BNR Udyog Limited Reports Mixed Q2 Results with Revenue Decline and Increased Cash Reserves

2 min read Updated on 12 Nov 2025, 12:17 AM

Reviewed by

Riya DeyScanX News Team

Overview

BNR Udyog Limited's Q2 FY2026 results show a 79% quarter-on-quarter revenue decline to Rs 10.93 lakhs, with a net loss of Rs 7.94 lakhs. Half-year revenue decreased to Rs 62.86 lakhs from Rs 105.16 lakhs year-over-year. Despite operational challenges, cash and cash equivalents increased significantly to Rs 332.17 lakhs from Rs 4.10 lakhs at the end of the previous fiscal year. Current investments decreased to Rs 288.25 lakhs. Both main segments, Financial Activities and Business Support Services, reported losses. Other income, including profits from asset sales, partially offset operational losses. The basic EPS for Q2 was negative Rs 0.26.

*this image is generated using AI for illustrative purposes only.

BNR Udyog Limited , a diversified company with interests in financial activities and business support services, has announced its unaudited financial results for the quarter ended September 30, 2025, revealing a mixed performance with notable changes in revenue and cash position.

Revenue and Profit

The company reported a significant decline in revenue from operations for Q2 FY2026, with figures dropping to Rs 10.93 lakhs compared to Rs 51.92 lakhs in the previous quarter. This represents a quarter-on-quarter decrease of approximately 79%. The half-year revenue stood at Rs 62.86 lakhs, down from Rs 105.16 lakhs in the corresponding period of the previous year.

BNR Udyog posted a net loss of Rs 7.94 lakhs for the current quarter, contrasting with a profit of Rs 27.63 lakhs in the previous quarter. However, for the half-year period, the company managed to record a profit of Rs 19.69 lakhs, lower than the Rs 47.96 lakhs reported in the same period last year.

Financial Position and Investments

Despite the revenue challenges, BNR Udyog's balance sheet showed some positive developments:

Particulars	As of Sept 30, 2025	As of March 31, 2025
Cash and Cash Equivalents	332.17	4.10
Current Investments	288.25	581.24

The company's cash and cash equivalents increased from Rs 4.10 lakhs at the end of the previous fiscal year to Rs 332.17 lakhs. This substantial improvement in liquidity may provide the company with a buffer against ongoing revenue challenges.

Current investments decreased from Rs 581.24 lakhs to Rs 288.25 lakhs, which could indicate a strategic shift in the company's investment approach or a reallocation of assets to improve liquidity.

Segment Performance

BNR Udyog operates in two main segments:

Financial Activities and Others
Business Support Services

For Q2 FY2026:

The Financial Activities segment reported revenue of Rs 20.92 lakhs
The Business Support Services segment generated revenue of Rs 14.42 lakhs

Both segments experienced losses, with Financial Activities reporting a loss of Rs 1.84 lakhs and Business Support Services a loss of Rs 4.45 lakhs.

Other Notable Items

The company's other income for the quarter increased to Rs 24.41 lakhs, which included:

Profit on sale of land amounting to Rs 16.23 lakhs
Profit on sale of vehicles of Rs 6.10 lakhs

These one-time gains helped offset some of the operational losses for the quarter.

Earnings Per Share

The basic earnings per share for Q2 FY2026 was negative Rs 0.26, compared to positive Rs 0.92 in the previous quarter, reflecting the company's shift from profit to loss.

Conclusion

The unaudited results were reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on November 11, 2025. As BNR Udyog navigates through this period of reduced revenue and profitability, the significant increase in cash reserves alongside declining revenues and investments suggests a potential repositioning for future opportunities or preparation for anticipated market challenges.

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