Key Financial Results

Quarterly Performance (Q2 FY27 vs Q2 FY26)

  • Revenue from operations: ₹726.95 lakh (Q2 FY27) vs ₹757.30 lakh (Q2 FY26)
  • Other income: ₹162.54 lakh (Q2 FY27) vs ₹144.20 lakh (Q2 FY26)
  • Total income: ₹889.49 lakh (Q2 FY27) vs ₹901.50 lakh (Q2 FY26)
  • Profit before exceptional items and tax: ₹114.98 lakh (Q2 FY27) vs ₹148.35 lakh (Q2 FY26)
  • Exceptional items: Loss of ₹50.86 lakh on sale of used equipment (Q2 FY27)
  • Net profit/(loss) for the quarter: Loss of ₹50.86 lakh (Q2 FY27) vs Profit of ₹148.35 lakh (Q2 FY26)
  • Earnings per share (EPS): Negative ₹1.29 (Q2 FY27) vs Positive ₹2.99 (Q2 FY26)

Half-Yearly Performance (H1 FY27 vs H1 FY26)

  • Revenue from operations: ₹1,304.51 lakh (H1 FY27) vs ₹1,391.76 lakh (H1 FY26)
  • Other income: ₹286.49 lakh (H1 FY27) vs ₹295.68 lakh (H1 FY26)
  • Total income: ₹1,591.00 lakh (H1 FY27) vs ₹1,687.44 lakh (H1 FY26)
  • Profit before exceptional items and tax: ₹153.07 lakh (H1 FY27) vs ₹246.15 lakh (H1 FY26)
  • Net profit for the period: ₹136.85 lakh (H1 FY27) vs ₹211.14 lakh (H1 FY26)
  • Earnings per share (EPS): ₹2.76 (H1 FY27) vs ₹4.43 (H1 FY26)

Balance Sheet Position (as of September 30, 2026)

  • Total assets: ₹3,143.56 lakh (vs ₹2,961.97 lakh as of March 31, 2026)
  • Property, plant and equipment: ₹2,684.77 lakh
  • Cash and cash equivalents: ₹12.16 lakh
  • Total equity: Negative ₹737.84 lakh (negative net worth)
  • Total liabilities: ₹3,229.41 lakh
  • Current liabilities exceed current assets
  • Accumulated losses: ₹1,569.83 lakh as of September 30, 2026

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

  • Net cash from operating activities: ₹395.45 lakh
  • Net cash used in investing activities: ₹(153.87) lakh
  • Net cash used in financing activities: ₹(241.97) lakh
  • Net decrease in cash: ₹(0.39) lakh

Critical Notes and Qualifications

Going Concern Basis

Despite accumulated losses of ₹1,569.83 lakh and current liabilities exceeding current assets, the financial statements are prepared on a going concern basis considering the market value of the company's immovable properties.

Audit Qualification

Statutory auditors KS. Rao & CO issued a qualified review opinion due to:

  • Non-provision of interest payable on outstanding unpaid statutory TDS dues
  • Total interest liability: ₹34.36 lakh (including arrears of ₹31.23 lakh up to March 31, 2026)

Other Significant Notes

  • No provision made for gratuity and leave encashment; will be considered at year-end based on actuarial valuation
  • Accounting policies consistent with those followed in annual accounts for year ended March 31, 2026
  • The company operates as a single segment
  • Financial results reviewed by Audit Committee and approved by Board of Directors
  • Limited review conducted by statutory auditors

Meeting Details

  • Board meeting held on November 12, 2026, at Registered Office
  • Meeting duration: 11:00 AM to 12:00 PM
  • Approved unaudited financial results for quarter ended September 30, 2026