Financial Results Overview

Quarter Ended September 30, 2026 (Q2 FY27):

  • Revenue from operations: ₹24.60 lakh
  • Total income: ₹24.60 lakh
  • Total expenses: ₹75.42 lakh
  • Loss before tax: ₹(50.81) lakh
  • Net loss after tax: ₹(50.81) lakh
  • Basic and diluted EPS: ₹(1.27)

Quarter Ended June 30, 2026 (Q1 FY27):

  • Revenue from operations: ₹78.92 lakh
  • Total income: ₹78.97 lakh
  • Net loss after tax: ₹(41.25) lakh
  • Basic and diluted EPS: ₹(1.03)

Quarter Ended September 30, 2025 (Q2 FY26):

  • Revenue from operations: ₹39.74 lakh
  • Total income: ₹39.81 lakh
  • Net loss after tax: ₹(81.20) lakh
  • Basic and diluted EPS: ₹(2.03)

Half Year Ended September 30, 2026 (H1 FY27):

  • Revenue from operations: ₹103.52 lakh
  • Total income: ₹103.57 lakh
  • Net loss after tax: ₹(92.06) lakh
  • Basic and diluted EPS: ₹(2.30)

Half Year Ended September 30, 2025 (H1 FY26):

  • Revenue from operations: ₹235.90 lakh
  • Total income: ₹236.10 lakh
  • Net loss after tax: ₹(86.78) lakh
  • Basic and diluted EPS: ₹(2.17)

Balance Sheet Position (as of September 30, 2026)

Assets (₹ in lakhs):

  • Total assets: ₹1,010.66
  • Non-current assets: ₹446.39 (Property, plant and equipment: ₹439.55, Capital work-in-progress: ₹6.04, Investments: ₹4.80)
  • Current assets: ₹564.27 (Inventories: ₹155.77, Trade receivables: ₹130.73, Cash and cash equivalents: ₹10.53, Bank balances: ₹32.98, Other current assets: ₹230.26)

Equity and Liabilities (₹ in lakhs):

  • Equity share capital: ₹400.00
  • Other equity: ₹(3,341.32)
  • Non-current liabilities: ₹3,918.12 (Borrowings)
  • Current liabilities: ₹33.86 (Trade payables: ₹24.08, Other financial liabilities: Not specified, Other current liabilities: ₹9.77)

Cash Flow Statement (H1 FY27)

  • Net cash used in operating activities: ₹(70.23) lakh
  • Net cash used in investing activities: ₹32.05 lakh
  • Net cash from financing activities: ₹34.84 lakh
  • Net decrease in cash and cash equivalents: ₹(3.33) lakh
  • Cash and cash equivalents at April 1, 2026: ₹13.86 lakh
  • Cash and cash equivalents at September 30, 2026: ₹10.53 lakh

Audit Review

SKSVM & Co, Chartered Accountants (Firm Registration No. 002045S) conducted a review of the interim financial information in accordance with Standard on Review Engagements (SRE) 2410. Their report dated November 13, 2026, states that nothing came to their attention that causes them to believe that the financial statements contain any material misstatement or fail to disclose information required by SEBI regulations.

Additional Information

  • The company has only one reportable business segment
  • Financial statements prepared in accordance with Indian Accounting Standards (Ind AS)
  • Previous year figures have been regrouped where necessary
  • Results were reviewed by the audit committee and approved by the Board of Directors