Financial Performance (Standalone)

Quarter Ended September 30, 2026 (Unaudited):

  • Total Revenue: ₹55.01 lakh (consisting of Revenue from Operations: ₹54.32 lakh + Other Income: ₹0.69 lakh)
  • Total Expenses: ₹183.91 lakh
  • Loss before exceptional items and tax: ₹(128.90) lakh
  • Exceptional Items: ₹(128.00) lakh
  • Loss before tax: ₹(128.00) lakh
  • Tax Expense (Deferred Tax): ₹(11.99) lakh
  • Net Loss for the period: ₹(116.01) lakh
  • Other Comprehensive Income: ₹0.04 lakh
  • Total Comprehensive Income: ₹(115.97) lakh
  • Basic EPS: ₹(0.08)
  • Diluted EPS: ₹(0.08)

Comparative Figures (Quarter Ended September 30, 2025 - Unaudited):

  • Total Revenue: ₹404.04 lakh
  • Net Loss for the period: ₹(96.61) lakh
  • Basic EPS: ₹(0.07)
  • Diluted EPS: ₹(0.07)

Half Year Ended September 30, 2026 (Unaudited):

  • Total Revenue: ₹671.70 lakh
  • Net Loss for the period: ₹(126.61) lakh
  • Basic EPS: ₹(0.17)
  • Diluted EPS: ₹(0.17)

Balance Sheet Highlights (as of September 30, 2026)

  • Total Assets: ₹13,692.40 lakh
  • Equity Share Capital: ₹1,193.28 lakh (Face Value: Re. 1/-)
  • Other Equity: ₹10,529.74 lakh
  • Total Equity: ₹11,723.02 lakh
  • Current Liabilities: ₹1,862.29 lakh

Cash Flow Statement (Half Year Ended September 30, 2026)

  • Net Cash from Operating Activities: ₹7.84 lakh
  • Net Cash from Investing Activities: ₹40.34 lakh
  • Net Cash from Financing Activities: ₹(56.52) lakh
  • Net Decrease in Cash: ₹(50.63) lakh
  • Closing Cash Equivalents: ₹4.17 lakh

Key Notes and Disclosures

1. The financial results were reviewed by the Audit Committee and approved by the Board on October 12, 2026.

2. Results prepared in accordance with Indian Accounting Standards (Ind AS) and SEBI regulations.

3. The company operates in a single business segment (manufacturing and sale of textile products - yarns and fabrics).

4. Hon'ble NCLT Chandigarh pronounced the final order of merger & amalgamation with Shiva Texfabs Limited on September 16, 2026.

5. Figures for quarters are balancing figures between half-year and previous quarter results.

6. The company extended the redemption period of 780,000 4% Non-Cumulative Redeemable Preference Shares (face value ₹100 each) from August 31, 2026, to August 31, 2027, following approval by preference shareholders via special resolution at EGM held on August 24, 2026. These shares are now classified as current liabilities.

7. Previous period figures have been regrouped/reclassified where necessary.

Auditor's Review

Manjul Mittal & Associates (FRN: 028039N) issued a limited review report confirming the financial results comply with Ind AS 34 and SEBI LODR requirements. The report included emphasis of matter paragraphs regarding the NCLT merger order and preference share redemption extension.