CSCityon Systems (India)780013Quarterly results

Board approves standalone half-year results; auditor's limited review unmodified, net loss (4.84) Rs. in lakhs

Board of Cityon Systems (India) Ltd met on 5 November 2026 (04:00 to 04:30 P.M.) and approved the unaudited standalone financial results for the half year ended 30 September 2026.

By ScoutQuest · Thu 5 Nov 2026, 5:13 PM IST · 2 min read

Net Profit/(Loss) for the period (standalone)

(4.84) Rs. in lakhs

Revenue from Operations

0.00

Prior period Net Profit/(Loss)

(4.40) Rs. in lakhs

Board meeting outcome

The board of Cityon Systems (India) Ltd met on 5 November 2026 from 04:00 P.M. to 04:30 P.M. and approved the unaudited standalone financial results for the half year ended 30 September 2026. The Statutory Auditors' Limited Review Report for the same period was taken on record. The figures were reviewed by the Audit Committee and approved by the board.

Auditor's review

• This is a limited review, not a full audit, so the auditors do not express an audit opinion.
• On the basis of the review, nothing has come to their attention that causes them to believe the statement contains a material misstatement or does not meet the required disclosure.
• The review conclusion records no qualification, adverse remark or going-concern doubt.

Results at a glance (standalone, Rs. in lakhs)

• Revenue from Operations for the half year: 0.00, the same as 0.00 in the half year ended 30 September 2025; for the year ended 31 March 2026 it was 7.52.
• Total Income: 0.00 against 0.00.
• Total expenses: 4.84 against 4.40, of which employee benefits expense was 3.48 against 3.08 and other expenses 1.36 against 1.32.
• Net Profit/(Loss) for the period: (4.84) against (4.40). The brackets denote a negative figure, i.e. a loss.
• Earnings per share (basic and diluted): 0.00 in both periods.
• The company reports a single segment of activity, trading.

Balance sheet as at 30 September 2026 (standalone, Rs. in lakhs)

• Total equity and liabilities: 3071.93, against 3076.55 as at 31 March 2026.
• Paid up equity share capital: 1712.64 (face value of Rs. 10 each), unchanged.
• Long term borrowings: 1059.04, unchanged.
• Non-current investments: 567.71; long term loans and advances: 2209.06 against 2211.06.
• Trade receivables: 105.65; cash and cash equivalents: 1.30 against 3.81.

Cash flow (Rs. in lakhs)

• Net cash from operating activities for the half year: (2.882), against (3.357) for the year ended 31 March 2026.
• Investing activities show no entries; financing activities show interest paid of (0.006).
• Cash and cash equivalents at the end of the period: 1.559, against 4.448.

How to read this

The standalone results show no revenue from operations in the half year and a net loss of 4.84 lakh, a little wider than the 4.40 lakh loss in the same half last year, with employee costs forming the bulk of expenses. Borrowings and share capital are unchanged from 31 March 2026, and the total balance sheet size is broadly flat at 3071.93 lakh. The auditor's review is unmodified. These are the reported facts for investors to weigh.

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