Meeting Details

The Board meeting was held on 12th November, 2026, commencing at 10:00 A.M. and concluding at 11:00 A.M. The company had previously intimated about this meeting via letter dated 5th November, 2026.

Financial Results Overview (Quarter Ended 30.09.2026)

  • Revenue from operations: ₹0.00 lakh
  • Other income: ₹0.00 lakh
  • Total income: ₹0.00 lakh
  • Total expenses: ₹1.23 lakh
  • Employee benefit expense: ₹0.51 lakh
  • Depreciation and amortization: ₹0.02 lakh
  • Other expenses: ₹0.70 lakh
  • Profit before tax: Loss of ₹1.23 lakh
  • Tax expense: ₹0.00 lakh
  • Net profit after tax: Loss of ₹1.23 lakh
  • Total comprehensive income: Loss of ₹1.23 lakh
  • Earnings per share (basic and diluted): Loss of ₹0.002 per share (face value ₹10 each)

Half-Year Financial Performance (6 Months Ended 30.09.2026)

  • Revenue from operations: ₹0.00 lakh
  • Other income: ₹2.14 lakh
  • Total income: ₹2.14 lakh
  • Total expenses: ₹6.40 lakh
  • Employee benefit expense: ₹1.02 lakh
  • Depreciation and amortization: ₹0.02 lakh
  • Other expenses: ₹5.35 lakh
  • Profit before tax: Loss of ₹4.25 lakh
  • Tax expense: ₹0.00 lakh
  • Net profit after tax: Loss of ₹4.25 lakh
  • Total comprehensive income: Loss of ₹4.25 lakh
  • Earnings per share (basic and diluted): Loss of ₹0.01 per share

Comparative Performance

Previous Quarter (Q1 FY27 - Ended 30.06.2026):

  • Net loss of ₹3.03 lakh
  • Other income of ₹2.14 lakh

Corresponding Quarter (Q2 FY26 - Ended 30.09.2025):

  • Net loss of ₹2.71 lakh
  • Zero income from all sources

Previous Half-Year (H1 FY26 - Ended 30.09.2025):

  • Net loss of ₹44.92 lakh

Full Year FY26 (Ended 31.03.2026):

  • Net loss of ₹48.93 lakh

Capital Structure

  • Paid-up equity share capital: ₹747.81 lakh (face value ₹10 per share)
  • Other equity: Negative ₹792.82 lakh as of 30.09.2026 (was negative ₹788.57 lakh as of 31.03.2026)
  • Total equity: Negative ₹45.01 lakh as of 30.09.2026

Balance Sheet Position (as at 30 September 2026)

Assets:

  • Total assets: ₹0.50 lakh
  • Non-current assets: ₹0.02 lakh (Property, plant and equipment)
  • Current assets: ₹0.48 lakh (Cash and cash equivalents)

Liabilities:

  • Non-current borrowings: ₹20.01 lakh
  • Current liabilities: ₹25.49 lakh (Other current liabilities)
  • Total liabilities: ₹25.49 lakh

Cash Flow Statement (H1 FY27)

  • Net cash used in operating activities: ₹12.57 lakh
  • Net cash from investing activities: ₹0.42 lakh (from decrease in long-term loans & capital advances)
  • Net cash from financing activities: ₹12.50 lakh (from proceeds from borrowings)
  • Net increase in cash: ₹0.35 lakh
  • Cash and cash equivalents at end of period: ₹0.48 lakh

Auditor's Review

Pavuluri & Co., Chartered Accountants (Firm Reg No: 012194S), conducted a limited review of the interim financial results. Their report dated 12th November, 2026, states that nothing has come to their attention that causes them to believe that the statement contains any material misstatement. The review was conducted in accordance with Standard on Review Engagements (SRE) 2410 issued by ICAI.

Additional Notes

  • The company's business activity falls within a single primary business segment
  • Financial results prepared in accordance with Indian Accounting Standards (Ind-AS)
  • Previous period figures have been reclassified/regrouped where necessary
  • The statement includes required regulatory compliance with SEBI Listing Regulations