5445992025-07-012025-09-305445992025-09-305445992025-03-315445992025-04-012025-09-305445992025-07-012025-09-30in-capmkt:OtherExpenses1Member5445992025-04-012025-09-30in-capmkt:OtherExpenses1Member5445992025-07-012025-09-30ItemsThatWillNotBeReclassifiedToProfitAndLoss15445992025-07-012025-09-30ItemsThatWillNotBeReclassifiedToProfitAndLoss25445992025-04-012025-09-30ItemsThatWillNotBeReclassifiedToProfitAndLoss15445992025-04-012025-09-30ItemsThatWillNotBeReclassifiedToProfitAndLoss2iso4217:INRiso4217:INRxbrli:shares544599STUDDSNOTLISTEDINE00Q601028STUDDS ACCESSORIES LIMITEDMain BoardEquity2025-04-012026-03-312025-11-262025-11-19INRMillionsQuarterlySecond quarterSingle segmentHelmets and accessories2025-11-2619:45:002025-11-2620:25:00trueCash Flow IndirectNot applicable2025-07-012025-09-30UnauditedConsolidated15443700002885000015732200006602400000-1831000015864000024900005263000044527000013009600002722600000272260000652800007600006604000002062200000000206220000-2190000204030000000019677000055.245.24005.245.241. These financial results have been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34 “Interim Financial Reporting”, prescribed under Section 133 of the Companies Act, 2013 read with the Companies (Indian Accounting Standards) Rules as amended from time to time, and in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. <BR> <BR> 2. Subsequent to the quarter ended September 30, 2025, the Company has completed an initial public offering (IPO) through Offer for Sale of 7,786,120 equity shares with a face value of INR 5 each at an issue price of INR 585/- per share. The Company’s equity shares were listed on the BSE Limited (BSE) and National Stock Exchange of India Limited (NSE) on November 7, 2025. Thus, this statement of unaudited consolidated financial results for the quarter ended September 30, 2025, is prepared in compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. <BR> <BR> 3. The above consolidated financial results were reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on November 26, 2025. The statutory auditors have carried out a limited review of the results and have issued an unmodified report. <BR> <BR> 4. The consolidated financial results include the financial results of the Company’s wholly-owned subsidiary Bikerz US Inc., incorporated in the United States of America. There are no other subsidiaries, joint ventures, or associates. <BR> <BR> 5. The Group operates in a single reportable segment, i.e., manufacture and sale of helmets and accessories, in accordance with Ind AS 108 on Operating Segments. <BR> <BR> 6. Tax expense has been provided based on the estimated effective tax rate for the full financial year, applied to the profit for the period. <BR> <BR> 7. The Statement of Cash Flows for the six-month period ended September 30, 2025 has been prepared using the indirect method as prescribed under Ind AS 7. <BR> <BR> 8. There were no exceptional items, material non-recurring transactions, mergers, demergers, or changes in the Company’s structure during the quarter and six-month period ended September 30, 2025. <BR> <BR> 9. Earnings per share for the interim periods have not been annualised. <BR> <BR> 10. Previous period figures have been regrouped/reclassified wherever necessary. <BR> <BR> 11. The Un-Audited Consolidated Financial Results for the quarter and half year ended on September 30, 2025 are available on the website of the Company at www.studds.com under Investor Relations’ Section and also on the website of the concerned stock exchanges the BSE Limited at www.bseindia.com and National Stock Exchange of India Limited at www.nseindia.com. <BR> 2025-04-012025-09-30UnauditedConsolidated303656000056770000309333000012698600000-21910000316190000493000010440000087091000025443800005489500000548950000135930000434000014027000004086800000000408680000-21600004065200000000196770000510.3810.380010.3810.38Other Expenses445270000Other Expenses87091000032324500004583300004987000066700000405300000011000000125550000125660000003973540000687910000042721000081946000012301000002280000137196000002718800002331750000006305290000196770000460658000048033500000480335000033740000000647800009852000056150000188140000003428100000162860000525480000688340000209380000897720000131330000230400001070400000115913000000150194000063052900004930000-125080000-11782000000000038317000000010440000000000-2540000000-2000000-1700000024687000079582000000-29780000100000000-1630000664410000000000002000000271260000000000000000000000297800000113150000-1263300000000000021600000792000097760000493000000-1084500004296300000429630000389830000819460000Items that will not be reclassified to profit or loss-660000Foreign Currency Translation Reserve-1690000-2350000Items that will not be reclassified to profit or loss-1280000Foreign Currency Translation Reserve-1200000-2480000-160000-32000000-2190000-2160000