Financial Performance Highlights

Quarter Ended 30th September, 2026 (Unaudited):

  • Revenue from Operations: ₹169.68 lacs
  • Other Income: ₹50.63 lacs
  • Total Income: ₹220.30 lacs
  • Employee Benefit Expenses: ₹47.27 lacs
  • Finance Costs: ₹83.96 lacs
  • Depreciation: ₹28.86 lacs
  • Other Expenses: ₹57.90 lacs
  • Total Expenses: ₹217.99 lacs
  • Profit before Tax: ₹2.31 lacs
  • Net Profit for the period: ₹2.31 lacs
  • EPS (Basic & Diluted) from Continuing activities: ₹0.03

Half Year Ended 30th September, 2026 (Unaudited):

  • Revenue from Operations: ₹338.39 lacs
  • Other Income: ₹110.51 lacs
  • Total Income: ₹448.90 lacs
  • Employee Benefit Expenses: ₹95.32 lacs
  • Finance Costs: ₹164.81 lacs
  • Depreciation: ₹56.03 lacs
  • Other Expenses: ₹112.44 lacs
  • Total Expenses: ₹428.59 lacs
  • Profit before Tax: ₹20.31 lacs
  • Net Profit for the period: ₹20.31 lacs
  • EPS (Basic & Diluted) from Continuing activities: ₹0.29

Comparative Figures

Previous Quarter (30th June, 2026):

  • Net Profit: ₹18.00 lacs
  • EPS: ₹0.26

Same Quarter Previous Year (30th September, 2025):

  • Net Loss: ₹(7.93) lacs
  • EPS: ₹(0.11)

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

  • Total Assets: ₹6,080.22 lacs
  • Non-current Assets: ₹5,727.88 lacs
  • Current Assets: ₹352.34 lacs
  • Equity Share Capital: ₹698.65 lacs (Face Value ₹10 per share)
  • Other Equity: ₹(1,213.61) lacs
  • Total Equity: ₹(514.96) lacs
  • Non-current Liabilities: ₹748.89 lacs
  • Current Liabilities: ₹5,846.29 lacs
  • Total Liabilities: ₹6,595.18 lacs

Segment Information

The company has two reportable segments:

1. Property & Related Services: Q2 Revenue ₹82.52 lacs, Segment Result ₹4.56 lacs profit

2. Hospitality Services: Q2 Revenue not specified, Segment Result ₹(14.14) lacs loss

Discontinued Operations

The company permanently discontinued its manufacturing activities at the Solapur Plant pursuant to the Board's decision dated November 10, 2018. The corresponding figures for the previous year have been presented separately as discontinued operations.

Electricity Reimbursement

Current Six Month Power and Fuel Cost: ₹218.01 lacs

Reimbursement: ₹304.93 lacs

Previous period Power and Fuel Cost: ₹193.25 lacs

Reimbursement: ₹243.02 lacs

Auditor Review

Mittal & Associates Chartered Accountants (FRN No. 106456W) conducted a limited review and issued an unqualified report stating that nothing has come to their attention that causes them to believe that the Statement contains any material misstatement.

Key Financial Ratios (as at 30th September, 2026)

  • Current Ratio: 0.06
  • Debt-Equity Ratio: -12.81
  • Debt Service Coverage Ratio: 1.06
  • Return on Equity Ratio: 0.00
  • Net Profit Ratio: 0.01
  • Return on Capital Employed: 0.37