Financial Results Overview

Quarter Ended September 30, 2026 (Q2 FY27):

  • Revenue from Operations: ₹0.00 lakhs (no operational revenue)
  • Other Income: ₹2.39 lakhs
  • Total Income: ₹2.39 lakhs
  • Total Expenses: ₹16.49 lakhs (Employee Benefits: ₹6.21 lakhs, Other Expenses: ₹10.28 lakhs)
  • Loss Before Tax: ₹(14.10) lakhs
  • Tax Expenses: ₹0.00 lakhs
  • Net Loss: ₹(14.10) lakhs
  • Basic & Diluted EPS: ₹(1.00) per share (not annualized)

Quarter Ended June 30, 2026 (Q1 FY27):

  • Net Profit: ₹14.50 lakhs
  • Basic & Diluted EPS: ₹1.03 per share

Half Year Ended September 30, 2026:

  • Total Income: ₹28.50 lakhs
  • Profit Before Tax: ₹0.40 lakhs
  • Net Profit: ₹0.40 lakhs
  • Basic & Diluted EPS: ₹0.03 per share

Comparative Period (Quarter Ended September 30, 2025):

  • Revenue from Operations: ₹0.58 lakhs
  • Total Income: ₹9.94 lakhs
  • Net Loss: ₹(0.34) lakhs
  • Basic & Diluted EPS: ₹(0.02) per share

Previous Full Year (FY26 ended March 31, 2026):

  • Revenue from Operations: ₹120.00 lakhs
  • Total Income: ₹151.15 lakhs
  • Net Loss: ₹(81.42) lakhs
  • Basic & Diluted EPS: ₹(5.76) per share (annualized)

Capital Structure

  • Paid-up Equity Share Capital: ₹141.44 lakhs (Face Value: ₹10 per share)
  • Other Equity: ₹1,712.69 lakhs (as of September 30, 2026)
  • Total Equity: ₹1,854.13 lakhs

Balance Sheet Position (as at September 30, 2026)

Total Assets: ₹1,856.72 lakhs

  • Non-Current Assets: ₹83.81 lakhs (Property, Plant & Equipment: ₹83.81 lakhs, Capital work-in-progress: ₹1.94 lakhs)
  • Current Assets: ₹1,772.91 lakhs (Investments: ₹721.36 lakhs, Trade Receivables: ₹1,227.79 lakhs, Cash & Cash Equivalents: ₹259.73 lakhs, Other Current Assets: ₹741.11 lakhs)

Total Liabilities: ₹2.59 lakhs

  • Non-Current Liabilities: ₹0.00 lakhs
  • Current Liabilities: ₹2.59 lakhs (Trade Payables: ₹0.95 lakhs, Other Current Liabilities: ₹2.59 lakhs)

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

  • Cash from Operating Activities: ₹(155.84) lakhs
  • Cash from Investing Activities: ₹(71.92) lakhs
  • Cash from Financing Activities: ₹(159.43) lakhs
  • Net Decrease in Cash: ₹(387.18) lakhs
  • Cash & Equivalents at Beginning: ₹646.91 lakhs
  • Cash & Equivalents at End: ₹259.73 lakhs

Key Operational Notes

1. The company operates predominantly within India with two segments: Finance & Investments and Biomass. The Biomass segment remains under development with no commercial operations during the period.

2. The financial results have been prepared giving effect to the Resolution Plan approved by the Hon'ble NCLT (Mumbai Bench) vide order dated October 25, 2024, under the Insolvency and Bankruptcy Code, 2016. The plan is currently under implementation.

3. Investments comprise equity shares of various companies valued at lower of cost and net realizable value. For shares where trading is suspended and no active market exists, carrying value is retained at cost.

4. The financial results were reviewed by the Audit Committee and approved by the Board of Directors on November 4, 2026.

5. Statutory Auditors M/s A H P N & Associates conducted a limited review with no qualifications, though they included an Emphasis of Matter regarding the NCLT Resolution Plan implementation.