Key Decisions and Financial Results

The Board of Directors meeting, which commenced at 2:00 PM IST and concluded at 4:00 PM IST, approved the following items:

1. Approval of Un-Audited Financial Results: The Un-Audited Financial Results along with Limited Review Report for the second quarter and half year ended September 30, 2026, were reviewed by the Audit Committee and approved by the Board.

2. Resignation of Key Managerial Personnel: Ms. Priya Ladda resigned from the position of Company Secretary & Compliance Officer (Key Managerial Personnel) due to personal reasons. She tendered her resignation via letter dated November 13, 2026, and will be relieved from her duties effective close of business hours on November 14, 2026.

3. Appointment of Key Managerial Personnel: Ms. Alajingi Bhargavi was appointed as the Chief Financial Officer (CFO) and Key Managerial Person (KMP) of the Company, effective from close of business hours on November 13, 2026.

Detailed Financial Performance (Amounts in ₹ Lakhs)

For the Quarter Ended September 30, 2026 (Un-Audited):

  • Revenue from Operations: ₹666.67
  • Other Income: ₹2.04
  • Total Income: ₹668.71
  • Total Expenses: ₹652.39
  • Cost of Materials Consumed: ₹448.20
  • Employee Benefits Expense: ₹61.46
  • Finance Cost: ₹0.43
  • Depreciation and Amortization: ₹12.81
  • Other Expenses: ₹119.82
  • Profit Before Tax: ₹16.32
  • Tax Expense (Deferred Tax): ₹0.72
  • Net Profit for the Quarter: ₹15.60
  • Earnings Per Share (Basic & Diluted): ₹0.02

For the Six Months Ended September 30, 2026 (Un-Audited):

  • Revenue from Operations: ₹1,300.82
  • Other Income: ₹2.00
  • Total Income: ₹1,302.86
  • Total Expenses: ₹1,243.00
  • Profit Before Tax: ₹59.86
  • Tax Expense (Deferred Tax): ₹0.72
  • Net Profit for the Period: ₹59.14
  • Earnings Per Share (Basic & Diluted): ₹0.08

Comparative Figures (Previous Year):

  • Quarter Ended September 30, 2025: Net Loss of ₹13.42 lakh (EPS: -₹4.68)
  • Six Months Ended September 30, 2025: Net Loss of ₹13.67 lakh (EPS: -₹4.77)
  • Year Ended March 31, 2026 (Audited): Net Loss of ₹17.69 lakh (EPS: -₹0.03)

Financial Position as of September 30, 2026 (Un-Audited)

  • Total Assets: ₹11,084.11 lakh
  • Non-Current Assets: ₹5,157.08 lakh (including Property, Plant & Equipment: ₹206.06 lakh, Goodwill: ₹1,868.26 lakh, Intangible Assets under Development: ₹2,925.25 lakh)
  • Current Assets: ₹5,927.03 lakh (including Inventories: ₹103.50 lakh, Trade Receivables: ₹2,194.70 lakh, Cash & Cash Equivalents: ₹56.63 lakh, Other Bank Balances: ₹281.33 lakh)
  • Total Equity: ₹5,940.45 lakh
  • Equity Share Capital: ₹7,043.45 lakh (Face Value ₹10 per share, 70,434,472 shares)
  • Other Equity: (₹1,103.00) lakh
  • Total Liabilities: ₹5,143.67 lakh
  • Non-Current Liabilities: ₹2,187.39 lakh (including Borrowings: ₹2,169.71 lakh)
  • Current Liabilities: ₹2,956.28 lakh (including Trade Payables: ₹215.13 lakh)

Cash Flow Statement (Six Months Ended September 30, 2026)

  • Net Cash from Operating Activities: ₹1,897.85 lakh
  • Net Cash Used in Investing Activities: (₹263.34) lakh
  • Net Cash Used in Financing Activities: (₹1,621.15) lakh
  • Net Increase in Cash: ₹13.36 lakh
  • Cash and Cash Equivalents at End of Period: ₹56.63 lakh

Management Changes Details

Resignation of Ms. Priya Ladda (Company Secretary & Compliance Officer):

  • Reason: Personal reasons and professional commitments
  • Effective Date: Close of business hours on November 14, 2026
  • Shareholding: Not disclosed
  • Confirmation: No material reasons other than personal reasons

Appointment of Ms. Alajingi Bhargavi (CFO & KMP):

  • Effective Date: Close of business hours on November 13, 2026
  • Profile: Chartered Accountant responsible for leading the company's finance function and strategic financial management with expertise in financial planning, analysis, reporting, budgeting, forecasting, and corporate finance
  • Shareholding: Nil
  • Affirmation: Not debarred from holding office by any SEBI order or other authority

Additional Notes

  • The financial results have been prepared in accordance with Ind AS 34 and were reviewed by Boppudi & Associates, Chartered Accountants (Firm Reg No: 05025).
  • The company completed restructuring pursuant to NCLT Order dated June 12, 2025 (IA (Plan) 6 of 2025 IN CP (IB) No.1/7/HDB/2024), making current period figures not comparable with previous periods.
  • The results are available on the company website: www.ketomotors.com.