Financial Results for Quarter Ended 30th June, 2026 (Unaudited)

The company reported a net loss of ₹51.55 lakhs for the quarter, a significant decline from a net profit of ₹33.14 lakhs in the corresponding quarter of the previous financial year (Audited).

Key Financial Figures (₹ Lakhs):

  • Total Revenue: ₹258.30 (comprising solely of Other Income; Revenue from Operations was ₹0.00)
  • Total Expenses: ₹309.86
  • Profit before tax: -₹51.55
  • Tax expense: ₹0.00 (Current tax: ₹0.00, Deferred tax: ₹0.00)
  • Earnings per share (EPS): -₹0.08 (Basic and Diluted)
  • Paid-up Equity Share Capital: ₹6340.41 lakhs (Face Value: ₹10/-)

Comparative Figures (₹ Lakhs):

  • Q2 FY25 (Audited) Total Revenue: ₹175.90
  • Q2 FY25 (Audited) Net Profit: ₹33.14
  • Q2 FY25 (Audited) EPS: ₹0.05

Limited Review Report by Statutory Auditors

The independent review of the unaudited results was conducted by DDS & ASSOCIATES, Chartered Accountants, as required by Regulation 33 of the SEBI LODR. The auditors issued a qualified conclusion.

Basis for Qualified Conclusion:

1. Non-payment of TDS: The company had deducted tax at source on interest expenses but had not paid it to the appropriate authorities as of 30 June 2026. Furthermore, no TDS was deducted on Salary/Managerial Remuneration of ₹6.00 Lacs paid during the period. TDS compliances for FY 2025-26 were stated to be pending. The management did not provide adequate evidence of compliance. The auditors were unable to determine the consequential liabilities (interest, penalties) or their impact on the financial results.

2. Non-recognition of Interest Income: The company did not recognize or provide for interest income on loans and advances aggregating ₹697.47 lakhs during the period. The auditors were not provided with loan agreements to determine the applicable interest rate and terms, making them unable to quantify the impact of this non-recognition on the financial results.

3. Misstatement of Prior Period Income: The company accounted for Interest Income of ₹9.41 lacs which relates to FY 2025-26. Consequently, the income for the current period (Q2 FY26) is overstated by this amount.

The auditors' conclusion states that, except for the possible effects of these matters, nothing has come to their attention to believe the financial results are not prepared in all material respects with Ind AS 34 and SEBI LODR Regulation 33.

Notes to the Financial Results

1. The unaudited financial results were reviewed by the Audit Committee and taken on record by the Board of Directors on 12th August, 2026.

2. Previous year/period figures have been regrouped/rearranged for comparability.

3. The company has only one reportable segment, an Operating Segment.