Board Meeting Details
The Board of Directors meeting was held on November 02, 2026, commencing at 11:00 AM and concluding at 1:30 PM. The board considered and approved the unaudited financial results for the quarter and half year ended September 30, 2026.
Financial Results - Quarter Ended September 30, 2026
- Total Income: ₹3.33 lakh (comprising Interest Income of ₹3.33 lakh, with no Dividend Income or Other Incomes)
- Total Expenses: ₹4.76 lakh (Employee Benefit Expenses: ₹3.15 lakh, Other Expenses: ₹1.61 lakh, no Finance Expenses)
- Profit before Tax: Loss of ₹1.43 lakh
- Tax Expense: ₹0.00
- Profit after Tax: Loss of ₹1.43 lakh
- Earnings per Share (Basic and Diluted): Loss of ₹0.29 per share
Financial Results - Half Year Ended September 30, 2026
- Total Income: ₹6.62 lakh (Interest Income: ₹6.62 lakh)
- Total Expenses: ₹9.13 lakh (Employee Benefit Expenses: ₹6.30 lakh, Other Expenses: ₹2.83 lakh)
- Profit before Tax: Loss of ₹2.50 lakh
- Tax Expense: ₹0.00
- Profit after Tax: Loss of ₹2.50 lakh
- Earnings per Share (Basic and Diluted): Loss of ₹0.50 per share
Comparative Figures
Quarter Comparison (Q2 FY2027 vs Q2 FY2026):
- Interest Income decreased from ₹3.92 lakh to ₹3.33 lakh
- Employee Benefit Expenses increased from ₹2.73 lakh to ₹3.15 lakh
- Other Expenses decreased from ₹2.67 lakh to ₹1.61 lakh
- Net loss improved from ₹1.49 lakh to ₹1.43 lakh
Half Year Comparison (H1 FY2027 vs H1 FY2026):
- Interest Income decreased from ₹7.54 lakh to ₹6.62 lakh
- Employee Benefit Expenses increased from ₹5.44 lakh to ₹6.30 lakh
- Other Expenses decreased from ₹4.30 lakh to ₹2.83 lakh
- Net loss increased from ₹2.20 lakh to ₹2.50 lakh
Statement of Assets and Liabilities as at September 30, 2026
Assets:
- Financial Assets: ₹275.85 lakh (Cash & Cash Equivalents: ₹2.81 lakh, Loans: ₹181.00 lakh, Investments: ₹86.08 lakh, Other financial assets: ₹5.96 lakh)
- Non-financial Assets: ₹5.28 lakh (Current tax assets: ₹2.06 lakh, Other non-financial assets: ₹2.22 lakh)
- Total Assets: ₹281.13 lakh
Liabilities & Equity:
- Financial Liabilities: ₹1.58 lakh (Other financial liabilities)
- Non-financial Liabilities: ₹9.21 lakh (Provisions: ₹0.45 lakh, Deferred tax liabilities: ₹8.76 lakh, Other non-financial liabilities: ₹0.00)
- Total Liabilities: ₹10.79 lakh
- Equity: ₹269.34 lakh (Equity Share Capital: ₹50.00 lakh, Other Equity: ₹219.34 lakh)
- Total Liabilities and Equity: ₹280.13 lakh
Cash Flow Statement for Half Year Ended September 30, 2026
- Profit before tax: Loss of ₹2.50 lakh
- Adjustments for working capital: Decrease in financial assets: ₹4.78 lakh, Increase in financial liability: ₹-0.10 lakh
- Cash used in operating activities post working capital changes: ₹2.17 lakh
- Income tax paid (net): ₹-0.66 lakh
- Net cash inflow from operating activities: ₹1.51 lakh
- Net cash inflow from investing activities: ₹0.00
- Net increase in cash and cash equivalents: ₹1.51 lakh
- Cash and cash equivalents at beginning: ₹0.20 lakh
- Cash and cash equivalents at end: ₹1.71 lakh
Capital Structure
- Paid-up equity share capital: ₹50.00 lakh (Face value: ₹10 per share)
- Reserves excluding revaluation reserve: ₹219.34 lakh (previous year: ₹221.85 lakh)
Regulatory Compliance and Notes
- Financial results reviewed by Audit Committee and approved by Board of Directors
- Results prepared in accordance with Indian Accounting Standards 34 (Ind AS-34)
- Compliance with SEBI Listing Regulations and relevant circulars
- Limited Review Report issued by M/s K R Aggarwal & Associates, Chartered Accountants (FRN: 030088N)
- Extract of results published in newspapers as required under Regulation 47
- Financial results include provision for standard assets as per RBI guidelines
- Previous period figures have been re-grouped/recasted for comparability
- Impact of IND AS on fair value of unlisted shares calculated on yearly basis
Auditor's Limited Review Report
K R Aggarwal & Associates conducted review in accordance with Standard on Review Engagement (SRE) 2410. Based on their review, nothing has come to their attention that causes them to believe that the statement contains any material misstatement or has not disclosed required information under Regulation 33 of SEBI Listing Regulations.