Board Meeting Details

The Board of Directors meeting was held on October 21, 2026, at 4:00 PM at the company's registered office in Surat, Gujarat. The meeting concluded at 7:20 PM.

Financial Results Approval

The Board considered and approved the Standalone Unaudited Financial Results along with the Limited Review Report for the quarter and half year ended September 30, 2026.

Financial Performance Highlights (Quarter Ended September 30, 2026)

  • Revenue from Operations: ₹2.15 lakh (compared to ₹251.75 lakh in Q2 FY2026)
  • Other Income: ₹0.73 lakh (compared to ₹1.67 lakh in Q2 FY2026)
  • Total Income: ₹2.88 lakh (compared to ₹253.41 lakh in Q2 FY2026)
  • Total Expenses: ₹4.29 lakh (including purchases of stock-in-trade ₹2.10 lakh, employee benefits ₹0.60 lakh, and other expenses ₹1.60 lakh)
  • Profit/(Loss) before Exceptional Items and Tax: Loss of ₹1.41 lakh
  • Exceptional Items: ₹6.04 lakh
  • Profit/(Loss) before Tax: Loss of ₹7.45 lakh (compared to profit of ₹10.49 lakh in Q2 FY2026)
  • Tax Expense: Nil
  • Net Profit/(Loss) for the Quarter: Loss of ₹7.45 lakh (compared to profit of ₹10.49 lakh in Q2 FY2026)
  • Earnings Per Share (EPS): Basic and Diluted EPS of (₹0.099) each

Financial Performance Highlights (Half Year Ended September 30, 2026)

  • Revenue from Operations: ₹2.15 lakh (compared to ₹674.14 lakh in H1 FY2026)
  • Other Income: ₹2.67 lakh (compared to ₹1.67 lakh in H1 FY2026)
  • Total Income: ₹4.82 lakh (compared to ₹675.81 lakh in H1 FY2026)
  • Total Expenses: ₹11.22 lakh (including purchases of stock-in-trade ₹2.10 lakh, employee benefits ₹1.20 lakh, finance costs ₹0.02 lakh, and other expenses ₹7.91 lakh)
  • Profit/(Loss) before Exceptional Items and Tax: Loss of ₹6.41 lakh
  • Exceptional Items: ₹6.04 lakh
  • Profit/(Loss) before Tax: Loss of ₹12.45 lakh (compared to profit of ₹7.25 lakh in H1 FY2026)
  • Tax Expense: Nil
  • Net Profit/(Loss) for the Period: Loss of ₹12.45 lakh (compared to profit of ₹7.25 lakh in H1 FY2026)
  • Earnings Per Share (EPS): Basic and Diluted EPS of (₹0.166) each

Comparative Performance

Quarterly Comparison (Q2 FY2027 vs Q2 FY2026):

  • Revenue from operations declined by 99.1% from ₹251.75 lakh to ₹2.15 lakh
  • Net profit turned from profit of ₹10.49 lakh to loss of ₹7.45 lakh

Half-Yearly Comparison (H1 FY2027 vs H1 FY2026):

  • Revenue from operations declined by 99.7% from ₹674.14 lakh to ₹2.15 lakh
  • Net profit turned from profit of ₹7.25 lakh to loss of ₹12.45 lakh

Exceptional Items

The company recorded exceptional items of ₹6.04 lakh during the quarter and ₹6.04 lakh during the half year. No exceptional items were recorded in the corresponding periods of the previous year.

Financial Position as of September 30, 2026

Assets:

  • Total Assets: ₹622.80 lakh (compared to ₹635.70 lakh as of March 31, 2026)
  • Current Assets: ₹622.80 lakh, comprising:
  • Trade receivables: ₹195.07 lakh
  • Cash and cash equivalents: ₹46.62 lakh
  • Loans: ₹4.29 lakh
  • Other current assets: ₹376.82 lakh
  • Non-Current Assets: Nil

Equity and Liabilities:

  • Total Equity: ₹622.73 lakh, comprising:
  • Equity share capital: ₹150.00 lakh (75 lakh shares of ₹2 each)
  • Other equity: ₹472.73 lakh
  • Total Liabilities: ₹0.07 lakh (current liabilities)
  • Non-Current Liabilities: Nil

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

  • Net Cash from Operating Activities: Negative ₹23.66 lakh
  • Net Cash from Investing Activities: Nil
  • Net Cash from Financing Activities: Negative ₹0.02 lakh
  • Net Decrease in Cash: ₹23.68 lakh
  • Cash and Cash Equivalents at End of Period: ₹46.62 lakh

Capital Structure

  • Paid-up equity share capital remained unchanged at ₹150.00 lakh (75 lakh equity shares of ₹2 each)
  • No change in share capital during the period