FTL : H1FY27 STANDALONE NET LOSS AT ₹1.85 CR (YOY), REVENUE DOWN 10% YOY. WEAK (On 1st Look)

• Revenue from operations ₹4.08 Cr v ₹4.54 Cr (YOY) for half year ended Sep 30, 2026. • Loss before tax ₹1.85 Cr v ₹1.84 Cr loss (YOY); finance cost ₹0.10 Cr. • Total income ₹4.13 Cr v ₹4.54 Cr (YOY); total expenses ₹5.98 Cr. • IPO proceeds ₹12.43 Cr (raised May 10, 2024): no deviation or variation in utilisation for H1FY27; ₹0.08 Cr (₹8.21 lakh) remains in ICICI escrow for general corporate purposes.

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