Board Meeting Details
The Board of Directors meeting was held on October 27, 2026, commencing at 4:00 PM and concluding at 4:30 PM. The Board approved the standalone un-audited financial results for the quarter and half year ended September 30, 2026, along with the Limited Review Report after review by the Audit Committee.
Financial Results Summary (Quarter Ended September 30, 2026)
- Total Income: ₹2.67 lakh (₹1.57 lakh from operations, ₹1.10 lakh other income)
- Total Expenses: ₹5.87 lakh
- Profit Before Tax: Loss of ₹3.21 lakh
- Tax Expense: Negative ₹0.81 lakh (deferred tax benefit)
- Profit After Tax: Loss of ₹2.40 lakh
- Earnings Per Share: Negative ₹0.41 (basic and diluted)
- Total Comprehensive Income: Loss of ₹2.43 lakh
Financial Results Summary (Half Year Ended September 30, 2026)
- Total Income: ₹4.10 lakh (₹1.57 lakh from operations, ₹2.53 lakh other income)
- Total Expenses: ₹12.90 lakh
- Profit Before Tax: Loss of ₹8.80 lakh
- Tax Expense: Negative ₹2.22 lakh (deferred tax benefit)
- Profit After Tax: Loss of ₹6.59 lakh
- Earnings Per Share: Negative ₹1.13 (basic and diluted)
- Total Comprehensive Income: Loss of ₹6.42 lakh
Comparative Performance
Compared to same quarter previous year (Q2 FY26): Revenue from operations decreased from ₹18.69 lakh to ₹1.57 lakh, shifting from profit of ₹10.59 lakh to loss of ₹2.40 lakh.
Balance Sheet Position (as of September 30, 2026)
- Total Assets: ₹254.46 lakh (₹245.01 lakh as of March 31, 2026)
- Non-Current Assets: ₹180.86 lakh (including Property, Plant & Equipment ₹27.55 lakh, Investments ₹109.92 lakh)
- Current Assets: ₹73.61 lakh (including Inventories ₹15.76 lakh, Investments ₹50.90 lakh, Cash ₹5.00 lakh)
- Equity: ₹235.13 lakh (Share Capital ₹58.05 lakh, Other Equity ₹177.08 lakh)
- Current Liabilities: ₹19.33 lakh (Borrowings ₹6.17 lakh, Trade Payables ₹7.02 lakh, Other Financial Liabilities ₹6.13 lakh)
Cash Flow Analysis (Half Year Ended September 30, 2026)
- Operating Activities: Negative ₹11.77 lakh (cash used)
- Investing Activities: Negative ₹54.98 lakh (cash used, primarily for investments ₹50.00 lakh and capital work-in-progress ₹6.61 lakh)
- Financing Activities: Negative ₹0.09 lakh (finance costs)
- Net Decrease in Cash: ₹66.84 lakh
- Cash Position: Decreased from ₹71.85 lakh to ₹5.00 lakh
Additional Notes
1. Financial results prepared in accordance with Indian Accounting Standards (Ind AS)
2. Company engaged in trading of iron and steel and related services
3. No subsidiaries, associates, or joint ventures
4. Segment reporting not applicable as company doesn't meet Ind AS 108 criteria
5. Results reviewed by Audit Committee and approved by Board
6. Statutory Auditor issued unmodified review report
7. Financial results available on company website: www.hariyanaventures.in