Futuristic Solutions has released its financial results for the second quarter of fiscal year 2026, showing a reduction in net loss despite a decrease in total income. The company's Board of Directors approved these unaudited financial results in a meeting held on November 13, 2025.

Financial Performance Highlights

Key Financial Details

Futuristic Solutions reported a net loss of ₹0.79 lakhs for the quarter ended September 30, 2025, a significant improvement from the ₹2.08 lakhs loss in the previous quarter. However, the company's total income decreased to ₹26.14 lakhs from ₹30.82 lakhs in the prior quarter, marking a 15.18% decline.

The revenue from operations stood at ₹3.08 lakhs, which included interest income of ₹0.09 lakhs and realization of claims amounting to ₹14.50 lakhs. The company's total expenses for the quarter were ₹28.18 lakhs, with employee benefit expenses being the largest component at ₹6.20 lakhs.

Balance Sheet Snapshot

As of September 30, 2025, Futuristic Solutions reported total assets of ₹1,580.09 lakhs. The company maintained a strong liquidity position with cash and cash equivalents of ₹674.63 lakhs.

Audit Review

The statutory auditors, M/S Mahesh Yadav & Co., Chartered Accountants, have issued a Limited Review Report with an unmodified opinion on the unaudited financial statements for the quarter and half-year ended September 30, 2025. This indicates that the auditors did not find any material misstatements or issues that would require modifications to the financial results.

Financial Outlook

The reduction in net loss despite lower income suggests potential improvements in cost management or operational efficiency. However, the decline in total income may warrant attention in the coming quarters.

Futuristic Solutions Limited has made a strategic move by acquiring a significant stake in Diana Euro-Chem Private Limited, a real estate and claims settlement company. The board of Futuristic Solutions approved the purchase of 250 equity shares, representing an 11.96% stake in Diana Euro-Chem, for a total consideration of ₹6,79,61,250.

Transaction Details

Company Background and Rationale

Diana Euro-Chem Private Limited, incorporated on March 23, 1999, operates in the real estate and settlement of claims business. The company's financial performance over the past three years has been as follows:

The nil turnover in FY 2024-25 was attributed to disputes that have since been resolved through a memorandum of settlement signed on October 3, 2025.

Futuristic Solutions expects significant returns from this investment, citing two main factors:

1. Anticipated real estate development in the area where Diana Euro-Chem holds land parcels.
2. The upcoming inauguration of the New Delhi-Dehradun Highway, expected to reduce travel time between the two cities from 6 hours to less than 3 hours.

Regulatory Compliance

The board of Futuristic Solutions has confirmed that the transaction:

• Falls within the company's main objectives
• Does not require shareholder approval
• Is not a related party transaction
• Does not exceed applicable thresholds under Section 186 of the Companies Act, 2013

Additional Board Resolutions

In addition to approving the share purchase, the board has resolved to:

1. Regularize the transaction in the company's books of accounts
2. Update previous disclosures to the Stock Exchange regarding regulatory compliance
3. Reopen past settlement matters with Diana Euro-Chem to seek fair compensation through negotiations, mediation, or arbitration

This strategic investment by Futuristic Solutions Limited appears to be aimed at capitalizing on potential real estate value appreciation, particularly in light of upcoming infrastructure developments. The company's decision to revisit past settlements also suggests a proactive approach to maximizing the value of its investment.