Summary of Key Information:

Reporting Period (Quarter/Year): Quarter and Half Year ended September 30, 2026

Nature of Filing / Announcement: Outcome of Board Meeting - Unaudited Financial Results

Audit Opinion:

Limited Review Report with Unmodified Conclusion but with Emphasis of Matter regarding Material Uncertainty related to Going Concern and non-accrual of interest on outstanding rupee term loans.

Auditor’s Comment:

The auditors highlighted two key matters:

1. Material Uncertainty related to Going Concern: The appropriateness of the going concern assumption is critically dependent upon the Company's ability to generate sufficient cash flows in future to meet its obligations.

2. Emphasis of Matter: Note no. 3 regarding non-accrual of interest on outstanding rupee term loans, as management believes adequate provisions have already been made.

Key Financial Highlights [Rupees in Lakhs]:

Standalone Results:

For Quarter Ended September 30, 2026:

  • Revenue from Operations: ₹33,251 (vs. ₹35,649 in Q2 FY25 - decline of 6.7% YoY)
  • Total Income: ₹33,514 (vs. ₹37,525 in Q2 FY25)
  • EBITDA: Not separately disclosed
  • Net Profit/(Loss): ₹(26,291) loss (vs. ₹(19,347) loss in Q2 FY25)
  • EPS: Basic and Diluted ₹(0.20) (vs. ₹(0.15) in Q2 FY25)

For Half Year Ended September 30, 2026:

  • Revenue from Operations: ₹65,982 (vs. ₹69,102 in H1 FY25 - decline of 4.5% YoY)
  • Total Income: ₹66,751 (vs. ₹71,488 in H1 FY25)
  • Net Profit/(Loss): ₹33,230 profit (includes exceptional gain of ₹26,264)
  • EPS: Basic and Diluted ₹0.25 (vs. ₹(0.33) in H1 FY25)

Comparative Performance:

  • Q2 FY26 (June 30, 2026): Revenue ₹32,731, Net Profit ₹6,939
  • FY26 Audited (March 31, 2026): Revenue ₹137,197, Net Profit ₹77,926

Other Equity: ₹(1,769,209) as at September 30, 2026 (Unaudited) vs. ₹(1,802,414) as at March 31, 2026 (Audited)

Cash and Cash Equivalents: ₹10,562 as at September 30, 2026 (vs. ₹11,629 as at March 31, 2026)

Debt:

  • Non-current borrowings: ₹439,161
  • Current borrowings: ₹76,126
  • Total borrowings: ₹515,287

Consolidated Results:

Not Specified - Results presented on standalone basis only

Segment-wise Performance:

The Company is predominantly in the business of providing 'Telecom Towers' on shared basis in India with no separate reportable business segments.

Corporate Actions:

Not Specified

Other Significant Information:

Cash Flow Statement Highlights (H1 FY27):

  • Cash flow from operating activities: ₹31,360
  • Cash flow from investing activities: ₹1,065
  • Cash flow from financing activities: ₹(33,492) [mainly repayment of long-term borrowings ₹26,757]
  • Net decrease in cash: ₹(1,067)

Impairment Testing: The Company will assess and carry out impairment test of property, plant and equipment in accordance with Ind AS 36 at year end.

Assets: Property, Plant and Equipment: ₹221,010; Right-of-use assets: ₹39,269