Key Financial Results (₹ in Lakhs)

Quarter Ended September 30, 2026 (Q2 FY27):

  • Revenue from operations: ₹0.00
  • Other income: ₹0.00
  • Total income: ₹0.00
  • Total expenses: ₹3.69 (Employee benefits: ₹0.75; Other expenses: ₹2.94)
  • Loss before exceptional items and tax: ₹(3.69)
  • Exceptional items: ₹22.75 (gain from sale of freehold land)
  • Profit before tax: ₹19.06
  • Tax expense: ₹0.00
  • Net profit for the period: ₹19.06
  • Basic and diluted EPS: ₹63.50 (face value ₹1,000 per share)

Half Year Ended September 30, 2026 (H1 FY27):

  • Revenue from operations: ₹0.00
  • Other income: ₹0.00
  • Total income: ₹0.00
  • Total expenses: ₹6.64 (Employee benefits: ₹1.50; Other expenses: ₹5.14)
  • Loss before exceptional items and tax: ₹(6.64)
  • Exceptional items: ₹22.75
  • Profit before tax: ₹16.11
  • Tax expense: ₹0.00
  • Net profit for the period: ₹16.11
  • Basic and diluted EPS: ₹53.67

Comparative Figures (Quarter Ended):

  • September 30, 2025: Net loss of ₹(3.08); EPS ₹(10.26)
  • June 30, 2026: Net loss of ₹(2.95); EPS ₹(9.84)
  • March 31, 2026 (Audited): Net loss of ₹(11.38); EPS ₹(37.92)

Balance Sheet Highlights (as of September 30, 2026)

  • Total assets: ₹159.94 lakh
  • Current assets: ₹159.94 lakh (Cash & cash equivalents: ₹12.84; Other bank balances: ₹6.26; Other current assets: ₹140.84)
  • Equity share capital: ₹300.44 lakh
  • Other equity: ₹(1,501.18) lakh
  • Total equity: ₹(1,200.74) lakh
  • Total liabilities: ₹1,360.68 lakh (Borrowings: ₹1,244.26; Other financial liabilities: ₹116.34; Other current liabilities: ₹0.08)

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

  • Net cash used in operating activities: ₹(8.58) lakh
  • Net cash from investing activities: ₹25.00 lakh (from sale of fixed assets)
  • Net cash used in financing activities: ₹(4.00) lakh (net change in borrowings)
  • Net increase in cash and cash equivalents: ₹12.42 lakh

Key Notes and Disclosures

1. The financial results were prepared in accordance with Ind AS 34 and reviewed by statutory auditors Khandelwal & Mehta LLP.

2. The company has only one reportable segment: 'Paper'.

3. During the quarter, the company signed and registered a sale deed for freehold land, with the surplus of ₹22.75 lakh classified as an exceptional item.

4. The auditors included an emphasis of matter paragraph regarding going concern uncertainty. The company has accumulated losses, and its net worth has been fully eroded. However, management believes the company can continue as a going concern based on their projections.

5. Paid-up equity share capital remained unchanged at ₹300.14 lakh (face value ₹1,000 per share).