Financial Results Summary

Quarterly Performance (Q2 FY27: July-September 2026)

  • Revenue from operations: ₹0.00 lakhs
  • Other income: ₹191.62 lakhs (primarily compensation from NHAI)
  • Total income: ₹191.62 lakhs
  • Total expenses: ₹23.16 lakhs
  • Employee benefit expense: ₹13.24 lakhs
  • Other expenses: ₹9.92 lakhs
  • Profit before tax: ₹168.46 lakhs
  • Tax expense: ₹14.18 lakhs (current tax)
  • Net profit for the quarter: ₹154.28 lakhs
  • Basic EPS: ₹3.05
  • Diluted EPS: ₹3.05

Half-Yearly Performance (H1 FY27: April-September 2026)

  • Revenue from operations: ₹0.00 lakhs
  • Other income: ₹191.62 lakhs
  • Total income: ₹191.62 lakhs
  • Total expenses: ₹37.48 lakhs
  • Employee benefit expense: ₹20.66 lakhs
  • Other expenses: ₹16.82 lakhs
  • Profit before tax: ₹154.14 lakhs
  • Tax expense: ₹14.18 lakhs (current tax)
  • Net profit for half-year: ₹139.96 lakhs
  • Basic EPS: ₹2.77
  • Diluted EPS: ₹2.77

Key Financial Position Data (as of 30th September 2026)

  • Paid-up equity share capital: ₹505.27 lakhs
  • Face value per share: ₹10.00
  • Reserves: Negative ₹1,285.90 lakhs
  • Total equity: Negative ₹780.63 lakhs
  • Total assets: ₹85.84 lakhs
  • Total liabilities: ₹866.47 lakhs
  • Non-current liabilities: ₹668.05 lakhs
  • Current liabilities: ₹198.42 lakhs
  • Cash and cash equivalents: ₹199.96 lakhs (up from ₹8.64 lakhs at period start)

Auditor's Review and Going Concern Emphasis

L. N. Malik & Co. conducted a limited review and noted that nothing has come to their attention causing them to believe the financial results contain material misstatements. However, they issued a significant emphasis regarding going concern:

  • The company achieved zero turnover from 1st April 2026 to 30th September 2026
  • The company incurred continuous losses, resulting in eroded net worth
  • Current liabilities exceed current assets
  • All plant and machinery were sold during the previous financial year
  • These conditions indicate material uncertainty that may cast significant doubt on the company's ability to continue as a going concern
  • The company's ability to continue is dependent on support from directors for business generation and infusion of funds
  • Despite these concerns, the financial results have been prepared on a going concern basis

Cash Flow Statement (Half-Year Ended 30th September 2026)

  • Net cash from operating activities: ₹226.32 lakhs
  • Net cash used in investing activities: ₹-35.00 lakhs (primarily cash advances and loans made to other parties)
  • Net cash from financing activities: ₹0.00 lakhs
  • Net increase in cash and cash equivalents: ₹191.32 lakhs