Financial Results (Quarter Ended 30th September, 2026)

Income Statement (in ₹ lakhs):

  • Revenue from operations: ₹203.40
  • Other income: ₹0.00
  • Total income: ₹203.40
  • Cost of materials consumed: ₹0.00
  • Purchases of stock-in-trade: ₹202.87
  • Employee benefits expense: ₹1.02
  • Finance costs: ₹0.00
  • Depreciation and amortization expenses: ₹0.02
  • Other expenses: ₹1.40
  • Total expenses: ₹205.31
  • Loss before tax: ₹(1.92)
  • Tax expense: ₹0.00 (current tax), ₹0.00 (deferred tax)
  • Net loss for the quarter: ₹(1.92)
  • Earnings per share (basic and diluted): ₹(0.04)

Comparative Financial Performance

Quarterly Comparison (in ₹ lakhs):

  • Q2 FY27 (30/09/2026): Revenue ₹203.40, Net Loss ₹(1.92)
  • Q1 FY27 (30/06/2026): Revenue ₹0.00, Net Loss ₹(0.86)
  • Q2 FY26 (30/09/2025): Revenue ₹0.00, Net Loss ₹(2.60)

Half-Yearly Comparison (in ₹ lakhs):

  • H1 FY27 (30/09/2026): Total Income ₹204.60, Net Loss ₹(2.78)
  • H1 FY26 (30/09/2025): Total Income ₹1.98, Net Loss ₹(31.19)

Annual Comparison:

  • FY26 (31/03/2026): Total Income ₹5.57, Net Loss ₹(83.16)

Balance Sheet Position (as at 30th September, 2026)

Equity and Liabilities (in ₹):

  • Share capital: ₹48,579,000
  • Reserves and surplus: ₹(16,004,072)
  • Current year loss: Not quantified separately
  • Shareholders' funds: ₹32,574,928
  • Long-term borrowings: ₹1,250,000
  • Deferred tax liabilities: ₹18,730
  • Trade payables: ₹21,350,537
  • Other current liabilities: ₹32,500
  • Short-term provisions: ₹100,000
  • Total equity and liabilities: ₹55,326,695

Assets (in ₹):

  • Fixed assets: ₹30,402
  • Long-term loans and advances: ₹32,767,341
  • Total non-current assets: ₹32,797,743
  • Trade receivables: ₹21,341,464
  • Cash and cash equivalents: ₹546,544
  • Other current assets: ₹640,944
  • Total current assets: ₹22,528,952
  • Total assets: ₹55,326,695

Cash Flow Statement (Six Months Ended 30th September, 2026)

Cash Flow (in ₹ lakhs):

  • Net cash from operating activities: ₹(7.26)
  • Net cash from investing activities: ₹1.20
  • Net cash from financing activities: ₹3.74
  • Net change in cash: ₹(2.32)
  • Opening cash balance: ₹7.79
  • Closing cash balance: ₹5.47

Regulatory Compliance and Additional Information

  • The results were reviewed by the Audit Committee and taken on record by the Board of Directors on 29/10/2026
  • Previous year figures have been regrouped/rearranged where necessary
  • Statutory auditors Nirav S. Shah & Co. conducted limited review of financial results
  • No investor complaints were received or pending during the quarter
  • The company has complied with SEBI (LODR) Regulations, 2015 requirements