Devinsu Trading Q2 Net Profit Falls 38.6% YoY

Considered and approved the Standalone Unaudited Financial Results along with Limited Review Report for the quarter and half year ended 30th September, 2026.
Considered and approved the appointment of Mr. Jaison Vijay Shah (DIN: 11158717) as an Additional Executive Director subject to member approval.
Considered and approved the appointment of Mr. Kamlesh Karshanbhai Patel (DIN: 11976451) as an Additional Executive Director subject to member approval.

The meeting concluded at 03:00 PM.

Income Statement (₹ in Lakhs):

Net Sales/Income from Operations: ₹0.00 (compared to ₹0.00 in Q1 FY27 and ₹0.00 in Q2 FY26)
Other Income: ₹24.16 (compared to ₹31.38 in Q1 FY27 and ₹31.94 in Q2 FY26)
Total Income: ₹24.16 (compared to ₹31.38 in Q1 FY27 and ₹31.94 in Q2 FY26)
Total Expenses: ₹6.65 (including Employee cost: ₹3.56, Other expenditure: ₹3.09)
Profit before tax: ₹17.50 (compared to ₹28.51 in Q1 FY27 and ₹25.99 in Q2 FY26)
Tax expense: ₹4.40 (Current Tax)
Net Profit for the quarter: ₹13.10 (compared to ₹21.33 in Q1 FY27 and ₹21.55 in Q2 FY26)
Earnings Per Share (Basic & Diluted): ₹2.23 (not annualized)

Half-Year Performance (Six Months Ended 30.09.2026):

Assets (₹ in Lakhs):

Total Assets: ₹2,154.26 (compared to ₹2,108.58 as at 31.03.2026)
Non-current assets: ₹4.89 (Property, plant and equipment)
Current assets: ₹2,149.37 (including Investments: ₹9.45, Trade Receivable: ₹9.65, Cash and Cash Equivalents: ₹1,131.38, Loans: ₹998.89)

Equity and Liabilities (₹ in Lakhs):

Share capital: ₹58.80
Other equity: ₹2,069.32 (compared to ₹2,035.07 as at 31.03.2026)
Current liabilities: ₹25.46 (including Trade payables: ₹12.28, Other current liabilities: ₹0.11, Current tax liabilities: ₹13.07)

Net Cash From Operating Activities: (₹700.74)
Net Cash From Investing Activities: ₹694.67 (primarily from Loan received: ₹639.14 and Interest received: ₹55.54)
Net Cash From Financing Activities: ₹0.00
Net decrease in Cash and Cash Equivalents: (₹6.07)
Closing cash balance: ₹9.65 (compared to opening balance of ₹15.72)

Mr. Jaison Vijay Shah (DIN: 11158717):

Appointment date: 02nd November, 2026
Age: 26 years
Qualification: Bachelor of Science in Business Administration from Kogod School of Business, The American University, USA
Experience: Approximately six years in business development, associated with Shah family's international water treatment and RO membrane business
Not related to any existing director
Not debarred from holding director office

Mr. Kamlesh Karshanbhai Patel (DIN: 11976451):

Appointment date: 02nd November, 2026
Qualification: MBA from Veer Narmad South Gujarat University, Surat
Experience: Approximately 16 years in sales, marketing, business development and commercial operations in water-treatment and RO membrane industry with Hi-Tech Sweet Water Technologies Pvt. Ltd.
International business exposure across UAE, Thailand, China, Philippines, Kenya, Turkey and Vietnam
Not related to any existing director
Not debarred from holding director office