Financial Results Summary

Income Statement Highlights (₹ in Lakhs)

Quarter Ended September 30, 2026:

  • Revenue from operations: ₹82,800.00
  • Total Income: ₹82,800.00
  • Total Expenses: ₹82,803.71
  • Net Loss before tax: (₹3.71)
  • Net Loss after tax: (₹3.71)
  • Basic & Diluted EPS: (₹0.04)

Half Year Ended September 30, 2026:

  • Revenue from operations: ₹82,803.16
  • Total Income: ₹82,803.16
  • Total Expenses: ₹82,810.64
  • Net Loss before tax: (₹7.48)
  • Net Loss after tax: (₹7.48)
  • Basic & Diluted EPS: (₹0.07)

Comparative Performance

Previous Quarter (Q1 FY27):

  • Revenue: ₹3.16 lakhs
  • Net Loss: (₹3.77) lakhs
  • EPS: (₹0.04)

Corresponding Quarter (Q2 FY26):

  • Revenue: ₹5.22 lakhs
  • Net Loss: (₹10.17) lakhs
  • EPS: (₹0.10)

Expense Breakdown (Quarter Ended September 30, 2026)

  • Cost of materials consumed: ₹131,400.00
  • Changes in inventories: (₹48,600.00)
  • Employee benefits expense: ₹1.50
  • Finance costs: ₹0.13
  • Other expenses: ₹2.08

Balance Sheet Position (as of September 30, 2026)

Assets (₹ in Lakhs)

  • Total Assets: ₹65,678.43
  • Current Assets: ₹65,678.43
  • Inventories: ₹64,942.03
  • Trade receivables (current): ₹347.65
  • Cash and cash equivalents: ₹4.55
  • Loans (current): ₹383.31
  • Other current assets: ₹0.88
  • Non-Current Assets: ₹0.00

Equity and Liabilities (₹ in Lakhs)

  • Total Equity: ₹676.76
  • Equity Share Capital: ₹1,026.90
  • Other Equity: (₹350.14)
  • Non-Current Liabilities: ₹65,000.00
  • Borrowings: ₹65,000.00
  • Current Liabilities: ₹1.67

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

  • Net cash used in operating activities: (₹48,608.72)
  • Net cash used in investing activities: ₹233,606.61
  • Net cash used in financing activities: (₹185,000.00)
  • Net increase in cash: ₹0.81
  • Cash equivalents at beginning: ₹6.66
  • Cash equivalents at end: ₹4.55

Key Dates and Approvals

  • Board meeting date: October 7, 2026 (4:30 PM to 5:00 PM)
  • Results approved by Board of Directors
  • Limited Review Report dated October 7, 2026, issued by VRSK & Associates
  • Audit Committee reviewed the results prior to board approval

Auditor's Qualification

VRSK & Associates issued a qualified opinion stating that the financial results "have not been prepared in accordance with applicable accounting standards i.e. IND AS" and noted that "Interest on loan given is not provided."

Capital Structure

  • Paid-up equity share capital: ₹1,026.90 lakhs
  • Face value per share: ₹10
  • Number of shares: 102.69 lakh shares