The Board considered and took on record:

  • Unaudited Financial Results for the quarter and half year ended September 30, 2026
  • Limited Review Report from Statutory Auditors on the Unaudited Financial Results for the same period

Financial Performance Highlights (Quarter Ended September 30, 2026)

  • Revenue from operations: ₹141.90 lakh (compared to ₹270.77 lakh in Q2 FY26)
  • Other income: ₹1.43 lakh
  • Total income: ₹143.33 lakh
  • Total expenses: ₹147.36 lakh
  • Profit before exceptional items and tax: (₹4.03) lakh loss
  • Exceptional items (Gain on Sale of Property, Plant and Equipment): ₹23.46 lakh
  • Profit before tax: ₹19.43 lakh
  • Tax expense: ₹6.64 lakh (current tax)
  • Profit for the period: ₹12.79 lakh (compared to ₹2.02 lakh in Q2 FY26)
  • Earnings per share (EPS): ₹5.33 (basic & diluted)

Financial Performance Highlights (Half Year Ended September 30, 2026)

  • Revenue from operations: ₹328.19 lakh (compared to ₹541.45 lakh in H1 FY26)
  • Other income: ₹2.97 lakh
  • Total income: ₹331.16 lakh
  • Total expenses: ₹333.61 lakh
  • Profit before exceptional items and tax: (₹2.45) lakh loss
  • Exceptional items: ₹23.46 lakh
  • Profit before tax: ₹21.01 lakh
  • Tax expense: ₹6.64 lakh (current tax)
  • Profit for the period: ₹14.37 lakh (compared to ₹28.06 lakh in H1 FY26)
  • Earnings per share (EPS): ₹5.99 (basic & diluted)

Balance Sheet Position (as at September 30, 2026)

  • Total assets: ₹456.25 lakh (compared to ₹514.15 lakh as at March 31, 2026)
  • Property, Plant and Equipment: ₹5.72 lakh
  • Inventories: ₹144.11 lakh
  • Trade receivables: ₹77.27 lakh
  • Cash and cash equivalents: ₹180.54 lakh
  • Asset held-for-sale: ₹15.65 lakh
  • Total equity: ₹415.90 lakh
  • Equity share capital: ₹24.00 lakh
  • Other equity: ₹391.90 lakh

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

  • Net cash flow from operating activities: ₹82.10 lakh
  • Net cash flow from investing activities: ₹43.22 lakh
  • Net cash flow from financing activities: (₹35.46) lakh
  • Net increase in cash and cash equivalents: ₹89.86 lakh
  • Cash and cash equivalents at period end: ₹180.54 lakh

Key Notes and Disclosures

  • The financial results comply with Indian Accounting Standards (Ind AS)
  • Results reviewed by Audit Committee and approved by Board of Directors
  • Statutory auditors (Chhajed & Doshi, Firm Regn. No. 101794W) conducted limited review
  • Company operates in single segment: trading of Electrical & Electronic Measuring Instruments
  • Deferred tax assets not recognized as matter of prudence
  • Figures for quarters are balancing amounts between six-month and previous quarter results
  • Comparative figures have been restated/regrouped for comparability

Auditor's Review

Statutory auditors issued an unmodified limited review report stating that based on their review, nothing has come to their attention that causes them to believe that the financial results:

  • Have not disclosed information required under Regulation 33 of SEBI LODR Regulations
  • Contain any material misstatement

The review was conducted in accordance with Standard on Review Engagements (SRE 2410) issued by ICAI.