Key Decisions and Financial Results
1. Financial Results Approval
The Board of Directors at their meeting held on November 04, 2026, approved:
- Un-Audited Financial Results (Standalone & Consolidated) for the second quarter ended September 30, 2026
- Limited Review Report (Standalone & Consolidated) for the second quarter ended September 30, 2026 prepared under Regulation 33 of SEBI LODR Regulations
2. Management Appointment
The Board appointed Mr. Mahesh Sharma (ACS: A82218) as Company Secretary and Compliance Officer, Key Managerial Personnel of the Company with immediate effect.
Detailed Financial Performance
Standalone Financial Results (Amount in ₹ Lakhs)
Quarter Ended September 30, 2026:
- Revenue from Operations: ₹569.97 lakh
- Other Income: ₹20.74 lakh
- Total Income: ₹590.71 lakh
- Total Expenses: ₹573.31 lakh
- Profit Before Tax: ₹17.40 lakh
- Tax Expense: ₹4.71 lakh
- Net Profit: ₹12.70 lakh
- EPS: ₹0.66
Half Year Ended September 30, 2026:
- Revenue from Operations: ₹1,563.88 lakh
- Other Income: ₹34.56 lakh
- Total Income: ₹1,598.44 lakh
- Total Expenses: ₹1,528.90 lakh
- Profit Before Tax: ₹69.54 lakh
- Tax Expense: ₹18.59 lakh
- Net Profit: ₹50.95 lakh
- EPS: ₹2.63
Comparative Performance:
Q2 FY27 net profit declined 67% from Q1 FY27 (₹38.26 lakh) and 46% from Q2 FY25 (₹23.55 lakh)
Consolidated Financial Results (Amount in ₹ Lakhs)
Quarter Ended September 30, 2026:
- Revenue from Operations: ₹787.99 lakh
- Other Income: ₹19.33 lakh
- Total Income: ₹807.33 lakh
- Total Expenses: ₹799.02 lakh
- Profit Before Tax: ₹8.31 lakh
- Tax Expense: ₹1.88 lakh
- Net Profit: ₹6.43 lakh
- EPS: ₹0.36
Half Year Ended September 30, 2026:
- Revenue from Operations: ₹2,054.83 lakh
- Other Income: ₹32.00 lakh
- Total Income: ₹2,086.82 lakh
- Total Expenses: ₹2,025.73 lakh
- Profit Before Tax: ₹61.10 lakh
- Tax Expense: ₹15.76 lakh
- Net Profit: ₹45.34 lakh
- EPS: ₹2.37
Balance Sheet Highlights
Standalone (as of September 30, 2026)
- Total Assets: ₹10,790.50 lakh
- Equity Share Capital: ₹1,992.70 lakh
- Other Equity: ₹2,151.05 lakh
- Current Borrowings: ₹5,049.27 lakh
- Cash & Cash Equivalents: ₹1,311.50 lakh
Consolidated (as of September 30, 2026)
- Total Assets: ₹14,409.58 lakh
- Equity Share Capital: ₹1,992.70 lakh
- Other Equity: ₹2,545.90 lakh
- Non-Controlling Interest: (₹3.22) lakh
- Current Borrowings: ₹7,352.08 lakh
- Cash & Cash Equivalents: ₹2,261.67 lakh
Cash Flow Analysis
Standalone Cash Flows (Half Year Ended September 30, 2026)
- Net Cash from Operating Activities: ₹3,364.59 lakh
- Net Cash from Investing Activities: ₹634.01 lakh
- Net Cash from Financing Activities: (₹2,694.69) lakh
- Net Increase in Cash: ₹1,289.33 lakh
Consolidated Cash Flows (Half Year Ended September 30, 2026)
- Net Cash from Operating Activities: ₹5,414.98 lakh
- Net Cash from Investing Activities: (₹441.90) lakh
- Net Cash from Financing Activities: (₹3,451.15) lakh
- Net Increase in Cash: ₹1,536.49 lakh
Management Appointment Details
Appointment: Mr. Mahesh Sharma as Company Secretary and Compliance Officer
Effective Date: Immediate effect (November 04, 2026)
Qualifications: Qualified Company Secretary (ACS: A82218), member of ICSI
Experience: Over 5 years in corporate secretarial and legal services with expertise in corporate governance, statutory compliance, ROC filings, and corporate legal matters
Subsidiary Information
The consolidated results include the following subsidiaries:
- Lykis Export LLC, UAE
- Goldspan Exports Private Limited (formerly Lykis Marketing Private Limited)
- Parshav Infra Market Private Limited (from June 19, 2026)
- Tidagela Industries Private Limited (from June 19, 2026)
- Exnora Trade Private Limited (from June 22, 2026)
Auditor Information
The limited review was conducted by J A S S & Co. LLP (formerly Singrodia & Co. LLP), Chartered Accountants (FRN: W100280)
Meeting Details
The Board meeting commenced at 5:00 PM and concluded at 7:45 PM on November 04, 2026