Summary of Key Information:

Reporting Period: Quarter and Half Year ended September 30, 2026

Nature of Filing / Announcement: Outcome of Board Meeting - Unaudited Financial Results

Audit Opinion:

Qualified Conclusion - The statutory auditors, M/s. ASKM & CO., issued a qualified review report emphasizing the resolution plan implementation status.

Key Financial Highlights [Rs in Lakhs]:

Standalone Results:

Quarter ended September 30, 2026:

  • Revenue from operations: Rs 696.80
  • Other income: Rs 3.86
  • Total Income: Rs 700.65
  • Total expenses: Rs 796.75
  • Loss before exceptional items & tax: Rs (96.10)
  • Exceptional items: Rs 16,626.69
  • Loss before tax: Rs (16,622.79)
  • Net loss after tax: Rs (16,622.79)
  • EPS: Rs (2.94) basic and diluted

Half Year ended September 30, 2026:

  • Revenue from operations: Rs 696.80
  • Other income: Rs 20.42
  • Total Income: Rs 717.21
  • Total expenses: Rs 895.42
  • Loss before exceptional items & tax: Rs (178.21)
  • Exceptional items: Rs 16,526.69
  • Loss before tax: Rs (16,704.90)
  • Net loss after tax: Rs (16,704.90)
  • EPS: Rs (2.95) basic and diluted

Comparative Figures (Half Year):

  • September 30, 2025: Net loss Rs (11,098.89)
  • March 31, 2026: Net loss Rs (13,346.90)

Consolidated Results:

Quarter ended September 30, 2026:

  • Revenue from operations: Rs 724.71
  • Other income: Rs 8.10
  • Total Income: Rs 732.81
  • Total expenses: Rs 833.19
  • Loss before exceptional items & tax: Rs (100.38)
  • Exceptional items: Rs 16,526.69
  • Loss before tax: Rs (16,627.07)
  • Net loss after tax: Rs (16,627.07)
  • EPS: Rs (2.94) basic and diluted

Half Year ended September 30, 2026:

  • Revenue from operations: Rs 730.80
  • Other income: Rs 24.66
  • Total Income: Rs 755.45
  • Total expenses: Rs 946.88
  • Loss before exceptional items & tax: Rs (191.41)
  • Exceptional items: Rs 16,526.69
  • Loss before tax: Rs (16,718.10)
  • Net loss after tax: Rs (16,718.10)
  • EPS: Rs (2.96) basic and diluted

Balance Sheet Position (Standalone as at September 30, 2026):

  • Property, Plant and Equipment: Rs 7,328.78
  • Financial Assets: Rs 3.00
  • Trade receivables: Rs 530.86
  • Cash and cash equivalents: Rs 25.66
  • Other current assets: Rs 745.42
  • Total Assets: Not specified in full
  • Equity Share Capital: Rs 5,654.46
  • Other Equity: Rs (283.50)

Cash Flow Statement (Standalone H1 Sep 2026):

  • Cash from Operating Activities: Rs 1,979.17
  • Cash from Investing Activities: Rs 99.35
  • Cash from Financing Activities: Rs (2,183.97)
  • Net decrease in cash: Rs (105.45)
  • Cash at beginning: Rs 131.11
  • Cash at end: Rs 25.66

Corporate Insolvency Resolution Process Background:

The company underwent CIRP until October 23, 2024. The Hon'ble NCLT approved the Resolution Plan through Order IA (IBC) (Plan) 17/2024 in CP(IB) No. 679/7/HDB/2018 dated October 23, 2024. Neueon Consol Private Limited was formed for implementation of the Resolution Plan. The new Board of Directors has been managing the company since November 6, 2024.

Subsidiary Information:

The company has three Indian wholly owned subsidiaries: Neueon Enterprises Limited, Neueon Power Limited, and Neueon Global Limited, plus one foreign subsidiary: Digitech Business Systems Limited.

Auditor Qualification on Consolidated Results:

The auditors could not review the interim financial information of the foreign subsidiary (Digitech Business Systems Limited). The company has continued the provision of Rs 13,993.47 lakhs originally recognized as at March 31, 2026, which continues to be carried as at September 30, 2026.

Other Significant Information:

  • The company operates in a single business segment and one geographical segment
  • Financials prepared on going concern basis
  • Figures regrouped and reclassified where necessary
  • Results available on company website: www.neueon.in