Detailed Summary
Board Meeting Details
The Board of Directors meeting (BM/06/2026-27) was held on Saturday, 14th November, 2026 at the registered office in Indore. The meeting commenced at 02:00 PM and concluded at 03:25 PM. The board considered and approved the unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2026.
Financial Results - Standalone (₹ in Lakhs)
Quarter Ended September 30, 2026:
- Total Income: ₹8,536.14
- Profit/(Loss) before tax: (₹585.20)
- Profit/(Loss) for the period: (₹588.21)
- Basic and Diluted EPS: (₹6.13)
Half Year Ended September 30, 2026:
- Total Income: ₹17,711.62
- Profit/(Loss) before tax: (₹494.10)
- Profit/(Loss) for the period: (₹522.09)
- Basic and Diluted EPS: (₹5.44)
Comparative Figures (Quarter Ended September 30, 2025):
- Total Income: ₹8,960.85
- Profit/(Loss) before tax: ₹28.36
- Profit/(Loss) for the period: ₹22.41
- Basic and Diluted EPS: ₹0.23
Financial Results - Consolidated (₹ in Lakhs)
Quarter Ended September 30, 2026:
- Total Income: ₹8,536.16
- Profit/(Loss) before tax: (₹596.57)
- Profit/(Loss) for the period: (₹599.58)
- Basic and Diluted EPS: (₹6.26)
Half Year Ended September 30, 2026:
- Total Income: ₹17,711.65
- Profit/(Loss) before tax: (₹494.01)
- Profit/(Loss) for the period: (₹522.00)
- Basic and Diluted EPS: (₹5.45)
Comparative Figures (Quarter Ended September 30, 2025):
- Total Income: ₹8,960.85
- Profit/(Loss) before tax: ₹6.59
- Profit/(Loss) for the period: ₹0.64
- Basic and Diluted EPS: ₹0.01
Key Financial Metrics
Standalone Statement of Assets & Liabilities (as at September 30, 2026):
- Total Assets: ₹20,519.91 lakhs
- Total Equity: ₹6,194.78 lakhs
- Paid Up Equity Share Capital: ₹958.92 lakhs
- Other Equity: ₹5,235.86 lakhs
Consolidated Statement of Assets & Liabilities (as at September 30, 2026):
- Total Assets: ₹20,519.35 lakhs
- Total Equity: ₹6,171.60 lakhs
- Paid Up Equity Share Capital: ₹958.92 lakhs
- Other Equity: ₹5,212.68 lakhs
Income Tax Matter
The Income Tax Department has raised a demand of ₹158.43 lakhs for Assessment Year 2014-15 under Section 154 of the Income-tax Act, 1961. The company has disputed this demand and filed an appeal before the Commissioner of Income Tax (Appeals). Management is of the view that no provision is required for this demand, and accordingly, no provision has been made in the financial results.
Auditor's Review
The statutory auditors, Harish Khandelwal & Co., conducted a limited review of the financial results and issued an unmodified conclusion. They emphasized the matter regarding the income tax demand but did not modify their conclusion.
Cash Flow Statements
Standalone Half Year Ended September 30, 2026:
- Net cash flow from operating activities: ₹565.20 lakhs
- Net cash used in investing activities: ₹917.74 lakhs
- Net cash from financing activities: (₹1,481.02) lakhs
Consolidated Half Year Ended September 30, 2026:
- Net cash flow from operating activities: ₹564.39 lakhs
- Net cash used in investing activities: ₹917.77 lakhs
- Net cash from financing activities: (₹1,481.02) lakhs