Key Quantitative Figures - Standalone

Balance Sheet as at 30 September 2026:

  • Total Assets: ₹8,641.63 Lakhs (vs ₹9,044.28 Lakhs as at 31-Mar-2026)
  • Total Equity: ₹2,992.66 Lakhs (vs ₹3,420.79 Lakhs as at 31-Mar-2026)
  • Share Capital: ₹747.79 Lakhs (unchanged)
  • Other Equity: ₹2,244.87 Lakhs (vs ₹2,673.00 Lakhs)
  • Total Liabilities: ₹5,648.97 Lakhs (vs ₹5,623.49 Lakhs)
  • Borrowings: ₹2,255.32 Lakhs (₹845.14 Lakhs non-current + ₹1,410.18 Lakhs current)
  • Inventories: ₹2,751.09 Lakhs
  • Trade Receivables: ₹512.02 Lakhs
  • Cash and Cash Equivalents: ₹6.23 Lakhs

Profit and Loss Statement:

Quarter Ended 30-Sep-2026:
  • Revenue from Operations: ₹487.79 Lakhs
  • Other Income: ₹21.52 Lakhs
  • Total Income: ₹509.31 Lakhs
  • Total Expenses: ₹567.24 Lakhs
  • Loss Before Exceptional Items and Tax: ₹(57.93) Lakhs
  • Exceptional Item (Impairment): ₹(248.51) Lakhs
  • Loss Before Tax: ₹(306.44) Lakhs
  • Tax Expense: ₹0
  • Net Loss: ₹(306.44) Lakhs
  • Basic EPS: ₹(4.10) per share
Six Months Ended 30-Sep-2026:
  • Revenue from Operations: ₹889.80 Lakhs
  • Other Income: ₹38.62 Lakhs
  • Total Income: ₹928.42 Lakhs
  • Total Expenses: ₹1,108.04 Lakhs
  • Loss Before Exceptional Items and Tax: ₹(179.62) Lakhs
  • Exceptional Item: ₹(248.51) Lakhs
  • Loss Before Tax: ₹(428.13) Lakhs
  • Tax Expense: ₹0
  • Net Loss: ₹(428.13) Lakhs
  • Basic EPS: ₹(5.73) per share

Cash Flow Statement - Six Months Ended 30-Sep-2026:

  • Net Cash from Operating Activities: ₹40.94 Lakhs
  • Net Cash Used in Investing Activities: ₹(1.76) Lakhs
  • Net Cash Used in Financing Activities: ₹(66.08) Lakhs
  • Net Decrease in Cash: ₹(26.90) Lakhs
  • Cash at Beginning: ₹33.13 Lakhs
  • Cash at End: ₹6.23 Lakhs

Key Quantitative Figures - Consolidated

Balance Sheet as at 30 September 2026:

  • Total Assets: ₹8,080.79 Lakhs (vs ₹8,253.10 Lakhs as at 31-Mar-2026)
  • Total Equity: ₹2,077.78 Lakhs (₹2,225.82 Lakhs attributable to owners + ₹(148.04) Lakhs non-controlling interest)
  • Share Capital: ₹747.79 Lakhs (unchanged)
  • Other Equity: ₹1,478.03 Lakhs (vs ₹1,721.83 Lakhs)
  • Total Liabilities: ₹6,003.01 Lakhs

Profit and Loss Statement:

Quarter Ended 30-Sep-2026:
  • Revenue from Operations: ₹603.90 Lakhs
  • Other Income: ₹9.75 Lakhs
  • Total Income: ₹613.65 Lakhs
  • Total Expenses: ₹696.81 Lakhs
  • Loss Before Tax: ₹(83.16) Lakhs
  • Tax Expense: ₹0
  • Net Loss: ₹(83.16) Lakhs
  • Basic EPS: ₹(1.12) per share
Six Months Ended 30-Sep-2026:
  • Revenue from Operations: ₹1,091.87 Lakhs
  • Other Income: ₹15.50 Lakhs
  • Total Income: ₹1,107.37 Lakhs
  • Total Expenses: ₹1,350.66 Lakhs
  • Loss Before Tax: ₹(243.29) Lakhs
  • Tax Expense: ₹0
  • Net Loss: ₹(243.29) Lakhs
  • Basic EPS: ₹(3.26) per share

Cash Flow Statement - Six Months Ended 30-Sep-2026:

  • Net Cash from Operating Activities: ₹25.99 Lakhs
  • Net Cash from Investing Activities: ₹5.41 Lakhs
  • Net Cash Used in Financing Activities: ₹(67.47) Lakhs
  • Net Decrease in Cash: ₹(36.07) Lakhs
  • Cash at Beginning: ₹43.86 Lakhs
  • Cash at End: ₹7.72 Lakhs

Exceptional Item Details

During the quarter ended 30 September 2026, management assessed recoverability of an inter-corporate loan given to one subsidiary and recognized an impairment allowance of ₹248.51 lakhs. This material non-recurring item is disclosed as exceptional in standalone financial results.

Segment Performance - Standalone

Revenue Breakdown (Q2 FY2027):

  • Trading: ₹116.00 Lakhs (solar, healthcare, autocare, audio products)
  • Manufacturing: ₹275.70 Lakhs
  • Real Estate: ₹96.09 Lakhs

Segment Results (Q2 FY2027):

  • Trading Profit: ₹31.35 Lakhs
  • Manufacturing Profit: ₹22.80 Lakhs
  • Real Estate Profit: ₹21.18 Lakhs

Segment Performance - Consolidated

Revenue Breakdown (Q2 FY2027):

  • Trading: ₹154.41 Lakhs
  • Manufacturing: ₹275.70 Lakhs
  • Educational: ₹77.10 Lakhs
  • Real Estate: ₹96.09 Lakhs

Segment Results (Q2 FY2027):

  • Trading Profit: ₹5.86 Lakhs
  • Manufacturing Profit: ₹40.09 Lakhs
  • Educational Profit: ₹7.12 Lakhs
  • Real Estate Profit: ₹20.88 Lakhs

Subsidiaries Included in Consolidation

  • iSpark Learning Solutions Private Limited
  • TCM Healthcare Private Limited
  • TCM Properties Private Limited
  • TCM Solar Private Limited

Approval Process

The unaudited financial results were reviewed by the Audit Committee and approved by the Board of Directors at their meetings held on 06 November 2026.

Document References

Prepared pursuant to Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and Indian Accounting Standard 34 (Interim Financial Reporting).