Key Financial Figures - Standalone (₹ in Lakhs)

Quarter Ended 30 September 2026:

  • Total Income: ₹5.10 (Other Income only, no income from operations)
  • Total Expenses: ₹25.18
  • Employee benefits expense: ₹8.07
  • Finance costs: ₹0.02
  • Other expenses: ₹17.09
  • Loss before tax: ₹(20.08)
  • Loss for the period: ₹(20.08)
  • Basic EPS: ₹(0.20)

Half Year Ended 30 September 2026:

  • Total Income: ₹5.10
  • Total Expenses: ₹45.84
  • Employee benefits expense: ₹16.48
  • Finance costs: ₹7.72
  • Other expenses: ₹21.64
  • Loss before tax: ₹(40.74)
  • Loss for the period: ₹(40.74)
  • Basic EPS: ₹(0.41)

Comparative Figures (Standalone):

  • Q2 FY26 Loss: ₹(4.82) with Basic EPS: ₹(0.16)
  • H1 FY26 Loss: ₹(8.18) with Basic EPS: ₹(0.27)
  • FY26 Audited Loss: ₹(0.31) with Basic EPS: ₹(0.01)

Key Financial Figures - Consolidated (₹ in Lakhs)

Quarter Ended 30 September 2026:

  • Income from operations: ₹1,106.19
  • Other income: ₹5.10
  • Total Income: ₹1,111.29
  • Total Expenses: ₹1,179.69
  • Cost of materials consumed/Purchases: ₹1,146.31
  • Employee benefits expense: ₹13.85
  • Finance costs: ₹0.03
  • Other expenses: ₹19.51
  • Loss before tax: ₹(68.40)
  • Loss for the period: ₹(68.40)
  • Basic EPS: ₹(0.68)

Half Year Ended 30 September 2026:

  • Total Income: ₹1,111.29
  • Total Expenses: ₹1,200.35
  • Loss before tax: ₹(89.06)
  • Loss for the period: ₹(89.06)
  • Basic EPS: ₹(0.89)

Significant Corporate Development

The company executed a Share Purchase Agreement on 14 August 2026 through which Callista Enterprises Limited (formerly known as Sadguru Flexibles Packaging Limited) became a wholly-owned subsidiary. This acquisition necessitated the preparation of consolidated financial results for the first time.

Capital Structure Changes

The company received approval from BSE Limited for issuance of shares and convertible warrants on a private placement basis. This resulted in a significant increase in paid-up equity share capital:

  • As of 30 September 2026: ₹1,000.00 lakh (10 crore shares of ₹10 each)
  • As of 30 June 2026: ₹673.91 lakh
  • As of 31 March 2026: ₹304.66 lakh

Share warrants pending allotment amounted to ₹469.91 lakh as of 30 September 2026.

Balance Sheet Highlights (Standalone)

  • Total Assets: ₹1,179.65 lakh
  • Non-current assets: ₹1,154.00 lakh (including loans ₹756.00 lakh and investment in subsidiary ₹398.00 lakh)
  • Current assets: ₹25.65 lakh
  • Total Equity: ₹576.55 lakh
  • Total Liabilities: ₹603.10 lakh

Cash Flow Statement (Standalone)

  • Net cash from operating activities: ₹102.41 lakh
  • Net cash used in investing activities: ₹(1,009.00) lakh (investment in subsidiary ₹398.00 lakh, loans & advances ₹611.00 lakh)
  • Net cash from financing activities: ₹906.62 lakh (mainly from share capital increase ₹695.34 lakh and share warrants ₹469.91 lakh)

Auditor Review

BKG & Associates, Chartered Accountants, issued an unmodified limited review report for both standalone and consolidated financial results. The review was conducted in accordance with SRE 2410 and SEBI circular under Regulation 33(8).

Important Notes

1. The consolidation has taken effect from 14 August 2026, making current period figures not comparable with previous audited financial figures.

2. Previous period/year figures have been regrouped where necessary to conform to current year's classification.

3. The company has only one reportable business segment and one reportable geographic segment in India.

4. The subsidiary contributed revenue of ₹1,106.19 lakh and net loss of ₹40.32 lakh for the half year ended 30 September 2026.

Meeting Details

The Board meeting commenced at 5:30 PM and concluded at 6:30 PM on 14 November 2026.