1. Unaudited Financial Results of the Company for the quarter and half year ended 30 September, 2026

2. Independent Auditors' Limited Review Report on Financial Results

The meeting commenced at 03:30 p.m. and concluded at 04:10 p.m.

Financial Results Highlights (₹ in Lakhs)

Income Statement:

  • Total Income: Q2 FY26: ₹4.83, Q1 FY26: ₹5.34, Q2 FY25: ₹5.08
  • Total Expenses: Q2 FY26: ₹12.64, Q1 FY26: ₹7.67, Q2 FY25: ₹20.90
  • Finance Costs: Q2 FY26: ₹2.77, Q1 FY26: ₹2.73, Q2 FY25: ₹3.25
  • Profit/(Loss) before Tax: Q2 FY26: ₹(7.81), Q1 FY26: ₹(2.33), Q2 FY25: ₹(15.82)
  • Profit/(Loss) after Tax: Q2 FY26: ₹(7.61), Q1 FY26: ₹(2.33), Q2 FY25: ₹(15.82)
  • Total Comprehensive Income: Q2 FY26: ₹(7.61), Q1 FY26: ₹(2.33), Q2 FY25: ₹(15.82)
  • Earnings per share (Basic & Diluted): Q2 FY26: ₹(0.17), Q1 FY26: ₹(0.05), Q2 FY25: ₹(0.36)

Half-Yearly Performance:

  • Total Income: H1 FY26: ₹10.17, H1 FY25: ₹10.17
  • Profit/(Loss) before Tax: H1 FY26: ₹(10.14), H1 FY25: ₹(17.03)
  • Profit/(Loss) after Tax: H1 FY26: ₹(9.94), H1 FY25: ₹(17.03)
  • Total Comprehensive Income: H1 FY26: ₹(9.94), H1 FY25: ₹(17.03)

Balance Sheet Position (as at 30th September, 2026):

  • Total Assets: ₹128.15
  • Property, Plant and Equipment: ₹58.79
  • Current Assets: ₹69.36 (including Trade Receivables: ₹50.40, Cash and cash equivalents: ₹12.06)
  • Equity Share Capital: ₹444.13
  • Other Equity: ₹(1,741.82) [Negative]
  • Non-Current Liabilities: ₹898.13 (including Borrowings: ₹731.72)
  • Current Liabilities: ₹527.71

Cash Flow Statement (H1 FY26):

  • Net Cash from Operating Activities: ₹(13.79)
  • Net Cash from Investing Activities: ₹0
  • Net Cash from Financing Activities: ₹9.57
  • Net Increase/(Decrease) in cash: ₹(4.29)
  • Cash and cash equivalents at beginning: ₹16.28
  • Cash and cash equivalents at end: ₹12.06

Additional Information

  • The financial results have been prepared in accordance with Indian Accounting Standards (IND AS) notified under section 133 of the Companies Act, 2013
  • The results were reviewed by Statutory Auditors, recommended by the Audit Committee and approved by the Board of Directors
  • The company reported no operations as on period ended 30 September, 2026
  • Previous quarters/years figures have been regrouped/rearranged wherever necessary to make them comparable

Auditor's Review

PSCA & Co. (Formerly known as Parikh Shah Chotalia & Associates), Chartered Accountants (FRN: 118493W) issued a limited review report stating:

  • The review was conducted in accordance with Standard on Review Engagements (SRE) 2410
  • Based on their review, nothing has come to their attention that causes them to believe that the accompanying statement contains any material misstatement
  • The statement has been prepared in accordance with Ind AS 34 and compliance with Regulation 33 of SEBI Listing Regulations