Key Financial Figures - Quarter Ended September 30, 2026

Income Statement Highlights (Amounts in ₹ lakhs):

  • Revenue from Operations: ₹24.00 (compared to ₹121.50 in Q2 FY26 and ₹24.00 in Q1 FY27)
  • Other Income: ₹0.18 (compared to ₹25.50 in Q2 FY26 and ₹0.00 in Q1 FY27)
  • Total Income: ₹24.18 (compared to ₹147.00 in Q2 FY26 and ₹24.00 in Q1 FY27)
  • Employee Benefits Expense: ₹8.64 (compared to ₹23.39 in Q2 FY26 and ₹20.84 in Q1 FY27)
  • Finance Cost: ₹10.93 (compared to ₹11.09 in Q2 FY26 and ₹10.67 in Q1 FY27)
  • Other Expenses: ₹4.93 (compared to ₹10.95 in Q2 FY26 and ₹6.72 in Q1 FY27)
  • Profit/(Loss) before Tax: -₹0.32 (loss) (compared to -₹10.29 in Q2 FY26 and -₹14.23 in Q1 FY27)
  • Profit/(Loss) for the Period: -₹0.32 (loss) (compared to -₹10.29 in Q2 FY26 and -₹14.23 in Q1 FY27)

Half-Year Ended September 30, 2026 (Amounts in ₹ lakhs):

  • Revenue from Operations: ₹48.00 (compared to ₹427.16 in H1 FY26)
  • Other Income: ₹0.18 (compared to ₹49.50 in H1 FY26)
  • Total Income: ₹48.18 (compared to ₹476.66 in H1 FY26)
  • Profit/(Loss) before Tax: -₹14.55 (loss) (compared to ₹28.27 in H1 FY26)
  • Profit/(Loss) for the Period: -₹14.55 (loss) (compared to ₹28.27 in H1 FY26)

Capital Structure:

  • Paid-up Equity Share Capital: ₹530.46 lakh (53,04,600 equity shares of ₹10 each) (unchanged from previous periods)
  • Reserves: -₹650.02 lakh as of September 30, 2026 (compared to -₹635.47 lakh as of March 31, 2026)
  • Net Worth: -₹119.56 lakh as of September 30, 2026 (compared to -₹105.01 lakh as of March 31, 2026)

Balance Sheet Position as at September 30, 2026 (Amount in ₹ hundreds):

Assets:

  • Non-Current Assets: ₹201,318.45
  • Property, Plant and Equipment: ₹192,971.38
  • Other Non-Current Assets: ₹8,347.07
  • Current Assets: ₹573,875.43
  • Inventories: ₹78,305.70
  • Trade Receivables: ₹269,579.03
  • Cash and Cash Equivalents: ₹32,147.26
  • Loans: ₹137,197.54
  • Other Current Assets: ₹56,645.90
  • Total Assets: ₹775,193.88

Liabilities and Equity:

  • Equity: -₹119,557.47
  • Equity Share Capital: ₹530,460.00
  • Other Equity: -₹650,017.47
  • Non-Current Liabilities: ₹864,053.79
  • Long-Term Borrowings: ₹586,626.79
  • Other Financial Liabilities: ₹255,515.00
  • Deferred Tax Liabilities: ₹21,912.00
  • Current Liabilities: ₹30,697.56
  • Trade Payables (other than SMEs and Micro): ₹15,133.85
  • Other Financial Liabilities: ₹4,384.00
  • Other Current Liabilities: ₹11,179.71
  • Total Equity and Liabilities: ₹775,193.88

Cash Flow Statement - Half Year Ended September 30, 2026 (Amount in ₹ hundreds):

  • Net Cash from Operating Activities: ₹66,109.45
  • Net Cash Used in Investing Activities: -₹652.38 (Purchase of Property, Plant and Equipment)
  • Net Cash Used in Financing Activities: -₹127,791.32 (primarily decrease in Long-Term Advances and finance expenses paid)
  • Net Decrease in Cash and Equivalents: -₹62,334.25
  • Cash and Equivalents at End of Period: ₹32,147.26

Regulatory Compliance and Additional Disclosures:

  • Limited Review Report: Submitted by M/s. Gauri Goyal & Associates, Chartered Accountants (FRN: 036120N), containing no qualifications.
  • Default on Loans: The company confirmed there is no default on outstanding loans and has not issued any debt securities.
  • Related Party Transactions: Not applicable for disclosure as the company's paid-up equity share capital does not exceed ₹10 crores and net worth does not exceed ₹25 crores, making it exempt under Regulation 15(2) of SEBI (LODR) Regulations, 2015.
  • Public Issue Proceeds: Statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, etc., is not applicable.
  • Audit Qualifications Impact: Not applicable as the limited review report does not contain any qualifications.

Board Approval and Submission Details:

  • The Board of Directors approved the financial results at their meeting held on November 12, 2026, at the Registered Office in Kurukshetra, Haryana.
  • The meeting commenced at 2:30 p.m. and concluded at 4:00 p.m.
  • The submission to BSE Limited was made pursuant to SEBI Circular No. SEBI/HO/CFD/CFD-PoD-2/CIR/P/2026/185 dated December 31, 2024, and corresponding exchange circulars.
  • The financial results will be released for publishing in newspapers.

Notes to Financial Results:

1. The unaudited standalone financial results have been reviewed by the Audit Committee and approved by the Board of Directors.

2. The results are prepared in accordance with Indian Accounting Standards (Ind AS), the Companies Act, 2013, and SEBI guidelines.

3. The company operates only in one business segment: Milk Products.

4. Previous period figures have been regrouped and reclassified where necessary.