Summary of Key Information:

Reporting Period: Quarter and Half Year ended September 30, 2026

Nature of Filing / Announcement: Unaudited Financial Results (Standalone & Consolidated) under SEBI LODR Regulations

Audit Opinion:

Clean opinion - No modifications or qualifications. The limited review report states: "nothing has come to our attention that causes us to believe that the accompanying Statement... contains any material misstatement."

Key Financial Highlights [INR in Lakhs]:

Standalone Results:

Quarter Ended September 30, 2026:

  • Revenue from Operations: ₹5,750.03 (vs ₹6,242.18 in Q2 FY25, -7.9% YoY)
  • Total Income: ₹5,842.87 (vs ₹6,334.61 in Q2 FY25, -7.8% YoY)
  • EBITDA: Not explicitly disclosed
  • Net Profit: ₹277.35 (vs ₹760.05 in Q2 FY25, -63.5% YoY)
  • EPS: Basic ₹0.86, Diluted ₹0.85 (vs ₹2.55 basic in Q2 FY25)
  • Other Equity: ₹21,495.91 (vs ₹17,268.42 at March 31, 2026)
  • Cash and Cash Equivalents: ₹44.48 (vs ₹88.81 at March 31, 2026)
  • Debt: Total Borrowings ₹6,803.40 (Short-term ₹4,561.23 + Long-term ₹2,242.17)

Half Year Ended September 30, 2026:

  • Revenue from Operations: ₹11,928.33 (vs ₹10,253.48 in H1 FY25, +16.3% YoY)
  • Total Income: ₹12,065.10 (vs ₹10,455.10 in H1 FY25, +15.4% YoY)
  • Net Profit: ₹1,037.43 (vs ₹966.76 in H1 FY25, +7.3% YoY)
  • EPS: Basic ₹3.33, Diluted ₹3.29 (vs ₹3.24 basic in H1 FY25)

Consolidated Results:

Quarter Ended September 30, 2026:

  • Revenue from Operations: ₹5,773.04 (vs ₹6,244.47 in Q2 FY25, -7.5% YoY)
  • Total Income: ₹5,865.88 (vs ₹6,336.90 in Q2 FY25, -7.4% YoY)
  • Net Profit: ₹398.10 (vs ₹835.74 in Q2 FY25, -52.4% YoY)
  • EPS: Basic ₹1.23, Diluted ₹1.23 (vs ₹2.80 basic in Q2 FY25)
  • Other Equity: ₹21,892.02 (vs ₹17,370.23 at March 31, 2026)
  • Cash and Cash Equivalents: ₹80.65 (vs ₹129.40 at March 31, 2026)

Half Year Ended September 30, 2026:

  • Revenue from Operations: ₹11,941.25 (vs ₹10,266.09 in H1 FY25, +16.3% YoY)
  • Total Income: ₹12,078.07 (vs ₹10,467.71 in H1 FY25, +15.4% YoY)
  • Net Profit: ₹1,331.70 (vs ₹1,076.06 in H1 FY25, +23.7% YoY)
  • EPS: Basic ₹4.28, Diluted ₹4.23 (vs ₹3.61 basic in H1 FY25)

Segment-wise Performance [INR in Lakhs]:

Drilling & Exploration Segment (Only operating segment):

  • Q2 FY26 Revenue: ₹5,773.04
  • Q2 FY26 Segment Results: ₹411.34
  • H1 FY26 Revenue: ₹11,941.25
  • H1 FY26 Segment Results: ₹1,469.05

Coal Mining & Trading segment showed no revenue or results as operations are in development phase.

Corporate Actions:

  • The company raised ₹2,797.43 lakh through share warrants during H1 FY26
  • Paid-up equity share capital increased to ₹3,265.14 lakh from ₹2,983.00 lakh at March 31, 2026
  • No dividend declarations, share splits, bonus issues, or buybacks announced

Other Significant Information:

  • The company has been allocated a coal block in Jharkhand by Ministry of Coal
  • Exploration activities completed and GR submitted and approved
  • Mining plan being finalized and expected to be submitted soon
  • Business involves mobilization and demobilization of resources including rigs which may affect revenue and profitability