Speedage Commercials Limited, a company listed on the Bombay Stock Exchange (BSE: 512291), has announced its unaudited financial results for the second quarter and half-year ended September 30, 2025. The company has reported a substantial increase in profit, driven primarily by other income.

Key Financial Highlights

Quarterly Performance

Speedage Commercials has reported a significant turnaround in its quarterly performance. The company's net profit for Q2 FY2026 stood at Rs 198.02 lakhs, compared to a loss of Rs 1.77 lakhs in the previous quarter (Q1 FY2026). This represents a substantial improvement in the company's financial position.

The total income for Q2 FY2026 was Rs 267.03 lakhs, a dramatic increase from Rs 5.00 lakhs in Q1 FY2026. This surge in income was primarily attributed to other income, which accounted for the entire revenue for the quarter.

Half-Yearly Performance

For the half-year ended September 30, 2025, Speedage Commercials reported a total income of Rs 272.03 lakhs, slightly higher than the Rs 265.34 lakhs recorded in the corresponding period of the previous year. The net profit for H1 FY2026 stood at Rs 196.25 lakhs, showing a modest increase from Rs 191.45 lakhs in H1 FY2025.

Expense Management

The company has maintained tight control over its expenses. Total expenses for Q2 FY2026 were Rs 4.04 lakhs, lower than the Rs 6.64 lakhs reported in Q1 FY2026. For the half-year, total expenses amounted to Rs 10.68 lakhs, slightly higher than the Rs 9.86 lakhs in H1 FY2025.

Other Comprehensive Income

It's worth noting that Speedage Commercials reported a significant Other Comprehensive Loss of Rs 2,108.86 lakhs for Q2 FY2026, which led to a Total Comprehensive Loss of Rs 1,910.84 lakhs for the quarter, despite the positive net profit.

Balance Sheet Position

As of September 30, 2025, the company's total assets stood at Rs 15,535.33 lakhs, with non-current investments forming a significant portion at Rs 13,622.42 lakhs. The company's total equity was reported at Rs 15,500.99 lakhs.

Conclusion

While Speedage Commercials Limited has shown a strong recovery in its quarterly profit, primarily driven by other income, the significant Other Comprehensive Loss has impacted its overall financial position. Investors and stakeholders may want to seek clarification from the management on the nature of this loss and its potential impact on future performance.

The company's ability to maintain low operational expenses while generating substantial other income has contributed to its improved bottom line. However, the lack of revenue from operations might be a point of concern for long-term sustainability.

Investors are advised to conduct thorough research and consider various factors before making investment decisions.

Speedage Commercials , a Mumbai-based company, has reported its financial results for the first quarter. The company's performance shows a mixed picture with a narrowed loss and a substantial boost from other comprehensive income.

Financial Highlights

• Net loss decreased to ₹1.77 lakhs, compared to ₹5.99 lakhs in the same quarter of the previous year
• Total income rose to ₹5.00 lakhs from ₹1.02 lakhs year-over-year
• Total expenses reduced to ₹6.64 lakhs from ₹7.01 lakhs in the previous year's quarter
• Other comprehensive income of ₹1,133.35 lakhs significantly impacted the bottom line
• Total comprehensive income stood at ₹1,131.58 lakhs

Detailed Financial Performance

Key Observations

Speedage Commercials' financial results for the quarter show a significant improvement in its net loss position, narrowing from ₹5.99 lakhs in the same quarter last year to ₹1.77 lakhs. This improvement came despite a challenging operating environment, as evidenced by the absence of revenue from operations.

Other income played a crucial role in boosting the company's total income, increasing from ₹1.02 lakhs to ₹5.00 lakhs year-over-year. This increase in other income was the primary driver behind the growth in total income.

The company managed to reduce its total expenses from ₹7.01 lakhs to ₹6.64 lakhs, contributing to the narrowed loss. Speedage Commercials' efforts in cost management are evident, with employee benefits expense remaining stable at ₹2.28 lakhs compared to ₹2.23 lakhs in the previous year.

The most notable aspect of the company's financial performance was the substantial other comprehensive income of ₹1,133.35 lakhs. This significant figure led to a total comprehensive income of ₹1,131.58 lakhs, a positive outcome despite the operating loss.

Management Approval and Audit Review

The unaudited financial results were reviewed and recommended by the Audit Committee and subsequently approved by the Board of Directors in their meeting. B L Dasharda & Associates, the statutory auditors of the company, have carried out a limited review of these results in accordance with Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Conclusion

While Speedage Commercials continues to face challenges in generating revenue from operations, the company has shown improvement in controlling losses and has benefited significantly from other comprehensive income. The management's focus on cost reduction and the positive impact of other income sources have contributed to a more favorable financial position compared to the same quarter last year. Investors and stakeholders will likely be watching closely to see if the company can build on this performance and achieve operational profitability in the coming quarters.