Reason for Revision

The company received a discrepancy notice from the stock exchange on October 23, 2026, regarding the cash flow statement for standalone results. The initial submission contained quarterly figures instead of the required half-yearly figures for the period ended September 2026.

Board Meeting Details

The Board of Directors meeting was held on Monday, October 19, 2026, commencing at 5:00 PM and concluding at 5:30 PM. The board approved the unaudited financial results for the quarter ended September 30, 2026, along with the Limited Review Report issued by the statutory auditors.

Financial Performance Highlights (Standalone, in Lakhs)

Quarterly Performance (Q2 FY27 vs Q2 FY26):

  • Revenue from operations: ₹0.00 (vs ₹40.06 in Q2 FY25)
  • Other Income: ₹0.00 (vs ₹6.14 in Q2 FY25)
  • Total Income: ₹0.00 (vs ₹46.20 in Q2 FY25)
  • Employee benefits expense: ₹1.36 (vs ₹1.46 in Q2 FY25)
  • Other expenses: ₹2.83 (vs ₹3.30 in Q2 FY25)
  • Total expenses: ₹4.20 (vs ₹4.78 in Q2 FY25)
  • Profit/(loss) before tax: (₹4.20) (vs ₹41.42 in Q2 FY25)
  • Tax expense: ₹0.00 (vs ₹10.77 in Q2 FY25)
  • Profit/(loss) for the period: (₹4.20) (vs ₹30.65 in Q2 FY25)
  • Earnings per equity share (basic & diluted): (₹0.00) (vs ₹0.03 in Q2 FY25)

Half-Yearly Performance (H1 FY27 vs H1 FY26):

  • Revenue from operations: ₹0.00 (vs ₹96.18 in H1 FY25)
  • Other Income: ₹2.17 (vs ₹9.16 in H1 FY25)
  • Total Income: ₹2.17 (vs ₹105.34 in H1 FY25)
  • Employee benefits expense: ₹2.20 (vs ₹2.91 in H1 FY25)
  • Other expenses: ₹291.54 (vs ₹7.33 in H1 FY25)
  • Total expenses: ₹293.76 (vs ₹10.29 in H1 FY25)
  • Profit/(loss) before tax: (₹291.59) (vs ₹95.06 in H1 FY25)
  • Tax expense: ₹0.00 (vs ₹24.27 in H1 FY25)
  • Profit/(loss) for the period: (₹291.59) (vs ₹70.79 in H1 FY25)
  • Earnings per equity share (basic & diluted): (₹0.32) (vs ₹0.08 in H1 FY25)

Full Year Reference (FY26 Audited):

  • Revenue from operations: ₹96.18
  • Other Income: ₹13.24
  • Total Income: ₹109.42
  • Profit/(loss) for the period: ₹54.17
  • Earnings per equity share (basic & diluted): ₹0.06

Balance Sheet Position (Standalone, as of September 30, 2026)

  • Share Capital: ₹90,003,000 (unchanged from March 31, 2026)
  • Reserves and Surplus: (₹85,777,180) (vs (₹52,277,328) as of March 31, 2026)
  • Shareholders' Fund: ₹4,225,820 (vs ₹37,725,672 as of March 31, 2026)
  • Non-Current Liabilities (Long Term Borrowings): ₹11,370,000 (vs ₹0 as of March 31, 2026)
  • Current Liabilities: ₹2,459,085 (vs ₹6,115,339 as of March 31, 2026)
  • Total Equity and Liabilities: ₹18,054,905 (vs ₹43,841,011 as of March 31, 2026)
  • Non-Current Assets: ₹17,776,888 (vs ₹36,827,971 as of March 31, 2026)
  • Current Assets: ₹278,017 (vs ₹7,013,040 as of March 31, 2026)
  • Cash and Cash equivalents: ₹266,278 (vs ₹2,591,151 as of March 31, 2026)
  • Total Assets: ₹18,054,905 (vs ₹43,841,011 as of March 31, 2026)

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

  • Net cash flow from Operating activities: (₹305.67)
  • Net cash flow from Investing activities: ₹13.24
  • Net cash flow from Financing activities: ₹269.18
  • Net change in cash and cash equivalents: (₹23.25)
  • Opening cash balance: ₹25.91
  • Closing cash balance: ₹2.66

Limited Review Report

Nirav S. Shah & Co., Chartered Accountants (FRN: 130244w), issued a limited review report dated October 19, 2026. The report states that based on their review, nothing has come to their notice that causes them to believe that the unaudited financial results contain any material misstatement or fail to disclose information required under Regulation 33 of SEBI LODR Regulations.

Investor Complaints

No investor complaints were pending at the beginning of the quarter, received during the quarter, disposed of during the quarter, or lying unresolved at the end of the quarter ended September 30, 2026.