Key Financial Results

Income Statement Highlights (Amounts in INR Lakhs)

For Quarter Ended September 30, 2026:

  • Revenue from Operations: ₹1,149.46
  • Total Income: ₹1,149.46
  • Total Expenses: ₹1,044.49
  • EBITDA: ₹104.97
  • Finance Costs: ₹14.07
  • Profit Before Tax: ₹90.90
  • Tax Expenses (Current Tax): ₹20.69
  • Profit for the Period: ₹70.21
  • Basic & Diluted EPS (₹ per share of face value ₹4): 0.23

For Half Year Ended September 30, 2026:

  • Revenue from Operations: ₹3,114.37
  • Other Income: ₹3.40
  • Total Income: ₹3,117.77
  • Total Expenses: ₹2,788.17
  • EBITDA: ₹329.60
  • Finance Costs: ₹27.62
  • Profit Before Tax: ₹301.98
  • Tax Expenses (Current Tax): ₹20.69
  • Profit for the Period: ₹281.29
  • Basic & Diluted EPS (₹ per share of face value ₹4): 0.92

Comparative Figures:

  • H1 FY27 Revenue (₹3,114.37 lakh) vs. Full Year FY26 Revenue (₹1,052.56 lakh)
  • Q2 FY26 Profit: Loss of ₹32.30 lakh vs. Q2 FY27 Profit of ₹70.21 lakh
  • H1 FY26 Profit: Loss of ₹46.99 lakh vs. H1 FY27 Profit of ₹281.29 lakh

Balance Sheet Position (As at September 30, 2026)

Assets (INR Lakhs):

  • Total Assets: ₹3,991.28 (Unaudited) vs. ₹1,336.72 (Audited as at March 31, 2026)
  • Current Assets: ₹3,991.28, comprising:
  • Inventories: ₹472.94
  • Trade Receivables: ₹3,499.96
  • Loans: ₹14.15
  • Cash and Cash Equivalents: ₹4.23

Equity and Liabilities (INR Lakhs):

  • Total Equity: (₹264.05) [Negative], comprising:
  • Equity Share Capital: ₹1,217.20 (unchanged)
  • Other Equity: (₹1,481.25)
  • Non-current Liabilities: ₹665.72, comprising:
  • Borrowings: ₹623.68
  • Other Financial Liabilities: ₹42.04
  • Current Liabilities: ₹3,589.61, comprising:
  • Trade Payables: ₹3,491.49
  • Other Financial Liabilities: ₹7.58
  • Other Current Liabilities: ₹69.85
  • Current Tax Liabilities: ₹20.69

Cash Flow Statement (H1 FY27)

  • Net Cash from Operating Activities: ₹45.12
  • Net Cash from Investing Activities: Not quantified (disclosure shows blank/placeholder)
  • Net Cash from Financing Activities: (₹41.11), comprising:
  • Repayment of Long Term Borrowings: (₹38.35)
  • Finance Cost Paid: (₹2.76)
  • Net Increase in Cash: ₹4.01
  • Cash and Equivalents at period end: ₹14.15

Corporate and Operational Context

  • Change in Control: Promoter SAR Televenture Limited acquired 2,13,51,740 equity shares via a Share Purchase Agreement dated March 03, 2026, and a further 910 shares via an Open Offer dated March 16, 2026, at ₹2.50 per share. This resulted in SAR Televenture holding a 70.17% controlling stake.
  • Business Segment: The company is engaged in the telecom and communication equipment business, including cables, optical fiber systems, and networking hardware. It operates as a single reporting segment under Ind AS 108.
  • Review and Approval: The financial results were reviewed by the Audit Committee and approved by the Board of Directors in a meeting held on October 23, 2026 (commencing at 4:30 PM and concluding at 5:00 PM).
  • Auditor Review: The limited review was conducted by AGARWAL & SAXENA (FRN-002405C), who issued an unmodified conclusion. The review noted that the Q2 figures are balancing figures between the H1 unaudited results and the published Q1 unaudited figures.
  • Previous Auditor: The unaudited results for the corresponding period of the previous year (Q2 and H1 FY26) were reviewed by predecessor auditors M/s Ashwani & Associates, and the FY26 annual results were audited by M/s ANSK & Associates.