Quarter and half year ended September 30, 2026 results approved; new Company Secretary named
Board approved unaudited consolidated and standalone results for the quarter and half year ended September 30, 2026; the auditor's limited review found nothing indicating material misstatement.
By ScoutQuest · · 2 min read
| Line item | Latest | Year ago | YoY | Prev qtr | QoQ |
|---|---|---|---|---|---|
| Revenue from operations | 4,374.73 | 3,750.28 | +16.7% | 4,600.67 | −4.9% |
| Total income | 4,425.38 | 3,784.40 | +16.9% | 4,621.07 | −4.2% |
| Profit before tax | (2,037.57) | (891.15) | −129% | (1,320.53) | −54.3% |
| Profit after tax | (2,013.38) | (921.81) | −118% | (1,323.44) | −52.1% |
| Total comprehensive income | (2,013.38) | (921.81) | −118% | (1,323.44) | −52.1% |
| Basic EPS | (7.70) | (3.53) | −118% | (5.06) | −52.2% |
- Total income
- Latest 4,425.38; Year ago 3,784.40 (+16.9%); Prev qtr 4,621.07 (−4.2%)
- Profit after tax
- Latest (2,013.38); Year ago (921.81) (−118%); Prev qtr (1,323.44) (−52.1%)
- Period
- 30-09-2026
Also decided at the meeting
- Resignation of Mr. Mukeshkumar Sohanram Chaudhary as Company Secretary & Compliance Officer and KMP, effective close of business hours on November 3, 2026.
- Appointment of Himalay Amardas Dudharejiya as Company Secretary and Compliance Officer, KMP and Nodal Officer, effective November 3, 2026.
Auditor's review
Conclusion: Unmodified
- Other matter: results of 5 subsidiaries (total assets Rs.4425.59 Lakhs, net loss Rs. 69.99 Lakhs for the quarter) not reviewed; based on management-certified information. Conclusion not modified.
Notes to the results
- Company intimated exchange of conversion of Unsecured Inter Corporate Loan of Jhaveri Credits and Capital Limited into 8,33,700 equity shares and issue of 11,00,000 convertible warrants to Promoter group; pending BSE in-principle approval.
What the board approved
The board met on November 3, 2026 from 12:30 p.m. to 03:55 p.m. and approved the unaudited financial results (consolidated and standalone) for the quarter and half year ended September 30, 2026, as recommended by the Audit Committee.
Auditor's review conclusion
KPSJ & Associates LLP issued a limited review report on the statements, stating that nothing has come to its attention that causes it to believe the statements contain any material misstatement or fail to disclose what is required to be disclosed. The conclusion is a clean one.
How the consolidated business performed (Rs. In Lakh)
- Total Segment Revenue was 4,374.73 for the quarter ended 30-09-2026, against 3,939.15 in the quarter ended 30-09-2025; for the half year it was 8,975.40, against 7,689.43.
- Total Segment Results was -1,667.00 for the quarter ended 30-09-2026, against -368.07 in the quarter ended 30-09-2025.
- Profit for the Period / Year was -2,013.38 for the quarter ended 30-09-2026 and -3,336.82 for the half year ended 30-09-2026.
- Segment-wise, Event, Exhibitions & Hospitality revenue was 2,773.05 with a segment result of -1,853.56; Advertisement revenue was 1,601.68 with a segment result of 186.56.
- Finance Cost was 421.22 for the quarter and 832.44 for the half year.
Balance sheet snapshot (consolidated, Rs. In Lakh)
- Total Assets were 68,594.66 as at 30-09-2026, against 71,550.01 as at 31-03-2026.
- Total Equity was 43,170.56, against 46,629.72.
- Cash and Cash Equivalents were 552.39, against 1,834.14.
- Non-current Borrowings were 1,696.76 and Current Borrowings 3,425.69.
- Total Non-current Liabilities were 12,983.98 and Total Current Liabilities 12,440.12.
Change in Company Secretary
- Mukeshkumar Sohanram Chaudhary resigned from the post of Company Secretary & Compliance Officer and Key Managerial Personnel with effect from the close of business hours on November 3, 2026.
- Based on the Nomination and Remuneration Committee's recommendation, the board approved the appointment of Himalay Amardas Dudharejiya as Company Secretary and Compliance Officer, Senior Management Personnel designated as Key Managerial Personnel and Nodal Officer, with effect from November 3, 2026.
- The Key Managerial Personnel authorised to determine materiality of events and make disclosures are Vishnukumar Vitthaldas Patel (Chairman & Managing Director), Dharmendra Manilal Soni (Chief Financial Officer) and Himalay Amardas Dudharejiya (Company Secretary & Compliance Officer).
Capital action noted in the results
- During the period, the company intimated the exchange about conversion of an Unsecured Inter Corporate Loan of Jhaveri Credits and Capital Limited into 8,33,700 Equity Shares, and the issue of 11,00,000 Convertible warrants to the Promoter and Promoter Group on a preferential basis. This is pending with BSE for In-principle approval.
Also from Praveg
Board approved September quarter results; Company Secretary replaced; consolidated loss Rs. 2,013.38 lakh
3 Nov 2026
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More numbers
- Total Segment Revenue, consolidated half year ended 30-09-2026 (Rs. In Lakh)8,975.40
- Profit for the Period / Year, consolidated half year ended 30-09-2026 (Rs. In Lakh)-3,336.82
- Total Assets, consolidated as at 30-09-2026 (Rs. In Lakh)68,594.66
- Equity Shares issued on conversion of unsecured inter corporate loan8,33,700
- Convertible warrants to Promoter and Promoter Group on preferential basis11,00,000
- Total income, latest quarter4,425.38 (Rs. In Lakh)
- Total income, year-ago quarter3,784.40 (Rs. In Lakh)
- Total income, previous quarter4,621.07 (Rs. In Lakh)
- Total comprehensive income, latest quarter(2,013.38) (Rs. In Lakh)
- Total comprehensive income, year-ago quarter(921.81) (Rs. In Lakh)
- Total comprehensive income, previous quarter(1,323.44) (Rs. In Lakh)
- Profit after tax, latest quarter(2,013.38) (Rs. In Lakh)
- Profit after tax, year-ago quarter(921.81) (Rs. In Lakh)
- Profit after tax, previous quarter(1,323.44) (Rs. In Lakh)
- Revenue from operations, latest quarter4,374.73 (Rs. In Lakh)
- Revenue from operations, year-ago quarter3,750.28 (Rs. In Lakh)
- Revenue from operations, previous quarter4,600.67 (Rs. In Lakh)
- Profit before tax, latest quarter(2,037.57) (Rs. In Lakh)
- Profit before tax, year-ago quarter(891.15) (Rs. In Lakh)
- Profit before tax, previous quarter(1,320.53) (Rs. In Lakh)
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