Financial Results for Q2 and H1 FY2026-27
Quarter Ended September 30, 2026:
- Revenue from operations: ₹3.193 lakh
- Total income: ₹255.762 lakh
- Total expenses: ₹851.796 lakh
- Loss before tax: ₹(596.035) lakh
- Net loss: ₹(550.959) lakh
- Basic EPS: ₹(0.039)
Half Year Ended September 30, 2026:
- Revenue from operations: ₹154.968 lakh
- Total income: ₹657.536 lakh
- Total expenses: ₹1,080.687 lakh
- Loss before tax: ₹(423.151) lakh
- Net loss: ₹(422.901) lakh
- Basic EPS: ₹(0.030)
Key Financial Components:
- Interest income: ₹0.821 lakh (Q2), ₹141.956 lakh (H1)
- Dividend income: ₹2.372 lakh (Q2), ₹4.784 lakh (H1)
- Impairment on financial instruments: ₹492.838 lakh (Q2), ₹492.838 lakh (H1)
- Employee benefits expense: ₹5.196 lakh (Q2), ₹11.648 lakh (H1)
- Business referral commission: ₹230.105 lakh (Q2), ₹413.156 lakh (H1)
Balance Sheet Position (as of September 30, 2026):
- Total assets: ₹7,188.851 lakh
- Loans: ₹6,214.924 lakh
- Cash and cash equivalents: ₹3.956 lakh
- Equity share capital: ₹14,251.299 lakh
- Other equity: ₹(7,249.295) lakh
Corporate Appointment
The Board approved the appointment of Mr. Vishal Manharlal Shah (DIN: 11155812) as an Additional Director in the category of Non-Executive Independent Director effective November 6, 2026, for a five-year term. The appointment is subject to shareholder approval at the ensuing General Meeting.
Mr. Shah is a practicing Cost Accountant with expertise in cost and management accounting, corporate costing, statutory cost audits, and financial analysis. He is not related to any existing director of the company and has not been debarred from holding director office by any authority.
AGM Extension Proposal
The Board approved filing an application with the Registrar of Companies under Section 96 of the Companies Act, 2013, seeking a one-month extension for holding the 43rd Annual General Meeting for the financial year 2025-26.
Meeting Details
The board meeting commenced at 12:45 PM IST and concluded at 2:05 PM IST on November 6, 2026.
Auditor Review
The unaudited financial results were reviewed by Arun Ratnawat & Associates, Chartered Accountants, who issued a limited review report stating nothing came to their attention suggesting material misstatement.