Sagar Diamonds Limited reports reduced loss in H1 FY26 amid operational halt

Sagar Diamonds Limited reported a net loss of ₹0.94 lakh for H1 FY26, significantly lower than the ₹182.91 lakh loss in H1 FY25. With operations suspended due to regulatory restrictions, the company generated ₹34.50 lakh from other income while maintaining strong cash reserves of ₹1,902.63 lakh. Total expenses declined 83% to ₹35.44 lakh, demonstrating effective cost management during the operational halt.

Sagar Diamonds Limited has announced its unaudited financial results for the half year ended September 30, 2025, revealing a significantly reduced net loss compared to the previous year. The company reported a net loss of ₹0.94 lakh for H1 FY26, marking a substantial improvement from the ₹182.91 lakh loss recorded in the corresponding period of the previous year.

The company’s earnings per share improved significantly, with basic and diluted EPS at ₹-0.01 for H1 FY26 compared to ₹-1.45 in the corresponding period of the previous year. This improvement reflects the reduced losses during the current period despite the absence of operational revenue.