Key Quantitative Figures - Standalone (Quarter ended September 30, 2026)

  • Revenue from Operations: ₹192.38 Lakh
  • Other Income: ₹31.11 Lakh
  • Total Income: ₹223.47 Lakh
  • Total Expenses: ₹208.35 Lakh
  • Net Loss for the quarter: ₹15.12 Lakh
  • Earnings Per Share (EPS): ₹(2.40)
  • Other Comprehensive Loss (net of tax): ₹(1.35) Lakh
  • Total Comprehensive Loss for the quarter: ₹13.77 Lakh

Key Quantitative Figures - Standalone (Half Year ended September 30, 2026)

  • Revenue from Operations: ₹339.90 Lakh
  • Other Income: ₹62.59 Lakh
  • Total Income: ₹402.49 Lakh
  • Total Expenses: ₹375.82 Lakh
  • Net Loss for the half year: ₹26.67 Lakh
  • Earnings Per Share (EPS): ₹(4.27)
  • Other Comprehensive Loss (net of tax): ₹(2.70) Lakh
  • Total Comprehensive Loss for the half year: ₹23.97 Lakh

Key Quantitative Figures - Standalone (As of September 30, 2026)

  • Paid-up Equity Share Capital: ₹62.50 Lakh (Face value ₹10 each)
  • Other Equity: ₹(244.93) Lakh
  • Total Equity (Negative Net Worth): ₹(182.43) Lakh
  • Accumulated Losses: ₹469.93 Lakh
  • Total Assets: ₹609.42 Lakh
  • Total Liabilities: ₹791.85 Lakh

Key Quantitative Figures - Consolidated (Quarter ended September 30, 2026)

  • Net Loss for the quarter: ₹15.02 Lakh
  • Earnings Per Share (EPS): ₹(2.40)
  • Total Comprehensive Loss for the quarter: ₹13.67 Lakh

Key Quantitative Figures - Consolidated (Half Year ended September 30, 2026)

  • Net Loss for the half year: ₹26.47 Lakh
  • Earnings Per Share (EPS): ₹(4.24)
  • Total Comprehensive Loss for the half year: ₹23.77 Lakh

Key Quantitative Figures - Consolidated (As of September 30, 2026)

  • Other Equity: ₹(246.61) Lakh
  • Total Equity (Negative Net Worth): ₹(184.11) Lakh
  • Accumulated Losses: ₹472.80 Lakh

Subsidiary Information

The consolidated results include two subsidiaries:

1. Muller and Phipps (Industrial Services) Limited

2. Muller and Phipps Agencies Limited

Their standalone financial results, which were reviewed by management but not by their auditor or the group auditor, reflect total assets of ₹2.83 Lakh, total income of ₹0.02 Lakh (Q2) and ₹0.04 Lakh (YTD), net profit after tax of ₹0.10 Lakh (Q2) and ₹0.21 Lakh (YTD), and net cash flow of ₹0.01 Lakh (YTD).

Going Concern Assessment

The management has assessed the company's ability to continue as a going concern. As of September 30, 2026, the company has accumulated losses of ₹469.93 Lakh (Standalone) / ₹472.80 Lakh (Consolidated) and a negative net worth of ₹182.43 Lakh (Standalone) / ₹184.11 Lakh (Consolidated). The management believes it is appropriate to prepare the financial statements on a going concern basis. The auditors highlighted this matter in their review report but did not modify their conclusion.

Auditor's Review

The statutory auditors, Shankarlal Jain & Associates LLP, conducted a limited review of the results in accordance with SRE 2410. Based on their review, nothing came to their attention that causes them to believe the statement contains any material misstatement. The review provides moderate assurance, which is less than an audit.

Investor Complaints

There were no investor complaints pending at the beginning of the quarter, received during the quarter, disposed of during the quarter, or remaining unresolved at the end of the quarter.

Dates and Approvals

  • Board Meeting Date: November 12, 2026
  • Meeting Time: Commenced at 4:30 PM, concluded at an unspecified time.
  • Auditor's Report Date: November 12, 2026
  • The results were reviewed by the Audit Committee and approved by the Board of Directors.