Key Quantitative Figures

Financial Performance (Standalone, ₹ in Lakhs)

For the Quarter Ended September 30, 2026:

  • Total Income: ₹66.89 (Income from Operations: ₹22.63; Other Income: ₹44.24)
  • Total Expenses: ₹66.00
  • Loss Before Tax: ₹(21.76)
  • Net Loss for the Period: ₹(21.76)
  • Basic & Diluted EPS: ₹(0.05)

For the Half-Year Ended September 30, 2026:

  • Total Income: ₹66.92
  • Total Expenses: ₹92.47
  • Loss Before Tax: ₹(48.18)
  • Net Loss for the Period: ₹(48.18)
  • Basic & Diluted EPS: ₹(0.11)

Comparative Figures (Audited & Restated for year ended March 31, 2026):

  • Net Loss: ₹(71.53)
  • Basic & Diluted EPS: ₹(0.53)

Balance Sheet Highlights (₹ in Lakhs) as of September 30, 2026

  • Total Assets: ₹3,989.63
  • Cash and Cash Equivalents: ₹3,047.29
  • Total Equity: ₹3,958.55 (Equity Share Capital: ₹4,525.00; Other Equity: ₹(566.45))
  • Total Liabilities: ₹31.08

Dates of Action

  • Board Meeting Date: November 14, 2026 (Commenced: 3:45 PM; Concluded: 4:10 PM)
  • Financial Results Period: Quarter and Half-Year ended September 30, 2026

Parties Involved

  • Statutory Auditors: DESAI SAKSENA & Associates, Chartered Accountants
  • Target Entities: Cash & Carry Middle East FZCO (CCME UAE) and Interlink Distribution LLC (Interlink)

Acquisitions Completed

1. Acquisition of CCME UAE (51% Stake)

  • Completion Date: November 14, 2026
  • Shares Acquired: 2,55,000
  • Status: Became a subsidiary.
  • Consideration: A combination of share swap and cash.
  • Share Swap: 45% stake acquired by issuing up to 11,25,00,000 equity shares of CCME Global (face value ₹10) at par, aggregating ₹112.50 Crore.
  • Cash: 6% stake acquired for ₹15.00 Crore cash consideration.
  • Related Party Transaction: Yes, conducted at arm's length.
  • Regulatory Filings: Form FC under FEMA rules filed on October 28, 2026 (swap) and November 14, 2026 (cash).

2. Acquisition of Interlink (52% Stake)

  • Completion Date: October 28, 2026
  • Shares Acquired: 52
  • Status: Became a subsidiary.
  • Consideration: Entirely via share swap. 52% stake acquired by issuing up to 2,03,42,244 equity shares of CCME Global (face value ₹10) at par, aggregating ₹20.34 Crore.
  • Related Party Transaction: No.
  • Regulatory Filings: Form FC under FEMA rules filed on October 28, 2026.

Prior Period Error Correction

A prior period error was identified and corrected retrospectively in the comparative figures for the year ended March 31, 2026. The error related to the non-recognition of a Right-of-Use Asset and Lease Liability under Ind AS 116 for a lease commencing March 15, 2026, and the incorrect valuation of a security deposit.

Impact of Restatement (₹ in Lakhs) on FY26 Figures:

  • Right-of-Use Asset: Recognized at ₹26.89
  • Security Deposit (at fair value): Adjusted from ₹4.50 to ₹3.86
  • Lease Liability: Recognized at ₹26.31
  • Net Loss for FY26: Increased from ₹(71.47) to ₹(71.53)

Other Information

  • The company operates in a single segment.
  • The financial results have been published as per Regulation 47 and are available on the company's website (www.genesisiil.com) and the BSE website.
  • The Audit Committee reviewed the results, and the Board approved them.