Key Quantitative Figures - Standalone (Rs. in Lakhs)
Quarterly Performance (Q2 FY2026)
- Revenue from Operations (Gross): ₹18.00
- Other Income: ₹18.32
- Total Revenue: ₹18.32
- Total Expenses: ₹11.74
- Employee Benefits Expense: ₹2.19
- Financial Cost: ₹0.01
- Depreciation: ₹0.34
- Other Expenses: ₹9.21
- Profit Before Tax: ₹6.57
- Profit for the Period: ₹6.57
- Earnings Per Share (Basic): ₹0.03
- Earnings Per Share (Diluted): ₹0.03
Half-Yearly Performance (H1 FY2026)
- Revenue from Operations (Gross): ₹18.00
- Other Income: ₹29.53
- Total Revenue: ₹47.53
- Total Expenses: ₹41.18
- Profit Before Tax: ₹6.36
- Profit for the Period: ₹6.36
- Earnings Per Share (Basic): ₹0.03
- Earnings Per Share (Diluted): ₹0.03
Comparative Figures (Previous Periods)
- Q2 FY2025 Profit: ₹30.73 lakh
- H1 FY2025 Profit: ₹61.84 lakh
- FY2026 (Audited) Profit: ₹70.10 lakh
Key Quantitative Figures - Consolidated (Rs. in Lakhs)
Quarterly Performance (Q2 FY2026)
- Revenue from Operations (Gross): ₹26.10
- Other Income: ₹30.91
- Total Revenue: ₹57.01
- Total Expenses: ₹353.64
- Employee Benefits Expense: ₹97.14
- Financial Cost: ₹6.46
- Depreciation and Amortisation: ₹181.94
- Other Expenses: ₹68.11
- Loss Before Tax: ₹(296.70)
- Loss for the Period: ₹(287.85)
- Earnings Per Share (Basic): ₹(1.31)
- Earnings Per Share (Diluted): ₹(1.31)
Half-Yearly Performance (H1 FY2026)
- Revenue from Operations (Gross): ₹83.37
- Other Income: ₹31.43
- Total Revenue: ₹114.80
- Total Expenses: ₹455.79
- Loss Before Tax: ₹(341.06)
- Loss for the Period: ₹(341.06)
- Earnings Per Share (Basic): ₹(1.55)
- Earnings Per Share (Diluted): ₹(1.55)
Comparative Figures (Previous Periods)
- Q2 FY2025 Profit: ₹34.81 lakh
- H1 FY2025 Profit: ₹68.16 lakh
- FY2026 (Audited) Profit: ₹100.54 lakh
Capital Structure Impact
- Paid-Up Equity Share Capital: ₹2,199.50 lakh (21,995,000 shares of ₹10.00 face value) for both standalone and consolidated. This remained unchanged from the previous quarter and the audited FY2026 figures.
- Other Equity (Standalone): ₹2,766.49 lakh as of 30.09.2026, compared to ₹2,760.13 lakh as of 31.03.2026.
- Other Equity (Consolidated): ₹2,547.46 lakh as of 30.09.2026, compared to ₹2,860.01 lakh as of 31.03.2026.
Significant Operational Update
During the quarter ended 30th September 2026, the Company capitalized three software modules amounting to ₹1,127.23 lakhs, transferred from Capital Work-in-Progress (CWIP) to Intangible Assets with effect from 1st July 2026. This was based on certification provided by an independent engineer. Consequently, depreciation/amortization amounting to ₹179.45 lakhs has been charged to the Consolidated Statement of Profit and Loss for the quarter.
Assets and Liabilities Position (Rs. in Lakhs)
Standalone (as at 30.09.2026)
- Total Assets: ₹5,021.71
- Non-Current Assets: ₹1,327.00 (Includes Investments: ₹1,314.69)
- Current Assets: ₹3,694.71 (Includes Loans & Advances: ₹3,661.86; Cash: ₹4.04)
- Total Equity: ₹4,965.99
- Total Liabilities: ₹55.72
Consolidated (as at 30.09.2026)
- Total Assets: ₹5,315.66
- Non-Current Assets: ₹4,028.02 (Includes CWIP: ₹3,048.01; Intangible Assets: ₹947.96)
- Current Assets: ₹1,287.64
- Total Equity: ₹4,746.96
- Total Liabilities: ₹568.70
Cash Flow Statements (H1 FY2026)
Standalone Cash Flow
- Net Cash from Operating Activities: ₹(454.49)
- Net Cash from Investing Activities: ₹452.56
- Net Cash from Financing Activities: ₹0.00
- Net Decrease in Cash: ₹(1.93)
Consolidated Cash Flow
- Net Cash from Operating Activities: ₹(256.29)
- Net Cash from Investing Activities: ₹278.84
- Net Cash from Financing Activities: ₹(19.63)
- Net Increase in Cash: ₹2.92
Parties and Regulatory References
- Statutory Auditor: Bhuwania & Agrawal Associates, Chartered Accountants (Firm Reg. No. 101483W)
- Managing Director & CFO: Sandeep Dsilva (DIN: 09040813)
- Audit Partner: Shubham Bhuwania (Membership No.: 171789)
- SEBI Regulation: This disclosure is made under Regulation 30 and 33 of the SEBI (LODR) Regulations, 2015.
Notes and Qualifications
1. The results are prepared in accordance with Ind AS 34 'Interim Financial Reporting'.
2. The company operates in one reportable business segment as per Ind AS 108.
3. The company's name was changed from Jyothi Infraventures Limited to Mizzen Ventures Limited, approved by the ROC on 17th October 2024.
4. Figures for the quarter are balancing figures between unaudited half-year financials and unaudited year-to-date figures up to the previous quarter.
5. Previous year/period figures have been re-grouped/re-classified for comparison.