FGP has announced its unaudited financial results for the quarter and half-year ended September 30, 2025, showcasing a notable improvement in profitability and financial position.

Financial Highlights

Key Performance Insights

FGP demonstrated a strong financial performance in the second quarter of FY2026:

1. Revenue Growth: The company's revenue from operations increased to ₹6.55 lakhs in Q2 FY2026, up from ₹6.15 lakhs in the same quarter last year, representing a 6.5% year-on-year growth.

2. Profit Surge: Net profit for Q2 FY2026 stood at ₹5.00 lakhs, compared to ₹6.14 lakhs in Q2 FY2025. While this shows a slight decrease, it's important to note the significant quarter-on-quarter improvement from ₹27.32 lakhs in Q1 FY2026.

3. Half-Yearly Performance: For H1 FY2026, FGP reported a total income of ₹79.94 lakhs, up from ₹71.31 lakhs in H1 FY2025, marking a 12.1% increase. The net profit for H1 FY2026 was ₹32.32 lakhs, slightly lower than the ₹34.61 lakhs reported in H1 FY2025.

4. Earnings Per Share: The basic and diluted EPS for Q2 FY2026 stood at ₹0.04, while for H1 FY2026, it was ₹0.27.

Balance Sheet Strengthening

As of September 30, 2025, FGP's balance sheet showed notable improvements:

• Total Assets: Increased to ₹401.35 lakhs from ₹364.63 lakhs as of March 31, 2025.
• Investments: Rose to ₹309.61 lakhs from ₹298.65 lakhs.
• Cash Position: Significantly improved with cash and cash equivalents reaching ₹67.14 lakhs, up from ₹2.47 lakhs at the end of the previous fiscal year.

Management Commentary and Outlook

The Board of Directors approved these unaudited financial results at their meeting held on October 13, 2025. The statutory auditors, MVK Associates, have issued an unmodified conclusion on the financial results, affirming the company's adherence to accounting standards and regulatory requirements.

FGP continues to operate in a single segment identified as the Business Centre, as per Ind AS 108 requirements. The company's focus on this segment appears to be yielding positive results, as evidenced by the improved financial metrics.

Conclusion

FGP's Q2 FY2026 results reflect a company on a growth trajectory, with improved operational performance and a strengthened financial position. The significant increase in cash and cash equivalents, along with steady revenue growth, positions the company well for future opportunities and challenges in the Business Centre segment.

Investors and stakeholders may find encouragement in the company's ability to maintain profitability and improve its balance sheet position amidst the evolving business landscape. As FGP continues to focus on its core business segment, market observers will be keen to see how these positive trends translate into long-term value creation for shareholders.

FGP Limited , a Mumbai-based company, has announced the receipt of a significant income tax refund amounting to Rs. 52.57 lakh for the Assessment Year 2006-07. The refund, which includes interest, was credited to the company on August 25, following an order that gave effect to a ruling by the Hon'ble Income Tax Appellate Tribunal (ITAT).

Refund Details

The company disclosed that the refund of Rs. 52,56,617 (Rupees Fifty-Two Lakh Fifty-Six Thousand Six Hundred Seventeen Only) was received on August 25. This amount encompasses both the principal refund and the accrued interest for the Assessment Year 2006-07.

Regulatory Compliance

In compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, FGP Limited promptly informed the BSE Limited about this development. The disclosure was made through an official communication signed by Sapna Dubey, the Chief Financial Officer of the company.

Impact and Significance

While the company has not provided specific details on how this refund will be utilized, such inflows can potentially strengthen a company's financial position. For FGP Limited, this refund represents a positive outcome in its dealings with tax authorities and may contribute to its cash reserves.

About FGP Limited

FGP Limited, with its registered office at Commercial Union House, 9 Wallace Street, Fort, Mumbai, is a publicly listed company on the BSE. The company operates under the CIN: L26100MH1962PLC012406.