Key Financial Figures (Amounts in ₹ Lakhs)

Quarter Ended September 30, 2026:

  • Revenue from operations: ₹14,863.64
  • Total income: ₹14,864.47
  • Total expenses: ₹13,977.91
  • Profit before tax: ₹886.56
  • Current tax expense: ₹223.13
  • Deferred tax: ₹0.25
  • Tax from earlier years: ₹7.71
  • Net profit from continuing operations: ₹671.39
  • Total comprehensive income: ₹671.39
  • Basic and diluted EPS: ₹12.04

Half-Year Ended September 30, 2026:

  • Revenue from operations: ₹29,055.74
  • Total income: ₹29,056.57
  • Total expenses: ₹27,379.68
  • Profit before tax: ₹1,676.89
  • Current tax expense: ₹422.04
  • Deferred tax: ₹0.25
  • Tax from earlier years: ₹7.71
  • Net profit from continuing operations: ₹1,262.81
  • Total comprehensive income: ₹1,262.81
  • Basic and diluted EPS: ₹22.67

Balance Sheet Position as at September 30, 2026:

  • Total assets: ₹10,923.61 lakhs (vs. ₹183.18 lakhs as at March 31, 2026)
  • Property, plant and equipment: ₹71.56 lakhs
  • Inventories: ₹302.37 lakhs
  • Trade receivables: ₹10,331.89 lakhs
  • Cash and cash equivalents: ₹137.63 lakhs
  • Total equity: ₹1,358.67 lakhs
  • Trade payables: ₹9,106.08 lakhs
  • Current tax liabilities: ₹442.18 lakhs

Audit Qualification

The statutory auditor, Kapil Kumar Agarwal & Associates, issued a qualified opinion on the financial results. The qualification has two bases:

1. Employee Benefits Accounting: The company accounts for gratuity and leave encashment on a cash basis, which is not in accordance with Ind AS 1 (Presentation of Financial Statements) and Ind AS 19 (Employee Benefits). The extent of the financial impact of this non-compliance is not ascertainable.

2. Business Discontinuation: The company discontinued its chemical manufacturing and trading operations in the previous financial year (2025-26). Effective January 1, 2026, the company changed its business objective to Information Technology and IT Enabled Services (IT & ITES) and Trading of Agriculture Produces. The auditor notes that the financial results for the current period are presented based on information compiled by management due to this significant change.

Segment Reporting

The company has three reportable segments as per Ind AS 108:

1. IT Enabled Services: Q2 Revenue - ₹429.87 lakhs; Segment Result - ₹224.31 lakhs

2. Trading in Agriculture Produces: Q2 Revenue - ₹14,433.77 lakhs; Segment Result - ₹737.11 lakhs

3. Manufacturing of Chemical Products: This is the discontinued operation. The segment result for the comparable quarter (Q2 FY26) was a loss of ₹38.26 lakhs.

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

  • Cash flow from operating activities: ₹78.19 lakhs (inflow)
  • Cash flow from investing activities: ₹7.93 lakhs (inflow)
  • Cash flow from financing activities: ₹2.92 lakhs (inflow)
  • Net increase in cash: ₹89.05 lakhs
  • Cash and equivalents opening balance: ₹48.58 lakhs
  • Cash and equivalents closing balance: ₹137.63 lakhs

Other Key Disclosures

  • The board meeting commenced at 5:00 PM and concluded at 5:30 PM on November 4, 2026.
  • The financial results have been reviewed by the company's audit committee.
  • The statements are prepared in accordance with the Companies (Indian Accounting Standards) Rules, 2015.
  • Figures for previous periods have been regrouped and rearranged for comparability where necessary.