Key Financial Results (₹ in lakhs)

Quarter Ended September 30, 2026 (Q2 FY27):

  • Revenue from Operations: ₹15.00
  • Total Income: ₹15.00
  • Total Expenses: ₹8.26
  • Employee benefits expenses: ₹2.55
  • Finance costs: ₹3.47
  • Depreciation: ₹0.02
  • Other expenses: ₹2.23
  • Profit before tax: ₹6.74
  • Net profit for the period: ₹6.74
  • Basic & Diluted EPS: ₹0.14

Quarter Ended September 30, 2025 (Q2 FY26):

  • Revenue from Operations: ₹5.33
  • Total Income: ₹5.33
  • Total Expenses: ₹12.19
  • Loss before tax: (₹6.86)
  • Net loss for the period: (₹6.86)
  • Basic & Diluted EPS: (₹0.15)

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

  • Revenue from Operations: ₹60.00
  • Total Income: ₹60.00
  • Total Expenses: ₹19.43
  • Profit before tax: ₹40.57
  • Net profit for the period: ₹40.57
  • Basic & Diluted EPS: ₹0.86

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

  • Revenue from Operations: ₹5.33
  • Total Income: ₹5.33
  • Total Expenses: ₹19.49
  • Loss before tax: (₹14.16)
  • Net loss for the period: (₹14.16)
  • Basic & Diluted EPS: (₹0.30)

Year Ended March 31, 2026 (FY26):

  • Revenue from Operations: ₹8.95
  • Other Income: ₹1.59
  • Total Income: ₹10.54
  • Total Expenses: ₹40.08
  • Loss before tax: (₹29.54)
  • Net loss for the period: (₹29.54)
  • Basic & Diluted EPS: (₹0.63)

Statement of Assets and Liabilities (₹ in lakhs)

As at September 30, 2026:

  • Total Assets: ₹76.76
  • Trade Receivables: ₹74.60
  • Cash and Cash equivalents: ₹1.43
  • Other current assets: ₹0.73
  • Total Equity and Liabilities: ₹76.76
  • Equity Share Capital: ₹470.00
  • Other Equity: (₹518.60)
  • Total Equity: (₹48.60)
  • Non-current borrowings: ₹70.73
  • Short-term borrowings: ₹32.15
  • Trade payables: ₹4.18 (₹0.54 to MSMEs, ₹3.64 to others)
  • Other financial liabilities: ₹13.20
  • Other current liabilities: ₹5.10

As at March 31, 2026:

  • Total Assets: ₹11.96
  • Total Equity and Liabilities: ₹11.96

Cash Flow Statement (H1 FY27, ₹ in lakhs)

  • Cash flow from operating activities: (₹10.70)
  • Cash flow from financing activities: ₹10.37 (Proceeds from short-term borrowings: ₹17.04; Financial charges: ₹6.67)
  • Net decrease in cash: (₹0.32)
  • Cash and equivalents at period start: ₹1.76
  • Cash and equivalents at period end: ₹1.43

Segment Reporting (H1 FY27, ₹ in lakhs)

The company has three reportable segments:

1. Trading in Fabric Items: Revenue ₹0.00; Segment Results ₹0.00; Assets ₹3.80

2. Trading in Plastic Products: Revenue ₹0.00; Segment Results ₹0.16; Assets ₹6.29

3. Service Income: Revenue ₹60.00; Segment Results ₹60.00; Assets ₹70.80

Material Events and Notes

1. Open Offer: The promoter entered into a Share Purchase Agreement on August 05, 2026, with Mr. Uday Narang to sell its entire holding of 542,925 shares (11.55%). An open offer for up to 1,222,000 shares (26%) at ₹12 per share was announced, subject to approvals.

2. Capital Reduction: Shareholders approved a capital reduction via a special resolution at an EGM on April 24, 2026. The proposal is to reduce capital from ₹470.00 lakh (4,700,000 shares) to ₹23.50 lakh (235,000 shares) by setting off ₹446.50 lakh of accumulated losses. A petition (CP-114/ND/2026) is pending before the NCLT, New Delhi Bench, with a hearing scheduled for December 01, 2026. No accounting effect has been given in these statements.

3. Taxation: No provision for taxation has been made due to brought forward business losses under the Income Tax Act.

4. Audit Review: The results were reviewed by the Audit Committee and approved by the Board. The statutory auditors, M/s V.R. Bansal & Associates, have issued an unmodified limited review report.

Compliance

In compliance with Regulation 47 of the SEBI Listing Regulations, arrangements are being made for the publication of the financial results in newspapers.