Summary of Key Information:

Reporting Period (Quarter/Year): Quarter and Half Year ended 30th September 2026 (Q2 FY27)

Nature of Filing / Announcement: Submission of Unaudited Financial Results (Standalone and Consolidated) with Limited Review Report

Date of Board Meeting / Approval: 11th November 2026 (Meeting commenced at 3:30 PM and concluded at 4:40 PM)

Audit Opinion: Unmodified Review Report (Clean)

Auditor’s Comment: Emphasis of Matter regarding discontinuance of recognition of further losses in associate Soma Textiles FZC after the carrying amount of the investment was fully impaired.

Key Financial Highlights [₹ in lakhs]

Standalone Results:

Revenue from Operations: ₹3,273 (Q2 FY27) vs ₹B [Unclear in source] (Q2 FY26) | Half-Year: ₹6,112 (H1 FY27) vs ₹205 (H1 FY26)

Total Income: ₹3,296 (Q2 FY27) vs ₹73 (Q2 FY26) | Half-Year: ₹6,163 (H1 FY27) vs ₹768 (H1 FY26)

EBITDA: Not Specified

Net Profit: ₹194 (Q2 FY27) vs ₹(63) (Q2 FY26) | Half-Year: ₹470 (H1 FY27) vs ₹300 (H1 FY26)

EPS: Basic & Diluted: ₹0.59 (Q2 FY27) vs ₹(0.19) (Q2 FY26) | Half-Year: ₹1.42 (H1 FY27) vs ₹0.91 (H1 FY26)

Other Equity: ₹13,749 (As of 30th Sept 2026) vs ₹13,444 (As of 31st Mar 2026)

Cash and Cash Equivalents: ₹1,336 (As of 30th Sept 2026) vs ₹58 (As of 31st Mar 2026)

Debt: Not Specified in a consolidated line item. Borrowings (Non-current + Current): ₹21 (As of 30th Sept 2026) vs ₹24 (As of 31st Mar 2026)

Consolidated Results:

The amounts reported in the Consolidated Financial Results are identical to the Standalone Financial Results. This is because the share of losses of the associate (Soma Textiles FZC) has exceeded the Company's carrying value of investment. The Company has discontinued recognising its share of further losses as the investment is fully impaired.

Share of Profit/(Loss) of associates: ₹0 for all periods presented (Q2 FY27, Q1 FY27, Q2 FY26, H1 FY27, H1 FY26, FY26).

Segment-wise Performance:

The company was primarily engaged in the trading of cotton and cotton yarn ('Textile' business) until the September 2025 quarter. From the quarter ended December-2025, the company is engaged solely in the works contract of highway construction as its only reportable primary business segment, as per Ind AS 108. Accordingly, no separate segment information has been provided.

Corporate Actions:

Dividend: An interim dividend was declared. The cash flow statement shows a 'Payment of Dividend' of ₹165 lakhs for the six months ended 30th September 2026. Specific details (face value, record date) are not provided in the excerpts.

Other Significant Information:

Exceptional Items (Q2 FY26 Standalone: ₹93 lakhs):

  • Foreign Exchange Gain/(Loss) on Loan Given to Soma Textiles FZC (Associate Company): ₹41 lakhs
  • Profit/(Loss) on Sale of Fixed Assets (Net): ₹51 lakhs
  • Liabilities no longer required written back: ₹1 lakh

Cash Flow (H1 FY27 Standalone): Net cash generated from operating activities was ₹1,507 lakhs. Major drivers were a decrease in trade receivables (₹4,113 lakhs) and an increase in other current liabilities (₹2,858 lakhs), partly offset by a decrease in trade payables (₹3,483 lakhs).

Balance Sheet (Standalone as of 30/09/2026): Total Assets: ₹23,564 lakhs. Includes Trade Receivables (₹5,075 lakhs), Loans (₹3,389 lakhs), and Deferred/Income Tax Assets (₹1,549 lakhs). Total Equity: ₹17,072 lakhs.