Board Meeting Details

The Board Meeting commenced at 5:00 PM and concluded at 5:30 PM on November 14, 2026. The results were reviewed by the Audit Committee and approved by the Board of Directors on the same date.

Financial Results - Standalone (Amounts in ₹ Lakhs)

Quarter Ended September 30, 2026:

  • Revenue from Operations: ₹565.32
  • Other Income: ₹0.00
  • Total Income: ₹565.32
  • Total Expenses: ₹557.52
  • Profit before tax: ₹7.80
  • Tax Expense: ₹0.00
  • Profit for the period: ₹7.80
  • Other Comprehensive Income: ₹0.00
  • Total Comprehensive Income: ₹7.80
  • Basic EPS: ₹0.00
  • Diluted EPS: ₹0.00

Half Year Ended September 30, 2026:

  • Revenue from Operations: ₹592.28
  • Other Income: ₹0.00
  • Total Income: ₹592.28
  • Total Expenses: ₹594.39
  • Loss before tax: ₹(2.11)
  • Tax Expense: ₹0.00
  • Loss for the period: ₹(2.11)
  • Other Comprehensive Income: ₹0.00
  • Total Comprehensive Loss: ₹(2.11)
  • Basic EPS: ₹(0.00)
  • Diluted EPS: ₹(0.00)

Comparative Figures (Quarter Ended September 30, 2025):

  • Revenue from Operations: ₹3,875.28
  • Profit before tax: ₹213.91
  • Profit for the period: ₹210.28

Year Ended March 31, 2026 (Audited):

  • Revenue from Operations: ₹10,778.54
  • Profit before tax: ₹731.21
  • Profit for the period: ₹727.51

Financial Results - Consolidated (Amounts in ₹ Lakhs)

Quarter Ended September 30, 2026:

  • Revenue from Operations: ₹993.84
  • Other Income: ₹0.22
  • Total Income: ₹994.06
  • Total Expenses: ₹974.93
  • Profit before tax: ₹19.13
  • Tax Expense: ₹0.00
  • Profit for the period: ₹19.13
  • Other Comprehensive Income: ₹0.00
  • Total Comprehensive Income: ₹19.13
  • Basic EPS: ₹0.00
  • Diluted EPS: ₹0.00

Half Year Ended September 30, 2026:

  • Revenue from Operations: ₹1,605.64
  • Other Income: ₹5.92
  • Total Income: ₹1,611.56
  • Total Expenses: ₹1,553.53
  • Profit before tax: ₹58.04
  • Tax Expense: ₹0.00
  • Profit for the period: ₹58.04
  • Other Comprehensive Income: ₹0.00
  • Total Comprehensive Income: ₹58.04
  • Basic EPS: ₹0.00
  • Diluted EPS: ₹0.00

Segment Reporting - Standalone

The company operates in multiple segments:

  • Trading of Commodities including FMCG: Q2 revenue ₹17.40
  • Solar: Q2 revenue ₹0.00 (was ₹727.82 in Q2 FY2025)
  • Construction chemicals: Q2 revenue ₹565.32
  • Other Unallocable Segment: Q2 revenue ₹0.00

Segment Reporting - Consolidated

  • Trading of Commodities including FMCG: Q2 revenue ₹428.52
  • Solar: Q2 revenue ₹0.00
  • Construction chemicals: Q2 revenue ₹565.32
  • Other Unallocable Segment: Q2 revenue ₹0.22

Capital Structure

Paid-up Equity Share Capital: ₹12,330.79 lakhs (Face Value ₹1/-) as of September 30, 2026, consistent with previous periods.

Auditor's Emphasis of Matters

The statutory auditors, Bihari Shah & Co., in their limited review report highlighted:

1. The company has availed unsecured loans from various entities and individuals but has not provided for interest, if any, on these unsecured loans.

2. The company has granted loans and advances to various entities and individuals but has not recognized interest income, if any, on these loans and advances.

3. As of September 30, 2026, outstanding balances related to trade receivables, trade payables, loans and advances given, and loans and advances taken are subject to confirmations and reconciliations.

Subsidiary Information

The consolidated results include the subsidiary Maxrotth Foods Limited. The auditors reviewed the interim financial results of the subsidiary included in the consolidated unaudited financial results.

Cash Flow Statement - Standalone

For half year ended September 30, 2026:

  • Net cash from operating activities: ₹20.52
  • Net cash used in investing activities: ₹(134.30)
  • Net cash from financing activities: ₹107.20
  • Net decrease in cash: ₹(6.59)
  • Cash and cash equivalents at end: ₹26.75

Assets and Liabilities Position - Standalone

As of September 30, 2026:

  • Total Assets: ₹12,787.91
  • Total Equity: ₹12,247.34
  • Total Liabilities: ₹540.57

Significant items include:

  • Trade receivables: ₹4,384.63
  • Loans: ₹5,886.38
  • Other financial assets: ₹1,610.15
  • Inventory: ₹305.95

Financial Impact Assessment

The disclosure does not quantify the financial impact of the unprovided interest on loans and unrecognized interest income on advances. The balances are subject to confirmations and reconciliations.