Financial Results Summary

Quarterly Performance (₹ in Lakhs)

  • Quarter ended September 30, 2026: Net loss of ₹10.07 lakh
  • Quarter ended June 30, 2026: Net loss of ₹14.43 lakh
  • Quarter ended September 30, 2025: Net profit of ₹19.00 lakh

Half-Yearly Performance (₹ in Lakhs)

  • Half Year ended September 30, 2026: Net loss of ₹24.50 lakh
  • Half Year ended September 30, 2025: Net profit of ₹1,216.00 lakh

Key Financial Metrics

Revenue:

  • Revenue from operations: ₹0.00 lakh for all current periods
  • Other income: ₹0.31 lakh (Q2 FY27), ₹3.00 lakh (H1 FY27)

Expenses:

  • Employee benefits expense: ₹3.94 lakh (Q2 FY27), ₹4.03 lakh (Q1 FY27)
  • Finance costs: ₹7.97 lakh (Q2 FY27), ₹12.00 lakh (H1 FY27)
  • Depreciation: ₹0.10 lakh (Q2 FY27), ₹0.20 lakh (H1 FY27)
  • Other expenses: ₹3.00 lakh (Q2 FY27), ₹6.03 lakh (H1 FY27)

Exceptional Items:

  • Profit on sale of fixed assets: ₹1,309.00 lakh (recognized in FY26)

Earnings Per Share:

  • Basic and diluted EPS: (₹0.11) for Q2 FY27, (₹0.16) for Q1 FY27

Balance Sheet Position (as at September 30, 2026)

  • Total Assets: ₹307.00 lakh (vs ₹341.00 lakh as at March 31, 2026)
  • Property, Plant and Equipment: ₹41.00 lakh
  • Cash and cash equivalents: ₹2.00 lakh (down from ₹38.00 lakh)
  • Equity share capital: ₹886.00 lakh
  • Other equity: Negative ₹1,488.00 lakh
  • Total Equity: Negative ₹602.00 lakh
  • Current liabilities: ₹905.00 lakh

Cash Flow Statement

  • Net cash from operating activities: Negative ₹24.50 lakh (H1 FY27)
  • Net cash from investing activities: Negative ₹0.50 lakh (H1 FY27)
  • Net cash from financing activities: Negative ₹11.00 lakh (H1 FY27)
  • Cash equivalents at period end: ₹2.00 lakh

Significant Notes to Financial Statements

1. NCLT Resolution Plan: The financials were prepared considering the Resolution plan approved by NCLT vide Order dated May 25, 2023, submitted by M/s Amrutha Constructions Private Limited, Bengaluru. The plan has been fully implemented, and the company received the final NCLT order on September 14, 2024.

2. Asset Sale: The company sold land and buildings situated at Silvassa as part of reviving and revamping its manufacturing facilities. Based on legal opinion, members' approval under Section 180(1)(a) of Companies Act, 2013 was deemed not necessary.

3. Going Concern: Though there are no operations and negative net worth, financial statements are prepared on going concern basis as the company has decided to pursue another object as permitted by its objects.

4. GST Input Credit: The company believes it will be able to utilize GST input credit aggregating to ₹127.07 lakhs, with situation to be reviewed at year-end.

5. Accounting Policies: Consistently followed those declared in annual accounts for year ended March 31, 2026.

6. Provisions: Gratuity and Leave Encashment provisions will be considered at year-end based on actuarial valuation.

Board Authorization

  • Ms. K Ramalakshmi, Director authorized to sign the financial results on behalf of the Board
  • V. Subramanian, Secretary authorized to upload results to BSE portal and publish in newspapers as per SEBI/Stock Exchange guidelines