The statutory auditors, M/s. A Y & Company, Chartered Accountants (FRN: 020829C), conducted a limited review of the financial results and issued an unmodified report dated October 29, 2026, signed by Partner Arpit Gupta (M. No. 421544). The review was performed in accordance with Standard on Review Engagements (SRE) 2410 issued by the ICAI. The auditors stated that nothing has come to their attention that causes them to believe the statement contains any material misstatement.

Financial Performance (Half Year Ended September 30, 2026)

Income Statement Highlights (Amounts in ₹ Lakh):

  • Revenue from Operations: ₹553.68 (H1 FY26: ₹481.50; Full Year FY26 Audited: ₹461.26)
  • Other Income: ₹2.60 (H1 FY26: ₹3.76)
  • Total Revenue: ₹556.28 (H1 FY26: ₹485.26; Full Year FY26 Audited: ₹476.45)
  • Employee Benefit Expenses: ₹147.22 (H1 FY26: ₹126.88)
  • Depreciation & Amortization: ₹81.91 (H1 FY26: ₹90.70; Full Year FY26 Audited: ₹77.67)
  • Other Expenses: ₹312.79 (H1 FY26: ₹289.84; Full Year FY26 Audited: ₹307.40)
  • Total Expenses: ₹541.92 (H1 FY26: ₹507.42; Full Year FY26 Audited: ₹527.13)
  • Profit Before Tax: ₹14.36 (H1 FY26 Loss: ₹22.16; Full Year FY26 Audited Loss: ₹50.68)
  • Total Tax Expense: ₹-7.83 (Deferred Tax: ₹-7.83; H1 FY26: ₹10.32; Full Year FY26 Audited: ₹-20.89)
  • Net Profit for the Period: ₹22.19 (H1 FY26 Loss: ₹32.48; Full Year FY26 Audited Loss: ₹29.79)
  • Basic & Diluted Earnings Per Share (EPS): ₹0.33 (H1 FY26: ₹-0.48; Full Year FY26 Audited: ₹-0.44)

Balance Sheet Position as of September 30, 2026 (Unaudited) vs March 31, 2026 (Audited) (Amounts in ₹ Lakh):

  • Paid-up Equity Share Capital: ₹680.85 (unchanged)
  • Reserves & Surplus: ₹620.66 (Mar-26: ₹598.47)
  • Total Shareholders' Funds: ₹1,301.51 (Mar-26: ₹1,279.33)
  • Trade Payables: ₹159.92 (Mar-26: ₹182.69)
  • Other Current Liabilities: ₹28.35 (Mar-26: ₹40.58)
  • Total Current Liabilities: ₹188.27 (Mar-26: ₹223.27)
  • Total Liabilities: ₹1,489.78 (Mar-26: ₹1,502.60)
  • Tangible Assets: ₹862.09 (Mar-26: ₹645.66)
  • Intangible Assets: ₹2.85 (Mar-26: ₹3.17)
  • Capital Work in Progress: ₹400.00 (Mar-26: ₹622.44)
  • Non-Current Investments: ₹21.41 (Mar-26: ₹56.49)
  • Deferred Tax Assets: ₹29.93 (Mar-26: ₹22.10)
  • Other Non-Current Assets: ₹9.45 (Mar-26: ₹8.45)
  • Total Non-Current Assets: ₹1,325.73 (Mar-26: ₹1,358.31)
  • Trade Receivables: ₹80.87 (Mar-26: ₹52.37)
  • Cash and Cash Equivalents: ₹64.32 (Mar-26: ₹46.01)
  • Short Term Loans & Advances: ₹0.10 (Mar-26: ₹32.07)
  • Other Current Assets: ₹18.76 (Mar-26: ₹13.84)
  • Total Current Assets: ₹164.05 (Mar-26: ₹144.28)
  • Total Assets: ₹1,489.78 (Mar-26: ₹1,502.60)

Cash Flow Statement for H1 Ended September 30, 2026 (Amounts in ₹ Lakh):

  • Net Cash from Operating Activities: ₹59.83 (H1 FY26: ₹-114.95)
  • Net Cash Used in Investing Activities: ₹-41.51 (primarily from purchase of property, plant and equipment: ₹-75.58)
  • Net Cash Used in Financing Activities: ₹0.00
  • Net Increase in Cash: ₹18.32 (H1 FY26: ₹41.81)
  • Cash at Beginning of Period: ₹46.01 (H1 FY26: ₹36.92)
  • Cash at End of Period: ₹64.32 (H1 FY26: ₹78.72)