Financial Performance Highlights

Quarter Ended September 30, 2026 (Q2 FY2027):

  • Total Income: ₹8.47 lakh (compared to ₹45.46 lakh in Q2 FY2026)
  • Total Expenses: ₹12.51 lakh
  • Profit Before Tax: Loss of ₹4.03 lakh (compared to profit of ₹15.47 lakh in Q2 FY2026)
  • Tax Expense: Negative ₹0.06 lakh (tax benefit)
  • Net Profit: Loss of ₹3.98 lakh (compared to profit of ₹12.49 lakh in Q2 FY2026)
  • Earnings Per Share (Basic & Diluted): Negative ₹0.09 (compared to ₹0.27 in Q2 FY2026)

Half Year Ended September 30, 2026 (H1 FY2027):

  • Total Income: ₹18.58 lakh (compared to ₹93.71 lakh in H1 FY2026)
  • Total Expenses: ₹22.37 lakh
  • Profit Before Tax: Loss of ₹3.79 lakh (compared to profit of ₹21.72 lakh in H1 FY2026)
  • Tax Expense: Nil
  • Net Profit: Loss of ₹3.80 lakh (compared to profit of ₹16.22 lakh in H1 FY2026)
  • Earnings Per Share (Basic & Diluted): Negative ₹0.08 (compared to ₹0.35 in H1 FY2026)

Comparative Full Year Reference (FY2026):

  • Total Income: ₹178.03 lakh
  • Net Profit: ₹63.05 lakh
  • Earnings Per Share: ₹1.36

Income Statement Details

Revenue Breakdown:

  • Revenue from Operations: Nil across all periods
  • Other Income: ₹8.47 lakh (Q2 FY2027), ₹10.11 lakh (Q1 FY2027), ₹45.46 lakh (Q2 FY2026)

Expense Breakdown (Q2 FY2027):

  • Employee Benefits Expense: ₹1.35 lakh
  • Finance Costs: ₹4.31 lakh
  • Legal & Professional Expenses: ₹5.82 lakh
  • Other Expenses: ₹1.02 lakh
  • No depreciation, amortization, material costs, or inventory changes reported

Balance Sheet Position (as at September 30, 2026)

Assets:

  • Total Assets: ₹997.02 lakh (compared to ₹966.74 lakh as at March 31, 2026)
  • Current Assets: ₹997.02 lakh
  • Cash and Cash Equivalents: ₹3.39 lakh (down from ₹40.89 lakh)
  • Bank Balances: ₹58.43 lakh (unchanged)
  • Loans: ₹934.97 lakh (up from ₹867.19 lakh)
  • Other Current Financial Assets: ₹0.23 lakh (unchanged)
  • Non-current Assets: Nil

Liabilities and Equity:

  • Shareholders' Funds: ₹686.24 lakh (down from ₹690.01 lakh)
  • Share Capital: ₹463.40 lakh (unchanged, face value ₹10 per share)
  • Other Equity: ₹222.84 lakh (down from ₹226.61 lakh)
  • Non-current Liabilities: ₹259.34 lakh
  • Borrowings: ₹259.34 lakh (up from ₹243.07 lakh)
  • Current Liabilities: ₹51.45 lakh
  • Borrowings: ₹45.24 lakh (up from ₹24.39 lakh)
  • Trade Payables (other than Micro and Small Enterprises): ₹1.37 lakh (down from ₹4.47 lakh)
  • Other Current Liabilities: ₹4.84 lakh (up from ₹0.71 lakh)
  • Current Tax Liabilities: Nil (down from ₹4.09 lakh)

Cash Flow Statement (Half Year Ended September 30, 2026)

  • Net Cash Used in Operating Activities: ₹17.88 lakh
  • Net Cash Used in Investing Activities: ₹49.20 lakh
  • Net Cash from Financing Activities: ₹29.60 lakh
  • Net Decrease in Cash and Equivalents: ₹37.49 lakh
  • Cash and Equivalents at Beginning: ₹40.89 lakh
  • Cash and Equivalents at End: ₹3.39 lakh

Auditor Review and Compliance

The unaudited financial results were reviewed by the Audit Committee and approved by the Board of Directors on November 03, 2026. Statutory auditors Suvarna & Katdare, Chartered Accountants (FRN: 125080W) conducted a limited review and issued an unmodified conclusion, stating that nothing has come to their attention suggesting material misstatement or non-compliance with disclosure requirements under Regulation 33 of SEBI Listing Regulations.

Additional Notes

  • The company operates in a single segment (financial services)
  • Financial results prepared in accordance with Indian Accounting Standards (Ind AS)
  • Previous period figures have been regrouped/rearranged for comparability
  • No exceptional items, discontinued operations, or other comprehensive income reported in any period