* The Board of Directors of Shankara Building Products Limited met on November 13, 2025, to approve the Unaudited Standalone and Consolidated Financial Results for the quarter and half-year ended September 30, 2025, along with the Limited Review Report from the Statutory Auditor. * The company's Scheme of Arrangement (Demerger), which involves the demerger of the 'Trading business' to Shankara BuildPro Limited (SBL), was approved by the Hon'ble National Company Law Tribunal (NCLT), Bengaluru Bench, on August 21, 2025. The scheme became effective on September 9, 2025. * Pursuant to the demerger, SBL issued and allotted one equity share of ₹10 each for every equity share of ₹10 each held in Shankara Building Products Limited (SBPL) to shareholders whose names appeared on the register of members as of the record date, September 24, 2025. * The financial figures for the quarter and half-year ended September 30, 2025, have been restated by management to reflect only the remaining business of the demerged company, making them not comparable with previously published results. * Consolidated Financial Highlights for Q2 FY26 (ended September 30, 2025): * Revenue from Operations stood at ₹279.91 crore, down from ₹337.29 crore in the same quarter last year. * Profit before tax was a loss of ₹5.92 crore, compared to a profit of ₹1.89 crore in Q2 FY25. * Profit for the period was a loss of ₹5.16 crore, a significant decline from a profit of ₹0.86 crore in Q2 FY25. * Basic Earnings Per Share (EPS) was ₹(2.13), down from ₹0.33 in Q2 FY25. * Standalone Financial Highlights for Q2 FY26 (ended September 30, 2025): * Total income was ₹0.32 crore. * Profit before tax was a loss of ₹6.43 crore, compared to a loss of ₹0.75 crore in Q2 FY25. * Profit for the period was a loss of ₹5.55 crore, an increase from a loss of ₹1.10 crore in Q2 FY25. * Basic Earnings Per Share (EPS) was ₹(2.29), further declining from ₹(0.45) in Q2 FY25.
