748.91
  • Net Increase in Cash: ₹509.29
  • Opening Cash Balance: ₹699.37
  • Closing Cash Balance: ₹1,208.66

Internal Auditor Appointment Details

  • Firm: M/s. Jain Ronak & Co., Chartered Accountants
  • FRN: 144548W
  • Date of Re-appointment: November 12, 2026
  • Term: One year until conclusion of ensuing AGM for FY 2026-27
  • Address: 302, I-2, Happy Home Complex, Shanti Park, Mira Road East, Thane-401107, Mumbai, Maharashtra
  • Services: Audit & Assurance, Taxation, and Accounting Advisory

Additional Information

  • Limited review conducted by statutory auditors Jain Kothari & Co. (FRN: 022340C)
  • Audit Committee reviewed and Board approved the financial results