Board Meeting Details

The Board of Directors meeting was held at the Corporate Office of the Company at Cabin No. 365 and 366 Padam Tower-II, 3rd Floor, 14/113, Civil Lines, Kanpur, 208001. The meeting commenced at 03:00 P.M. and concluded at 04:30 P.M. (IST).

Key Decisions and Approvals

1. Financial Results Approval: The Board considered, approved and took on record the Un-audited Financial Results (Standalone & Consolidated) of the Company for the quarter and half year ended on September 30, 2026 as per Regulation 33 of the Listing Regulations.

2. Auditor's Review Report: The Board took on record the Limited Review Report (Standalone & Consolidated) on the aforesaid financial results for the quarter and half year ended on September 30, 2026 issued by M/s Ranjit Jain & Co.

3. Related Party Transactions: Pursuant to Regulation 23(9) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Related Party Transactions entered by the Company on half-yearly basis for the period ended September 30, 2026 shall be intimated in XBRL mode to BSE.

Financial Performance Highlights (Standalone - Quarter Ended September 30, 2026)

  • Total Revenue from Operations: ₹150.36 lakh
  • Interest Income: ₹34.79 lakh
  • Dividend Income: ₹0.64 lakh
  • Net Gain on fair value changes: ₹94.05 lakh
  • Sale of Products/Investment: ₹20.88 lakh
  • Other Income: (₹11.77) lakh
  • Total Income: ₹138.59 lakh
  • Total Expenses: ₹6.28 lakh
  • Employee benefit expenses: ₹2.74 lakh
  • Depreciation, amortization and impairment: ₹0.36 lakh
  • Other expenses: ₹3.18 lakh
  • Profit before tax: ₹132.31 lakh
  • Tax Expense: ₹33.53 lakh
  • Current Tax: ₹9.18 lakh
  • Deferred Tax: ₹24.35 lakh
  • Profit for the period: ₹98.78 lakh
  • Earnings per share (Basic & Diluted): ₹0.10
  • Paid up Equity Share capital: ₹1,004.75 lakh (Face Value of ₹1/- each)
  • Other Equity: ₹2,055.74 lakh

Financial Performance Highlights (Consolidated - Quarter Ended September 30, 2026)

  • Total Revenue from Operations: ₹180.56 lakh
  • Other Income: (₹10.37) lakh
  • Total Income: ₹170.19 lakh
  • Total Expenses: ₹26.40 lakh
  • Profit before tax: ₹143.79 lakh
  • Tax Expense: ₹33.53 lakh
  • Profit for the period: ₹110.26 lakh
  • Minority Interest: ₹5.42 lakh
  • Profit attributable to owners of parent: ₹104.84 lakh
  • Earnings per share (Basic & Diluted): ₹0.11

Half Year Performance (Standalone - Ended September 30, 2026)

  • Total Income: ₹268.45 lakh
  • Profit before tax: ₹249.25 lakh
  • Profit for the period: ₹186.09 lakh
  • Earnings per share (Basic & Diluted): ₹0.19

Half Year Performance (Consolidated - Ended September 30, 2026)

  • Total Income: ₹364.14 lakh
  • Profit before tax: ₹270.31 lakh
  • Profit for the period: ₹207.15 lakh
  • Profit attributable to owners of parent: ₹196.83 lakh
  • Earnings per share (Basic & Diluted): ₹0.21

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

  • Standalone Net cash flows from operating activities: (₹9.08) lakh
  • Consolidated Net cash flows from operating activities: (₹10.52) lakh
  • Cash and cash equivalents at end of period (Standalone): ₹4.68 lakh
  • Cash and cash equivalents at end of period (Consolidated): ₹14.44 lakh

Auditor's Review

M/s Ranjit Jain & Co., Chartered Accountants (Firm Registration No. 322505E) issued unmodified limited review reports for both standalone and consolidated financial results. The review was conducted in accordance with Standard on Review Engagements (SRE) 2410 issued by ICAI.

Subsidiary Information

The consolidated financial results include the financial information of Venkatswamy Mining & Estates Private Limited (subsidiary), which contributed total revenues of ₹96.25 lakh and net profit after tax of ₹21.06 lakh for the quarter and half year ended September 30, 2026.

Additional Information

The financial results have been prepared in accordance with Indian Accounting Standards (Ind AS) prescribed under Section 133 of the Companies Act, 2013. The Company is a Non Banking Financial Company with no separate reportable segments as per Ind AS 108.