Board Meeting Details

The Board of Directors meeting commenced at 12:00 Noon and concluded at 06:00 PM at the registered office of the Company.

Key Decisions Approved

1. Unaudited Financial Results: The Board approved the Unaudited Financial Results for the quarter and half year ended September 30, 2026, pursuant to Regulation 33 of Listing Regulations. The results were reviewed by the Audit Committee and Statutory Auditors issued an unqualified Limited Review Report.

2. Statement of Deviation or Variation: The Board took note of the Statement of Deviation or Variation under Regulation 32(1) for the quarter ended September 30, 2026.

3. Green Energy Business Opportunities: The Board discussed and considered exploring business opportunities in green energy, in line with the Main Objects of the Company's Memorandum of Association. This includes research, development, manufacturing and trading of green fuels (Green Hydrogen, Bio Fuel, Bio Diesel, Bio Ethanol) and setting up Solar/Hybrid based charging stations, either independently or through partnership/joint venture.

Financial Results Summary (Amount in ₹ Lacs)

Quarter Ended September 30, 2026:

  • Revenue from operations: ₹190.63
  • Other Income: ₹40.81
  • Total Revenue: ₹231.44
  • Total Expenses: ₹227.53
  • Profit Before Tax: ₹3.91 (compared to loss of ₹8.36 in Q2 FY26)
  • Current Tax: ₹0.98
  • Net Profit: ₹2.93 (compared to loss of ₹8.36 in Q2 FY26)
  • Total Comprehensive Income: (₹2.22)
  • Basic EPS: (₹0.01)

Half Year Ended September 30, 2026:

  • Revenue from operations: ₹461.48
  • Other Income: ₹51.52
  • Total Revenue: ₹513.00
  • Total Expenses: ₹505.28
  • Profit Before Tax: ₹7.72 (compared to loss of ₹27.12 in H1 FY26)
  • Current Tax: ₹1.94
  • Net Profit: ₹5.78 (compared to loss of ₹27.12 in H1 FY26)
  • Total Comprehensive Income: ₹3.35
  • Basic EPS: ₹0.01

Comparative Figures:

  • Q1 FY27 Net Profit: ₹2.85 lakh
  • Full Year FY26 Net Profit: ₹35.23 lakh
  • Paid-up equity share capital: ₹2,564.75 lakh (face value ₹10 per share)

Balance Sheet Position (as of September 30, 2026)

  • Total Assets: ₹4,255.32 lakh (vs ₹4,337.50 lakh as of March 31, 2026)
  • Non-current assets: ₹3,255.90 lakh (including Property, Plant & Equipment: ₹122.22 lakh, Capital Work-in-Progress: ₹3,098.25 lakh)
  • Current assets: ₹999.42 lakh (including Inventories: ₹19.86 lakh, Trade Receivables: ₹549.99 lakh)
  • Equity: ₹3,856.48 lakh
  • Liabilities: ₹398.84 lakh

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

  • Net Cash from Operating Activities: ₹84.64 lakh
  • Net Cash used in Investing Activities: (₹96.63) lakh
  • Net Cash used in Financing Activities: (₹56.36) lakh
  • Net decrease in Cash & Cash Equivalents: ₹68.35 lakh
  • Closing Cash & Cash Equivalents: (₹16.17) lakh

Segment-wise Performance

E.V. Sector & Others:

  • Q2 FY27 Revenue: ₹190.98 lakh, Segment Result: (₹25.07) lakh
  • H1 FY27 Revenue: ₹430.97 lakh, Segment Result: (₹20.48) lakh

Infrastructure Business:

  • Q2 FY27 Revenue: ₹30.51 lakh, Segment Result: ₹30.10 lakh
  • H1 FY27 Revenue: ₹30.51 lakh, Segment Result: ₹30.10 lakh

Fund Utilization Statement

No deviation or variation in utilization of funds raised through preferential issues. The company received ₹25.08 crore (75% conversion money) during quarter ended September 30, 2025, which has been fully utilized for working capital requirements as per original objects.

Additional Information

  • The financial results prepared in accordance with Indian Accounting Standards (Ind AS)
  • No investor complaints pending during the quarter
  • No qualifications in Limited Review Report by auditors
  • Previous quarter figures have been re-grouped/re-arranged where necessary
  • Trading window closed till 48 hours after declaration of financial results