Promax Power Limited held a board meeting on 14 November 2026 at its registered office in Chandigarh. The meeting commenced at 4:00 PM and concluded at 4:45 PM.

The Board of Directors considered and approved the following items:

1. Unaudited Financial Results of the Company for the half year ended on September 30, 2026

2. Statutory Auditors' Limited Review Report on Unaudited Financial Results for the half year ended on September 30, 2026

Financial Performance Highlights (Half Year Ended 30 September 2026)

  • Revenue from operations: ₹3,181.54 lakh (Unaudited)
  • Other Income: ₹50.09 lakh (Unaudited)
  • Total Revenue: ₹3,231.63 lakh (Unaudited)
  • Total Expenses: ₹3,205.30 lakh (Unaudited)
  • Profit before tax: ₹26.33 lakh (Unaudited)
  • Tax expense:
  • Current tax: ₹6.58 lakh
  • Deferred tax: ₹0.31 lakh
  • Net profit for the period: ₹19.44 lakh (Unaudited)
  • Earnings per equity share:
  • Basic: ₹0.08
  • Diluted: ₹0.08

Comparative Financial Performance

Half Year Ended 30 September 2026 vs Previous Periods (₹ in lakhs):

  • Revenue from operations: ₹3,181.54 (H1 FY26) vs ₹3,632.70 (H1 FY25)
  • Net profit: ₹19.44 (H1 FY26) vs ₹135.85 (H1 FY25)
  • Profit before tax: ₹26.33 (H1 FY26) vs ₹180.03 (H1 FY25)

Balance Sheet Position as on 30 September 2026

  • Share Capital: ₹2,500.00 lakh (unchanged from 31 March 2026)
  • Reserves & Surplus: ₹609.85 lakh (increased from ₹590.40 lakh)
  • Long Term Borrowings: ₹677.81 lakh (increased from ₹406.97 lakh)
  • Short-term Borrowings: ₹2,682.85 lakh (increased from ₹2,582.93 lakh)
  • Total Assets/Liabilities: ₹6,914.85 lakh (increased from ₹6,609.26 lakh)

Cash Flow Statement for Half Year Ended 30 September 2026

  • Net cash flow from operating activities: (₹205.22) lakh
  • Net cash flow from investing activities: ₹16.26 lakh
  • Net cash flow from financing activities: ₹232.63 lakh
  • Net increase in cash & cash equivalents: ₹43.68 lakh
  • Cash & cash equivalents as at 30 September 2026: ₹623.87 lakh

Regulatory Compliance and Notes

  • The financial results have been reviewed by the Audit Committee and approved by the Board of Directors
  • Prepared in accordance with Companies (Accounting Standards) Rules, 2006 as amended
  • The company doesn't have more than one reportable segment
  • Previous year/period figures have been regrouped/classified wherever necessary
  • Equity shares are listed on the SME Platform
  • Results will be published on the company's website (www.promax.co.in) and BSE website

Auditor's Review Report

Manish Jain & Associates, Chartered Accountants (FRN: 015608N), issued an independent review report confirming:

  • The financial results were prepared in accordance with AS 25 prescribed under Section 133 of the Companies Act, 2013
  • The review was conducted in accordance with SRE 2410 issued by ICAI
  • Nothing came to their attention that causes them to believe the statement contains any material misstatement
  • The statement complies with Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

The report was signed by CA Neeraj Diwan (Partner, M. No. 514575) on 14 November 2026.