Nilkanth Engineering Limited (NEL) has announced its unaudited financial results for the quarter and half-year ended September 30, 2025, revealing a mixed performance with a standalone loss but a consolidated profit.

Standalone Performance

On a standalone basis, NEL reported:

• A net loss of ₹6.96 crore for the quarter
• Total income of ₹6.00 crore
• Total expenses of ₹12.96 crore

For the half-year period, standalone operations recorded a loss of ₹15.64 crore.

Consolidated Results

The consolidated results, which include three associate companies (Jatayu Textiles & Industries Limited, Sushree Trading Limited, and Osiris Online Private Limited), showed a more positive outcome:

• Net profit of ₹74.82 crore for the quarter
• Consolidated profit of ₹130.06 crore for the half-year period

The consolidated profit was primarily driven by a share of profit from associates amounting to ₹83.76 crore for the quarter.

Financial Highlights

Other Key Points

• The company's paid-up equity share capital remained at ₹124.50 crore with a face value of ₹10 per share.
• The results were reviewed by the audit committee and approved by the board of directors at their meeting held on November 11, 2025.
• The consolidated results include a share of profit from associates amounting to ₹83.75 crore and ₹146.24 crore for the quarter and half-year ended September 30, 2025, respectively.
• The consolidated statement also includes a share of Other Comprehensive loss amounting to ₹70.77 crore and ₹166.57 crore for the quarter and half-year ended September 30, 2025, respectively.

Management Commentary

While the company has not provided specific management commentary, the significant difference between standalone and consolidated results highlights the importance of NEL's associate companies in its overall financial performance.

Auditor's Review

PKJ & CO., the statutory auditors, have conducted a limited review of the financial results. They stated that nothing has come to their attention that causes them to believe that the financial results have not been prepared in accordance with applicable accounting standards and other recognized accounting practices and policies.

Investors and stakeholders should note that while the standalone performance shows challenges, the consolidated results demonstrate the company's strength through its associate entities. The company's ability to leverage its investments in associate companies appears to be a key factor in its overall financial health.

Nilkanth Engineering Limited has released its financial results for the first quarter, showcasing a mixed performance across its standalone and consolidated operations.

Consolidated Performance

On a consolidated basis, Nilkanth Engineering reported a significant increase in net profit for Q1. The company's consolidated net profit stood at ₹55.80 crore, compared to ₹23.09 crore in the same quarter of the previous year. This substantial growth was primarily attributed to the share of profit from associates, which amounted to ₹62.48 crore.

The consolidated results include the performance of three associate companies: Jatayu Textiles & Industries Limited, Sushree Trading Limited, and Osiris Online Private Limited.

Standalone Results

On a standalone basis, Nilkanth Engineering's performance showed signs of improvement, albeit still in loss-making territory. The company reported a narrowed net loss of ₹6.68 crore, compared to a loss of ₹6.82 crore in the corresponding quarter of the previous year.

Revenue and Expenses

The company's total income for the quarter remained stable at ₹5.99 crore, consisting entirely of other income with no revenue from operations. Total expenses stood at ₹12.68 crore, which included:

• Employee benefits expenses: ₹1.73 crore
• Depreciation: ₹8.10 crore
• Other expenses: ₹2.85 crore

Earnings Per Share

The earnings per share (EPS) for the quarter showed contrasting results:

Other Comprehensive Income

The company reported a significant Other Comprehensive Loss, primarily due to fair value measurement on investments:

Management Commentary

Shiksha Agrawal, Managing Director of Nilkanth Engineering Limited, approved the financial results along with the Board of Directors. The company maintains its focus on fund-based leasing and financing activities as its primary business segment.

Auditor's Review

PKJ & CO., the statutory auditors, conducted a limited review of the financial results and issued an unqualified review report for both standalone and consolidated financials.

Nilkanth Engineering Limited continues to navigate challenging market conditions, with its consolidated performance bolstered by its associate companies while working to improve its standalone operations.