Board Meeting Details

The Board of Directors meeting was held on 28 October 2026. The meeting commenced at 1530 hours IST and concluded at 1630 hours IST. The Board considered and approved the Unaudited Standalone Financial Results for the quarter and half year ended 30 September 2026.

Financial Results Overview (Quarter Ended 30 September 2026)

  • Revenue from operations: ₹767 lakhs (compared to ₹613 lakhs in Q2 FY26)
  • Other Income: ₹2,035 lakhs (compared to ₹2,143 lakhs in Q2 FY26)
  • Total Income: ₹2,802 lakhs (compared to ₹2,756 lakhs in Q2 FY26)
  • Total Expenses: ₹1,229 lakhs (compared to ₹2,169 lakhs in Q2 FY26)
  • Cost of services rendered: ₹510 lakhs
  • Depreciation and amortization: ₹57 lakhs
  • Other expenses: ₹662 lakhs (includes foreign exchange loss of ₹4,107 lakhs)
  • Profit before tax: ₹1,573 lakhs (compared to ₹587 lakhs in Q2 FY26)
  • Tax expense: ₹398 lakhs
  • Current tax: ₹400 lakhs
  • Deferred tax: (₹2) lakhs
  • Profit for the period: ₹1,175 lakhs (compared to ₹419 lakhs in Q2 FY26)
  • Earnings per share (Basic and Diluted): ₹0.25

Financial Results Overview (Half Year Ended 30 September 2026)

  • Revenue from operations: ₹1,553 lakhs (compared to ₹1,184 lakhs in H1 FY26)
  • Other Income: ₹4,030 lakhs (compared to ₹4,253 lakhs in H1 FY26)
  • Total Income: ₹5,583 lakhs (compared to ₹5,437 lakhs in H1 FY26)
  • Total Expenses: ₹2,188 lakhs (compared to ₹2,915 lakhs in H1 FY26)
  • Profit before tax: ₹3,395 lakhs (compared to ₹2,522 lakhs in H1 FY26)
  • Tax expense: ₹818 lakhs
  • Current tax: ₹880 lakhs
  • Deferred tax: (₹62) lakhs
  • Profit for the period: ₹2,577 lakhs (compared to ₹1,853 lakhs in H1 FY26)
  • Earnings per share (Basic and Diluted): ₹0.55

Segment-Wise Performance (Quarter Ended 30 September 2026)

  • MTI Segment (Training Institution):
  • Revenue: ₹495 lakhs
  • Segment result (loss) before tax: (₹71) lakhs
  • Others Segment (Investment Property, including rental and interest income):
  • Revenue: ₹2,307 lakhs
  • Segment result before tax: ₹1,644 lakhs

Capital Structure

  • Paid-up Equity Share Capital: ₹46,580 lakhs (Face value ₹10 each)
  • Other Equity: ₹2,56,468 lakhs (as of 30 September 2026)

Balance Sheet Highlights (as of 30 September 2026)

  • Total Assets: ₹3,58,002 lakhs
  • Non-current assets: ₹2,40,316 lakhs (primarily Property, plant and equipment: ₹2,38,897 lakhs)
  • Current assets: ₹1,17,686 lakhs (including Cash and cash equivalents: ₹3,485 lakhs)
  • Total Equity: ₹3,03,048 lakhs
  • Total Liabilities: ₹54,954 lakhs
  • Non-current liabilities: ₹24,114 lakhs
  • Current liabilities: ₹30,854 lakhs

Cash Flow Statement (Half Year Ended 30 September 2026)

  • Net cash used in operating activities: (₹20) lakhs
  • Net cash from investing activities: ₹3,344 lakhs
  • Net cash from financing activities: ₹5 lakhs
  • Net increase in cash and cash equivalents: ₹3,324 lakhs

Auditor Review

The standalone financial results were subjected to a limited review by the statutory auditors, B.D. Jokhakar & Co. (Firm Registration No. 104345W). The review was conducted in accordance with SRE 2410 issued by ICAI. The auditors issued an unmodified review report dated 28 October 2026, stating that nothing has come to their attention that causes them to believe that the statement contains any material misstatement.

Additional Notes

  • The company reported a foreign exchange loss of ₹4,107 lakhs for the quarter ended 30 September 2026 and ₹3,939 lakhs for the half year ended 30 September 2026, presented under other expenses.
  • The figures for the previous periods have been regrouped or rearranged wherever necessary to conform to the current period's presentation.
  • The company has the practice of seeking confirmations of balances from all parties for trade receivables, trade payables, and deposits.