Board Meeting Details
The Board Meeting was held on Monday, 02nd November 2026, commencing at 2:30 P.M. and concluding at 2:55 P.M.
Financial Results Overview
Standalone Financial Performance (Half Year Ended September 30, 2026)
- Revenue from Operations: ₹15,953.32 lacs (compared to ₹8,154.55 lacs in H1 FY25)
- Other Income: ₹63.96 lacs (compared to ₹146.19 lacs in H1 FY25)
- Total Income: ₹16,017.28 lacs (compared to ₹8,300.74 lacs in H1 FY25)
- Total Expenses: ₹11,620.18 lacs (compared to ₹6,143.37 lacs in H1 FY25)
- Profit Before Tax: ₹4,397.10 lacs (compared to ₹2,157.37 lacs in H1 FY25)
- Tax Expense: ₹1,111.47 lacs
- Net Profit: ₹3,285.63 lacs (compared to ₹1,726.79 lacs in H1 FY25)
- Basic EPS: ₹31.64 (not annualized)
- Diluted EPS: ₹31.64 (not annualized)
Consolidated Financial Performance (Half Year Ended September 30, 2026)
- Revenue from Operations: ₹15,911.05 lacs
- Other Income: ₹205.89 lacs
- Total Income: ₹16,116.94 lacs
- Total Expenses: ₹11,778.71 lacs
- Share of Profit/(Loss) from Associate Enterprises: (₹111.78) lacs
- Profit Before Tax: ₹4,226.45 lacs
- Tax Expense: ₹1,115.70 lacs
- Net Profit: ₹3,123.37 lacs
- Less: Profit transferred to Minority Interest: (₹12.62) lacs
- Basic EPS: ₹30.08 (not annualized)
- Diluted EPS: ₹30.08 (not annualized)
Balance Sheet Position (Standalone as at September 30, 2026)
- Total Equity and Liabilities: ₹37,126.36 lacs
- Shareholder's Funds: ₹24,190.85 lacs (Share Capital: ₹1,038.34 lacs, Reserves & Surplus: ₹23,152.51 lacs)
- Non-Current Liabilities: ₹1,331.09 lacs
- Current Liabilities: ₹11,604.42 lacs
- Total Assets: ₹37,126.36 lacs
- Non-Current Assets: ₹8,002.36 lacs
- Current Assets: ₹29,124.00 lacs
Cash Flow Analysis (Standalone)
- Net Cash from Operating Activities: (₹746.45) lacs
- Net Cash from Investing Activities: (₹132.40) lacs
- Net Cash from Financing Activities: ₹3,117.66 lacs
- Net Increase in Cash and Cash Equivalents: ₹2,238.81 lacs
- Closing Cash Balance: ₹2,649.39 lacs
Subsidiaries and Associates
The consolidated results include the following entities:
- Fusion Electronics Private Limited (80.00% equity holding, consolidated using Accounting Standard-21)
- Progota India Private Limited (46.50% equity holding, accounted using equity method per Accounting Standard-23)
- Concord Lab to Market Innovations Private Limited (49.00% equity holding, accounted using equity method per Accounting Standard-23)
Auditor Review
Seth & Associates, Chartered Accountants (FRN No 001167C) issued limited review reports on both standalone and consolidated financial results, stating that nothing has come to their attention suggesting material misstatement.