Board Meeting Details

The Board of Directors meeting was held on Monday, 19th October, 2026, commencing at 05:00 PM and concluding at 05:30 PM. The Board approved the unaudited financial results for the quarter ended 30th September, 2026 along with the Limited Review Report issued by the Statutory Auditors.

Financial Results Summary (Quarter Ended 30/09/2026)

  • Revenue from operations: ₹0.00 lakh
  • Other income: ₹0.00 lakh
  • Total income: ₹0.00 lakh
  • Total expenses: ₹4.20 lakh
  • Employee benefits expense: ₹1.36 lakh
  • Depreciation and amortization expenses: ₹0.01 lakh
  • Other expenses: ₹2.83 lakh
  • Profit/(loss) before tax: ₹(4.20) lakh
  • Tax expense: ₹0.00 lakh
  • Profit/(loss) for the period: ₹(4.20) lakh
  • Total comprehensive income: ₹(4.20) lakh
  • Basic and diluted earnings per share: (₹0.00)

Comparative Financial Performance

Quarterly Comparison:

  • Q2 FY2026 (30/09/2026): Net loss of ₹4.20 lakh
  • Q1 FY2026 (30/06/2026): Net loss of ₹287.39 lakh
  • Q2 FY2025 (30/09/2025): Net profit of ₹30.65 lakh

Half-Yearly Performance (Six Months Ended 30/09/2026):

  • Total income: ₹2.17 lakh
  • Profit/(loss) before tax: ₹(291.59) lakh
  • Profit/(loss) for the period: ₹(291.59) lakh

Annual Comparison (FY2026 ended 31/03/2026):

  • Total income: ₹109.42 lakh
  • Profit for the year: ₹54.17 lakh

Balance Sheet Position (as at 30/09/2026)

  • Share capital: ₹90,003,000
  • Reserves and surplus: ₹(85,777,180)
  • Shareholders' fund: ₹4,225,820
  • Non-current liabilities: ₹11,370,000
  • Current liabilities: ₹2,459,085
  • Total equity and liabilities: ₹18,054,905
  • Non-current assets: ₹17,776,888
  • Current assets: ₹278,017
  • Cash and cash equivalents: ₹266,278
  • Total assets: ₹18,054,905

Cash Flow Statement (Quarter Ended 30/09/2026)

  • Cash flow from operating activities: ₹1.22 lakh
  • Cash flow from investing activities: ₹0.00 lakh
  • Cash flow from financing activities: ₹5.00 lakh
  • Net change in cash and cash equivalents: ₹6.22 lakh
  • Opening cash balance: ₹(3.56) lakh
  • Closing cash balance: ₹2.66 lakh

Auditor Review

The auditors, Nirav S. Shah & Co. (FRN: 130244w), conducted a limited review of the financial results and issued a report dated 19/10/2026 stating that nothing has come to their notice that causes them to believe that the accompanying statement contains any material misstatement.

Investor Complaints

  • Pending at beginning of quarter: 0
  • Received during quarter: 0
  • Disposed off during quarter: 0
  • Unresolved at end of quarter: 0

Additional Information

  • Previous year/period figures have been regrouped/rearranged to the extent necessary
  • The results have been reviewed by the Audit Committee and taken on record by the Board of Directors
  • Company CIN: L65910GJ1995PLC025904