Board Meeting Details

The Board of Directors meeting was held on Friday, 13th November, 2026, at the Registered Office of the Company. The meeting commenced at 06:00 PM IST and concluded at 07:00 PM IST.

Financial Results Approval

The Board considered and approved:

  • Un-Audited Standalone Financial Results of the Company for the quarter and half year ended 30th September, 2026
  • Limited Review Report issued by M/s. A. Raghavendra Rao & Associates, Chartered Accountants, Statutory Auditors of the Company

Financial Performance Highlights (Standalone)

Quarterly Performance (Q2 FY27 vs Q2 FY26)

  • Total Income: ₹268.08 lakh (vs ₹37.68 lakh in Q2 FY26)
  • Revenue From Operations: ₹268.08 lakh (vs ₹37.68 lakh)
  • Other Income: ₹0.00 lakh (vs ₹0.00 lakh)
  • Total Expenses: ₹43.53 lakh (vs ₹16.75 lakh)
  • Employee Benefits Expenses: ₹13.64 lakh (vs ₹5.57 lakh)
  • Finance Cost: ₹5.46 lakh (vs ₹0.01 lakh)
  • Depreciation: ₹1.56 lakh (vs ₹0.09 lakh)
  • Other expenses: ₹22.88 lakh (vs ₹10.43 lakh)
  • Profit Before Tax: ₹224.55 lakh (vs ₹20.94 lakh)
  • Tax Expenses: ₹56.54 lakh (vs ₹4.71 lakh)
  • Current Tax: ₹55.16 lakh (vs ₹4.75 lakh)
  • Deferred Tax: ₹1.38 lakh (vs ₹-0.04 lakh)
  • Profit for Period: ₹168.01 lakh (vs ₹16.22 lakh)
  • Earnings Per Share (Basic): ₹0.04 (vs ₹0.02)
  • Earnings Per Share (Diluted): ₹0.04 (vs ₹0.02)

Half-Yearly Performance (H1 FY27 vs H1 FY26)

  • Total Income: ₹440.08 lakh (vs ₹73.57 lakh in H1 FY26)
  • Revenue From Operations: ₹440.08 lakh (vs ₹73.57 lakh)
  • Other Income: ₹0.00 lakh (vs ₹0.00 lakh)
  • Total Expenses: ₹98.25 lakh (vs ₹36.70 lakh)
  • Employee Benefits Expenses: ₹25.18 lakh (vs ₹10.10 lakh)
  • Finance Cost: ₹11.44 lakh (vs ₹0.02 lakh)
  • Depreciation: ₹1.99 lakh (vs ₹0.16 lakh)
  • Other expenses: ₹59.65 lakh (vs ₹25.77 lakh)
  • Profit Before Tax: ₹341.83 lakh (vs ₹36.87 lakh)
  • Tax Expenses: ₹86.11 lakh (vs ₹8.36 lakh)
  • Current Tax: ₹84.20 lakh (vs ₹8.36 lakh)
  • Deferred Tax: ₹1.91 lakh (vs ₹0.00 lakh)
  • Profit for Period: ₹255.72 lakh (vs ₹28.51 lakh)
  • Earnings Per Share (Basic): ₹0.05 (vs ₹0.04)
  • Earnings Per Share (Diluted): ₹0.05 (vs ₹0.04)

Balance Sheet Position (as at 30th September 2026)

Assets

  • Total Assets: ₹12,878.36 lakh (vs ₹5,340.44 lakh as at 31st March 2026)
  • Non-Current Assets: ₹530.17 lakh (vs ₹447.02 lakh)
  • Property, plant and equipment: ₹88.25 lakh (vs ₹3.14 lakh)
  • Other intangible assets: ₹0.30 lakh (vs ₹0.30 lakh)
  • Non-current investments: ₹191.63 lakh (vs ₹191.63 lakh)
  • Other non-current financial assets: ₹250.00 lakh (vs ₹251.00 lakh)
  • Current Assets: ₹12,348.19 lakh (vs ₹4,893.42 lakh)
  • Cash and cash equivalents: ₹0.34 lakh (vs ₹1.30 lakh)
  • Bank balance other than cash: ₹14.31 lakh (vs ₹16.04 lakh)
  • Loans, current: ₹12,357.79 lakh (vs ₹4,869.50 lakh)
  • Other current financial assets: ₹0.51 lakh (vs ₹2.29 lakh)
  • Current tax assets (net): ₹-33.98 lakh (vs ₹3.68 lakh)
  • Other current assets: ₹9.21 lakh (vs ₹0.61 lakh)

Equity and Liabilities

  • Total Equity: ₹12,608.21 lakh (vs ₹4,972.49 lakh)
  • Equity share capital: ₹4,683.50 lakh (vs ₹747.50 lakh)
  • Other equity: ₹7,924.71 lakh (vs ₹4,224.99 lakh)
  • Total Liabilities: ₹270.15 lakh (vs ₹367.95 lakh)
  • Non-current liabilities: ₹0.96 lakh (vs ₹0.00 lakh)
  • Deferred tax liabilities (net): ₹0.96 lakh (vs ₹0.00 lakh)
  • Current liabilities: ₹269.19 lakh (vs ₹367.95 lakh)
  • Borrowings, current: ₹254.90 lakh (vs ₹355.32 lakh)
  • Trade payables, current: ₹2.30 lakh (vs ₹0.29 lakh)
  • Other current financial liabilities: ₹11.00 lakh (vs ₹11.60 lakh)
  • Other current liabilities: ₹0.98 lakh (vs ₹0.74 lakh)

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

  • Cash flow from operating activities: ₹-7,183.75 lakh
  • Cash flow from investing activities: ₹-87.09 lakh
  • Cash flow from financing activities: ₹7,268.16 lakh
  • Net decrease in cash and cash equivalents: ₹-2.684 lakh
  • Cash and cash equivalents at beginning: ₹17.34 lakh
  • Cash and cash equivalents at end: ₹14.66 lakh

Key Financial Metrics

  • Paid-up Equity Share Capital: ₹4,683.50 lakh (Face Value of Re. 1/- each)
  • No exceptional items reported during any period
  • No discontinued operations during any period
  • No other comprehensive income during any period

Auditor Review

M/s. A. Raghavendra Rao & Associates, Chartered Accountants (Firm Reg No: 003324S) issued a limited review report dated 13th November, 2026, conducted in accordance with Standard on Review Engagement (SRE) 2410. The report states that nothing has come to their attention that causes them to believe that the financial statements are not prepared in all material respects in accordance with applicable accounting standards.

Additional Notes

1. The financial results were reviewed by the Audit Committee and approved by the Board of Directors

2. Limited review conducted by statutory auditors as required under Regulation 33(3)(b) of SEBI LODR

3. Company operates in a single primary business segment (Ind AS 108 not applicable)

4. Financial statements prepared in accordance with Indian Accounting Standards (Ind AS)

5. Provision for taxes made at each quarter end

6. Previous period figures have been re-grouped and re-classified where necessary