Board Meeting Details
The Board meeting was held on November 07, 2026, commencing at 12:00 PM and concluding at 03:40 PM. The meeting approved the unaudited financial results for the quarter and half year ended September 30, 2026, along with the Limited Review Report.
Financial Results - Quarter Ended September 30, 2026
- Revenue from Operations: ₹82.86 lakh
- Other Income: ₹35.55 lakh
- Total Income: ₹118.40 lakh
- Profit Before Tax: ₹53.89 lakh
- Tax Expense: ₹13.52 lakh (Current tax: ₹14.00 lakh, Prior year current tax: ₹-0.48 lakh, Deferred tax: ₹6.57 lakh)
- Net Profit: ₹40.38 lakh
- Earnings Per Share (Basic & Diluted): ₹0.58
Financial Results - Half Year Ended September 30, 2026
- Revenue from Operations: ₹297.50 lakh
- Other Income: ₹84.17 lakh
- Total Income: ₹381.67 lakh
- Profit Before Tax: ₹208.39 lakh
- Tax Expense: ₹46.59 lakh (Current tax: ₹40.50 lakh, Deferred tax: ₹6.09 lakh)
- Net Profit: ₹161.81 lakh
- Total Comprehensive Income: ₹170.25 lakh
- Earnings Per Share (Basic & Diluted): ₹2.33
Comparative Performance
Quarterly Comparison (Q2 FY27 vs Q2 FY26):
- Revenue from Operations decreased from ₹138.02 lakh to ₹82.86 lakh
- Net Profit decreased from ₹121.43 lakh to ₹40.38 lakh
- EPS decreased from ₹1.75 to ₹0.58
Half-Yearly Comparison (H1 FY27 vs H1 FY26):
- Revenue from Operations increased from ₹220.87 lakh to ₹297.50 lakh
- Net Profit decreased from ₹171.28 lakh to ₹161.81 lakh
- EPS decreased from ₹4.06 to ₹2.33
Balance Sheet Position (as of September 30, 2026)
- Total Assets: ₹3,734.86 lakh (vs ₹3,410.09 lakh as of March 31, 2026)
- Non-current Assets: ₹1,031.82 lakh (including investments of ₹1,007.46 lakh)
- Current Assets: ₹2,701.46 lakh (including loans of ₹1,829.16 lakh and current investments of ₹403.05 lakh)
- Total Equity: ₹3,335.17 lakh
- Total Liabilities: ₹399.69 lakh
Cash Flow Statement (Half Year Ended September 30, 2026)
- Cash from Operating Activities: ₹58.80 lakh
- Cash used in Investing Activities: ₹(178.46) lakh
- Cash from Financing Activities: ₹128.05 lakh
- Net Increase in Cash: ₹8.39 lakh
- Closing Cash Balance: ₹47.15 lakh
Rights Issue Update
The Board of Directors approved a Rights Issue on September 9, 2026. BSE Limited granted In-Principle Approval on October 16, 2026. The allotment process is scheduled for November 27, 2026. The financial impact on Paid-up Share Capital and Share Premium will be recognized in the subsequent quarter upon allotment.
Auditor Review
The unaudited financial results were reviewed by B.T. Vora & Co., Chartered Accountants, who issued a limited review report stating that nothing has come to their attention that causes them to believe the statement contains any material misstatement.