Board Meeting Details

The Board of Directors meeting was held on Tuesday, November 10, 2026, commencing at 3:30 PM and concluding at 3:37 PM. The board approved the unaudited financial results for the quarter ended September 30, 2026.

Financial Results - Quarter Ended September 30, 2026

Income Statement (₹ in Lakhs)

  • Revenue from operations: ₹0.00 (no revenue generated)
  • Other income: ₹0.52 (Interest Income & Others Income)
  • Total Income: ₹0.52
  • Employee benefits expense: ₹25.00 (salaries)
  • Other expenses: ₹18.97
  • Total expenses: ₹21.47
  • Profit/(loss) before tax: ₹(20.96) loss
  • Tax expense: ₹0.00 (both current and deferred tax)
  • Net loss for the period: ₹(20.96)
  • Total Comprehensive Income: ₹(20.96)
  • Earnings per share (Basic & Diluted): ₹(0.28) loss per share

Financial Results - Comparative Performance

Quarter Comparison (₹ in Lakhs)

| Period | Total Income | Total Expenses | Net Profit/(Loss) | EPS (₹) |

| Q2 FY27 (Sep 2026) | 0.52 | 21.47 | (20.96) | (0.28) |

| Q1 FY27 (Jun 2026) | 1.08 | 8.83 | (7.75) | (0.10) |

| Q2 FY26 (Sep 2025) | 1.08 | 2.02 | 2.99 | 0.04 |

Half-Year Comparison (₹ in Lakhs)

| Period | Total Income | Total Expenses | Net Profit/(Loss) | EPS (₹) |

| H1 FY27 (Sep 2026) | 1.60 | 30.31 | (28.71) | (0.38) |

| H1 FY26 (Sep 2025) | 1.49 | 11.77 | (10.28) | (0.14) |

| FY26 (Mar 2026) | 3.78 | 23.22 | (19.44) | (0.26) |

Statement of Assets and Liabilities (Standalone)

As at September 30, 2026 (₹ in Lakhs)

Assets:

  • Non-current assets: ₹8.20
  • Property, plant and equipment: ₹1.20
  • Other non-current financial assets: ₹7.00
  • Current assets: ₹64.95
  • Current investments: ₹0.58
  • Cash and cash equivalents: ₹7.71
  • Loans, current: ₹47.00
  • Other current financial assets: ₹0.05
  • Other current assets: ₹14.11
  • Total assets: ₹64.95

Equity and Liabilities:

  • Equity: ₹63.89
  • Equity share capital: ₹748.88
  • Other equity: ₹(684.99)
  • Current liabilities: ₹1.07
  • Other current financial liabilities: ₹0.59
  • Provisions, current: ₹0.25
  • Current tax liabilities: ₹0.22
  • Total liabilities: ₹1.07
  • Total equity and liabilities: ₹64.95

Comparative Position (₹ in Lakhs)

| Item | Sep 2026 | Mar 2026 |

| Total assets | 64.95 | 94.04 |

| Cash and cash equivalents | 7.71 | 14.94 |

| Current investments | 0.58 | 70.00 |

| Loans, current | 47.00 | 0.00 |

| Equity | 63.89 | 92.59 |

| Current liabilities | 1.07 | 1.45 |

Cash Flow Statement (Standalone)

For Half-Year Ended September 30, 2026 (₹ in Lakhs)

  • Cash from Operating Activities: ₹(31.26)
  • Net loss before tax: ₹(28.71)
  • Adjustment for dividend/interest income: ₹(1.60)
  • Changes in current liabilities: ₹(0.39)
  • Changes in other current assets: ₹(0.56)
  • Cash from Investing Activities: ₹71.02
  • Sale of investments: ₹69.42
  • Interest received: ₹1.60
  • Cash from Financing Activities: ₹(47.00)
  • Repayment of short-term borrowings: ₹(47.00)
  • Net decrease in cash: ₹(7.24)
  • Opening cash balance: ₹14.94
  • Closing cash balance: ₹7.71

Auditor Review

Lokesh Maheshwari & Associates, Chartered Accountants (FRN: 020075C) issued a limited review report stating that nothing has come to their attention that causes them to believe the financial results contain any material misstatement. The review was conducted in accordance with Standard on Review Engagements (SRE) 2410 issued by ICAI.