Financial Results Overview

Standalone Performance (₹ in lakhs)

Quarter Ended September 30, 2026:

  • Revenue from Operations: ₹14,197.02
  • Other Income: ₹108.09
  • Total Income: ₹14,305.11
  • Profit Before Tax: ₹165.85
  • Net Profit/(Loss): (₹2.19) loss
  • EPS: (₹0.00) basic and diluted

Half Year Ended September 30, 2026:

  • Revenue from Operations: ₹25,387.85
  • Other Income: ₹219.33
  • Total Income: ₹25,607.17
  • Profit Before Tax: ₹254.81
  • Net Profit/(Loss): (₹0.15) loss
  • EPS: (₹0.00) basic and diluted

Consolidated Performance (₹ in lakhs)

Quarter Ended September 30, 2026:

  • Revenue from Operations: ₹14,197.02
  • Share in Loss from Associate: (₹0.07)
  • Profit Before Tax: ₹165.77
  • Net Profit/(Loss): (₹2.26) loss

Half Year Ended September 30, 2026:

  • Revenue from Operations: ₹25,387.85
  • Share in Loss from Associate: (₹0.22)
  • Profit Before Tax: ₹254.59
  • Net Profit/(Loss): (₹0.37) loss

Segment-wise Performance

Revenue Breakdown (₹ in lakhs)

Q2 FY27:

  • Dealing in Essential Items: ₹10,941.69 (77.1% of total)
  • Trading Division - Infrastructure: ₹3,255.32 (22.9% of total)

H1 FY27:

  • Dealing in Essential Items: ₹19,952.56 (78.6% of total)
  • Trading Division - Infrastructure: ₹5,435.28 (21.4% of total)

Segment Results before Tax and Interest (₹ in lakhs)

Q2 FY27:

  • Dealing in Essential Items: ₹358.24
  • Trading Division - Infrastructure: ₹18.88

Major Customer Concentration

  • Q2 FY27: One customer in essential items segment represented ₹1,895.59 lakhs (13.4% of total revenue)
  • Q2 FY26: Three customers represented ₹1,768.85 lakhs, ₹1,413.80 lakhs, and ₹1,307.97 lakhs respectively
  • H1 FY27: Two customers represented ₹2,407.46 lakhs and ₹2,267.40 lakhs respectively

Balance Sheet Highlights (Standalone)

As at September 30, 2026 (₹ in lakhs):

  • Total Assets: ₹35,251.69
  • Equity Share Capital: ₹17,552.83 (increased from ₹10,676.91 as at March 31, 2026)
  • Other Equity: ₹9,308.06
  • Trade Receivables: ₹21,664.81 (significant increase from ₹13,608.30)
  • Inventories: ₹72.01 (decreased from ₹981.67)
  • Borrowings: ₹4,193.79 (₹987.47 non-current + ₹3,206.32 current)

Right Issue Impact

  • Expenses of ₹25.00 lakh incurred for right issue adjusted against Other Equity during Q2 FY27
  • Proceeds from right issue including securities premium: ₹9,970.09 lakh
  • Right issue expenses: ₹112.25 lakh

Auditor's Qualification

Independent auditor A K Bhargav & Co issued a qualified opinion due to:

  • Inability to verify fair valuation of investments totaling ₹8.50 crore
  • Investments include ₹7.50 crore in Nakshatra Special Situation Fund and ₹1.00 crore in other investments
  • Valuation required under Ind AS 109 but insufficient appropriate audit evidence available

Investor Complaints

  • Pending at beginning of quarter: 0
  • Received during quarter: 2
  • Disposed during quarter: 2
  • Remaining unresolved at end of quarter: 0

Board Meeting Details

  • Date: October 31, 2026
  • Time: Commenced at 6:20 PM, concluded at 9:30 PM
  • Location: Registered office of the Company

Key Management

  • Deepak Kumar Gupta, Whole-Time Director cum CEO (DIN: 00057003) signed the financial statements
  • CA Arun Kumar Bhargav (M. No: 548396) issued the limited review report