Key Financial Results (Quarter Ended 30 September 2026)

  • Total Income: ₹2.04 lakh (compared to ₹2.16 lakh in Q1 FY27 and ₹2.40 lakh in Q2 FY26)
  • Total Expenses: ₹7.99 lakh (compared to ₹12.21 lakh in Q1 FY27 and ₹7.16 lakh in Q2 FY26)
  • Loss Before Tax: ₹(5.95) lakh (compared to ₹(10.05) lakh in Q1 FY27 and ₹(4.76) lakh in Q2 FY26)
  • Tax Expense: ₹(1.06) lakh (deferred tax benefit)
  • Net Loss After Tax: ₹(4.89) lakh (compared to ₹(8.98) lakh in Q1 FY27 and ₹(3.77) lakh in Q2 FY26)
  • Other Comprehensive Income: ₹129.27 lakh (primarily from gain on fair value through OCI - Equity of ₹150.83 lakh)
  • Total Comprehensive Income: ₹124.38 lakh
  • Basic/Diluted EPS: ₹(2.00) per share (face value ₹10 each)

Half-Year Performance (1 April 2026 to 30 September 2026)

  • Total Income: ₹4.20 lakh (compared to ₹4.77 lakh in H1 FY26)
  • Total Expenses: ₹20.20 lakh (compared to ₹14.71 lakh in H1 FY26)
  • Loss Before Tax: ₹(16.00) lakh (compared to ₹(9.94) lakh in H1 FY26)
  • Net Loss After Tax: ₹(13.87) lakh (compared to ₹(7.96) lakh in H1 FY26)
  • Total Comprehensive Income: ₹115.40 lakh (compared to ₹(182.49) lakh in H1 FY26)

Balance Sheet Position (as at 30 September 2026)

  • Total Assets: ₹2,996.30 lakh (compared to ₹2,855.00 lakh as at 31 March 2026)
  • Investments: ₹2,708.70 lakh (non-current assets)
  • Cash and Cash Equivalents: ₹0.42 lakh
  • Equity Share Capital: ₹24.50 lakh (unchanged)
  • Other Equity: ₹2,279.68 lakh (increased from ₹2,164.28 lakh as at 31 March 2026)
  • Borrowings: ₹220.34 lakh (non-current liabilities)

Cash Flow Statement (Six Months Ended 30 September 2026)

  • Net Cash Used in Operating Activities: ₹(15.91) lakh
  • Net Cash from Investing Activities: ₹14.80 lakh
  • Net Cash Used in Financing Activities: ₹0
  • Net Decrease in Cash: ₹(1.12) lakh

Regulatory and Compliance Matters

The company paid a fine of ₹5.56 lakh to BSE Limited on 10th August 2026 for historical non-compliances under Regulations 29, 31, 33 and 34 of SEBI (LODR) Regulations, 2015, covering periods from December 2014 to November 2020. This amount was provided for in Q1 FY27 (₹3.58 lakh shown in expenses for Q1). There is no contingent liability remaining for this matter.

Approval Process

The Audit Committee reviewed the results on 12th November 2026, and the Board approved them on the same date. Mr. Rajendra Dey (Director, DIN: 07011234) was authorized to sign the financial results. The meeting commenced at 1:30 PM and concluded at 3:10 PM.

Additional Information

The company has only one reportable segment. The financial results were prepared in accordance with Ind AS 34 and reviewed by Ray & Ray Chartered Accountants (Firm Regn. No. 301072E). The results will be published in newspapers with a QR code as per Regulation 47 of SEBI (LODR) Regulations, 2015.