Key Quantitative Figures (Standalone)
Quarter Ended 30.09.2026 (Unaudited):
- Revenue from Operations: ₹0.00 lakh
- Other Income: ₹1.05 lakh
- Total Revenue: ₹1.05 lakh
- Total Expenses: ₹28.61 lakh
- Loss before Exceptional Items and Tax: ₹(27.57) lakh
- Exceptional Items: ₹0.00 lakh
- Loss before Tax: ₹(27.57) lakh
- Tax Expense: ₹15.92 lakh (Deferred Tax)
- Net Loss for the Quarter: ₹(43.49) lakh
- Earnings Per Share (Basic): ₹(0.17)
- Paid-up Equity Share Capital: ₹2,619.00 lakh
Half-Year Ended 30.09.2026 (Unaudited):
- Revenue from Operations: ₹605.00 lakh
- Other Income: ₹1.16 lakh
- Total Revenue: ₹606.16 lakh
- Total Expenses: ₹613.27 lakh
- Loss before Exceptional Items and Tax: ₹(7.11) lakh
- Exceptional Items: ₹650.00 lakh
- Loss before Tax: ₹(657.11) lakh
- Tax Expense: ₹15.92 lakh (Deferred Tax)
- Net Loss for the Half-Year: ₹(673.03) lakh
- Earnings Per Share (Basic): ₹(0.26)
Key Quantitative Figures (Consolidated)
Quarter Ended 30.09.2026 (Unaudited):
- Revenue from Operations: ₹2.66 lakh
- Other Income: ₹0.87 lakh
- Total Revenue: ₹3.53 lakh
- Total Expenses: ₹31.26 lakh
- Loss before Exceptional Items and Tax: ₹(27.74) lakh
- Exceptional Items: ₹0.00 lakh
- Loss before Tax: ₹(27.74) lakh
- Tax Expense: ₹16.16 lakh (Current Tax: ₹0.24 lakh, Deferred Tax: ₹15.92 lakh)
- Net Loss for the Quarter: ₹(43.90) lakh
- Earnings Per Share (Basic): ₹(0.17)
Half-Year Ended 30.09.2026 (Unaudited):
- Revenue from Operations: ₹610.34 lakh
- Other Income: ₹1.16 lakh
- Total Revenue: ₹611.50 lakh
- Total Expenses: ₹617.68 lakh
- Loss before Exceptional Items and Tax: ₹(6.18) lakh
- Exceptional Items: ₹650.00 lakh
- Loss before Tax: ₹(656.18) lakh
- Tax Expense: ₹16.16 lakh (Current Tax: ₹0.24 lakh, Deferred Tax: ₹15.92 lakh)
- Net Loss for the Half-Year: ₹(672.35) lakh
- Earnings Per Share (Basic): ₹(2.57)
Arbitration and Share Swap Transaction (Emphasis of Matter)
The auditor's report draws attention to a significant matter concerning Share Purchase Agreements (SPAs) with shareholders of Welldone Integrated Services Private Limited (WISPL) and Marvelous Vickyfoods Private Limited (MVPL).
- A share swap transaction from earlier years was terminated/cancelled based on legal opinion.
- Shares allotted under the swap (₹81.54 crore aggregate: ₹22.65 crore share capital + ₹58.89 crore securities premium) were forfeited and accounted for under "Forfeited Shares Reserve".
- The investment of ₹81.54 crore was derecognised from "Investments in Subsidiaries" and reclassified under "Other Current Assets" in FY ended 31 March 2026.
- Arbitration proceedings are pending as of the report date (14th November 2026), with interim status quo directions from the Arbitration Tribunal in force.
- The ultimate outcome and financial impact cannot be determined presently.
- Consequently, the standalone financials of WISPL and MVPL have not been consolidated.
Assets and Liabilities (Standalone as of 30.09.2026)
Total Assets: ₹11,136.17 lakh
- Non-Current Assets: ₹23.08 lakh
- Current Assets: ₹11,113.09 lakh (includes Inventories: ₹707.00 lakh, Trade Receivables: ₹540.00 lakh, Cash: ₹5.54 lakh, Other Financial Assets: ₹8,635.04 lakh)
Total Equity and Liabilities: ₹11,136.17 lakh
- Equity: ₹10,658.87 lakh (Share Capital: ₹4,884.00 lakh, Other Equity: ₹5,774.87 lakh)
- Non-Current Liabilities: ₹0.77 lakh
- Current Liabilities: ₹476.54 lakh (Borrowings: ₹332.21 lakh, Trade Payables: ₹6.69 lakh, Contract Liabilities: ₹80.00 lakh)
Cash Flow (Standalone - Half-Year Ended 30.09.2026)
- Net Cash Used in Operating Activities: ₹(26.33) lakh
- Net Cash from Investing Activities: ₹11.26 lakh
- Net Cash Used in Financing Activities: ₹(1.79) lakh
- Net Decrease in Cash: ₹(16.85) lakh
- Cash and Equivalents at period end: ₹5.54 lakh
Subsidiary Information
Golden Valley Treasure Park Private Limited (formerly Windfield Spaces Private Limited) is a subsidiary whose interim financial information was reviewed by another auditor. For the quarter ended 30 September 2026, it contributed:
- Total Revenues: ₹5.34 lakh
- Total Comprehensive Income/(Loss): ₹0.93 lakh
Other Disclosures
- The company has two reportable segments: Infrastructure & Real Estate, and Paper waste recycling.
- No investor complaints were received during the quarter.
- The board meeting commenced at 5:15 PM and concluded at 11:45 PM on 14th November 2026.