Eureka Industries Limited , a Gujarat-based company, has released its financial results for the second quarter of the fiscal year 2025-26, revealing a significant downturn in its revenue and profitability. The company's performance shows a notable decline across key financial metrics, reflecting challenging market conditions.

Revenue and Profitability

The company's financial performance for Q2 FY26 and H1 FY26 is summarized in the following table:

All financial figures in ₹ crore, except Net Profit which is in ₹ crore for Q2 FY26 and Q1 FY26

Eureka Industries experienced a sharp 62.32% quarter-on-quarter decline in revenue from operations, which fell to ₹29.21 crore in Q2 FY26 from ₹75.40 crore in the previous quarter. The half-yearly figures also indicate a significant year-on-year decrease of 33.87% in revenue, with H1 FY26 recording ₹67.71 crore compared to ₹102.39 crore in H1 FY25.

The company's net profit for Q2 FY26 stood at ₹0.25 crore, down 25.07% from ₹0.33 crore in the previous quarter. This decline in profitability, although substantial, was not as severe as the drop in revenue, suggesting some level of cost management by the company.

Expense Management

Total expenses for Q2 FY26 were reported at ₹20.99 crore, a significant reduction of 71.67% compared to ₹74.08 crore in Q1 FY26. This substantial decrease in expenses, which outpaced the decline in revenue, indicates that the company may have implemented cost-cutting measures to mitigate the impact of reduced sales on its bottom line.

Liquidity Position

Despite the overall decline in financial performance, Eureka Industries reported an improvement in its cash position. The company's cash and cash equivalents increased to ₹0.27 crore from ₹0.25 crore at the beginning of the period, representing a modest improvement in liquidity.

Corporate Governance

The quarterly results were reviewed by the Audit Committee and subsequently approved by the Board of Directors in their meeting held on November 5, 2025. This process ensures compliance with regulatory requirements and maintains transparency in financial reporting.

The company has also confirmed that it will submit the integrated filing of financials in XBRL format, as per the SEBI circular dated December 31, 2024, demonstrating its commitment to regulatory compliance and transparency.

As Eureka Industries navigates through these challenging times, stakeholders will be keenly watching how the company plans to address the significant revenue decline and what strategies it may employ to improve its financial performance in the coming quarters.

Eureka Industries held a crucial board meeting on August 5, 2025, to review and approve the company's financial performance for the first quarter of the fiscal year 2026. The meeting, which took place at the company's registered office, commenced at 12:30 PM and concluded at 01:05 PM.

Key Highlights

• The Board of Directors approved the unaudited standalone financial results for the quarter ended June 30, 2025.
• The financial results were recommended by the Audit Committee before board approval.
• A Limited Review Report accompanied the unaudited financial results.
• The company will submit integrated financial filings in XBRL format separately, in compliance with SEBI circular requirements.

Financial Disclosure Process

Eureka Industries, in adherence to Regulations 30 and 33 of the SEBI (Listing Obligations and Disclosure Requirements), 2015, has taken the necessary steps to ensure transparency in its financial reporting. The approval of the Q1 FY2026 results marks an important milestone in the company's fiscal calendar.

Management Statement

Mamta, serving as the Managing Director & CFO of Eureka Industries, signed the disclosure, affirming the company's commitment to timely and accurate financial reporting. Her dual role underscores the company's integrated approach to financial management and corporate governance.

Regulatory Compliance

The company has stated that it will submit the integrated financial filings in XBRL format separately, in accordance with SEBI circular no SEBI/HO/CFD/CFD-PoD-2/CIR/P/2024/185 dated December 31, 2024. This move aligns with the regulatory body's push for standardized and machine-readable financial data, enhancing transparency and ease of analysis for investors and regulators alike.

About Eureka Industries

Eureka Industries is a public limited company with its registered office located at A-505, Titanium City Centre, Near Sachin Tower, 100 Feet Ring Road, Anandnagar, Satellite, Jodhpur Char Rasta, Ahmedabad, Gujarat. The company, with CIN L91110GJ1992PLC018524, is listed on the Bombay Stock Exchange (BSE).

Investors and stakeholders are advised to look out for the detailed financial results, which will provide insights into the company's performance for the quarter ended June 30, 2025. As the financial data is yet to be released, stakeholders should wait for the complete disclosure to make informed decisions.