The Board considered and approved the unaudited financial results for the quarter (Q2) and half year ended September 30, 2026. The results were reviewed by the Audit Committee and taken on record.
Financial Results Highlights (Standalone, Rs. in Lakhs)
Quarter Ended September 30, 2026:
- Profit/(Loss) Before Tax: Not fully quantifiable from disclosed data
- Net Profit/(Loss) for the period: (₹288.46)
Comparative Figures (Quarter Ended):
- June 2026: Net Profit/(Loss) of (₹2.45)
- September 2025: Not disclosed
Half Year Ended September 30, 2026:
- Financial figures for the half year period were not fully disclosed in the available data.
Key Financial Statement Data
Balance Sheet as at September 30, 2026 (Rs. in Lakhs):
- Property, plant and equipment: ₹0.50
- Other non-current assets: ₹3,217.37
- Total Non-Current Assets: ₹3,217.87
- Equity share capital: ₹3,202.26
- Other equity: ₹767.11
- Total Equity: ₹3,969.37
Cash Flow Statement for Period Ended September 30, 2026 (Rs. in Lakhs):
- Profit before tax: (₹297.23)
- Depreciation and amortisation: ₹0.07
- Net cash generated from operating activities: Not fully quantifiable
- Cash outflow indicated in brackets
Auditor's Limited Review Report Qualifications
M/s. Rajesh H. Gupta & Co., Chartered Accountants (FRN: 133884W) issued a limited review report with the following qualifications:
1. Investment Recovery Concern: An investment amounting to ₹11.42 lakh was made in the name of Mr. Aziz Akbar Bhaidani, who is no longer alive. Adequate documentary evidence regarding the status, ownership and recoverability of the investment was not made available for verification. The company should assess the recoverable value and make appropriate provision for diminution/loss if required.
2. Expired Agreement and Non-Recovery: The company entered into an agreement with Raj Radhe Finance Ltd. for ₹15.75 crore effective from 1st September 2024 with a two-year contractual period. The agreement has expired but the intended purpose remains unfulfilled. Management stated that legal notice has been issued and recovery will resume soon, but auditors cannot ascertain recoverability or whether impairment provision is required.
Trading Window Closure
In terms of SEBI (Prohibition of Insider Trading) Regulations, 2015, the trading window for dealing in the company's securities will open after 48 hours of the results being made public on Friday, 14th November, 2026.