Virya Resources Limited (formerly Gayatri Tissue and Papers Ltd) has released corrected unaudited financial results for the quarter and half-year ended September 30, 2025, addressing typographical errors in the original filing dated November 11, 2025.

Financial Performance

The company reported zero revenue from operations for both the quarter and half-year periods. The consolidated financial results show:

Key Highlights

• The company continues to operate without generating revenue from its core operations.
• Total expenses for Q2 FY2026 stood at Rs. 4.35 lakhs, lower than the previous quarter but higher than the same period last year.
• The net loss for the quarter was Rs. 4.34 lakhs, compared to a profit of Rs. 7.79 lakhs in Q2 FY2025.
• The half-yearly loss increased to Rs. 14.93 lakhs, reflecting continued financial challenges.

Balance Sheet Overview

As of September 30, 2025:

• Total assets stood at Rs. 676.35 lakhs, slightly lower than Rs. 681.44 lakhs reported a year ago.
• Shareholder's equity, including reserves and surplus, decreased to Rs. 528.31 lakhs from Rs. 560.39 lakhs in the previous year.
• The company reported cash and cash equivalents of Rs. 2.00 lakhs, down from Rs. 2.06 lakhs a year earlier.

Cash Flow Statement

The consolidated cash flow statement reveals:

• Net cash used in operating activities: Rs. (7.86) lakhs
• Net cash from financing activities: Rs. 7.67 lakhs
• Overall decrease in cash and cash equivalents: Rs. (0.19) lakhs

Management Comments

The company did not provide specific management comments in the financial release. However, the board of directors approved these results in their meeting held on November 11, 2025.

Outlook

Virya Resources Limited continues to face challenges with no operational revenue and ongoing losses. The company's ability to generate income and manage expenses will be crucial for its future performance.

The company's subsidiary, PT Virya Resources Indonesia, is included in these consolidated results, indicating the group's international presence. However, the impact of this subsidiary on the overall financial performance is not clearly detailed in the provided information.

Virya Resources Limited, formerly known as Gayatri Tissue and Papers Ltd, has announced a significant change in its corporate leadership. The company has appointed Mr. B S Bhaskar as its new Company Secretary and Compliance Officer, effective October 15, 2025.

Appointment Details

The appointment was made by the Executive Committee of the company, as disclosed in a regulatory filing to the Bombay Stock Exchange (BSE). Here are the key details of the appointment:

Professional Background

Mr. Bhaskar brings a wealth of experience to his new role at Virya Resources Limited. His professional background includes:

• Associate membership of the Institute of Company Secretaries of India
• 30 years of experience in secretarial compliances and public issues
• Expertise in statutory compliance, corporate governance, corporate litigation, and shareholders communication

Company Information

Virya Resources Limited, listed on the BSE with the company code 512479, is headquartered in Mumbai, Maharashtra. The company's registered office is located at No: 137(Part 2), Andheri Industrial Estate, Veera Desai Road, Andheri West, Mumbai – 400 053, while its corporate office is situated in Hyderabad.

This appointment aligns with the company's commitment to maintaining strong corporate governance practices and ensuring compliance with regulatory requirements. Mr. Bhaskar's extensive experience is expected to contribute significantly to Virya Resources Limited's secretarial and compliance functions.

The company made this announcement in accordance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, demonstrating its adherence to regulatory transparency and timely disclosure of material information to stakeholders.