FROG2025-04-012025-09-30FROG2025-09-30FROG2025-03-31FROG2025-04-012025-09-30in-capmkt:OtherExpenses1MemberFROG2025-04-012025-09-30in-capmkt:OtherExpenses2Memberiso4217:INRxbrli:pureiso4217:INRxbrli:shares000000FROGNOTLISTEDINE385O01018FROG INNOVATIONS LIMITEDSMEEquity2025-04-012026-03-312025-11-132025-11-05INRLakhsHalf YearlyHalf yearlySingle segmentManufacturing and installation of in-building coverage solutions and mobile network accessories for mobile service providers and operators2025-11-1315:15:002025-11-1316:00:00trueCash Flow IndirectNot applicable2025-04-012025-09-30UnauditedConsolidated549341000281380005774790003289670000-469920001018290005406000240680001600270005733050004174000-240004150000041500006209000814300014352000-10202000000-1020200000-1020200015554300010-0.66-0.66000Notes on Consolidated Financial Results : <BR> <BR> 1 The consolidated unaudited financial results for the half year ended on September 30th, 2025, have been reviewed and recommended by the Audit Committee. These results were subsequently approved by the Board of Directors of the Company during their respective meetings held on November 13th, 2025. <BR> 2 The Statutory Auditors of the Company have carried out Limited Review of these results and the unaudited consolidated financial Results have been prepared in accordance with the recognition and measurement principles laid down in the Relevant Accounting Standard prescribed under Section 133 of the Companies Act, 2013 read with the relevant rules thereunder and the terms of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended from time from time. <BR> 3 The statement of unaudited consolidated financial results includes the results of Frog Innovations Limited ('the Holding Company' or 'the Parent') and the following subsidiaries (Parent and Subsidiaries collectively referred to as 'the Group' hereunder): <BR> Subsidiaries % of ownership as at <BR> 30th September 2025 % of ownership as at <BR> 31st March 2025 <BR> i Frog Services Private Limited 100 100 <BR> ii Frog Tele Private Limited 100 100 <BR> iii GORF UK Limited 100 100 <BR> <BR> *The financial statements of GORF UK Limited are considered for consolidation as certified by the management. <BR> 4 The Board of Directors of the holding company approved the Employee Stock Purchase Scheme 2023 (ESPS) during the Board Meeting held on May 28th, 2023, and the same scheme was subsequently approved by members during the Annual General Meeting held on August 8th, 2023. During the half year period ended September 30th, 2025, the company issued 25,400 shares of the holding company to the employees of the holding company and its subsidiaries. The total ESPS compensation expenses in the half year period ended March 31st, 2025, amounted to Rs. 58.11 Lakhs. <BR> 5 The holding company has changed its name from “Frog Cellsat Limited” to “Frog Innovations Limited.” The change was approved by the Registrar of Companies and became effective on 27th October 2025. <BR> 6 The R&D Expenditure of Rs. 135.94 Lakhs has been capitalised during the half-year ended September 30th, 2025, based on management's judgement. <BR> 7 In view of improved sales trends for repeaters, longer procurement lead times, and stringent customer delivery timelines, maintaining adequate inventory levels is essential. With enhanced inventory controls and reduced obsolescence risk, management has reduced provision as a fair reflection of the realizable value of inventory. Accordingly, there is a reversal of provision against inventories amounting to Rs. 228.14 Lakhs during the current period. <BR> 8 As per the PLI approval letter dated October 31, 2022, the holding company is required to achieve eligible incremental sales of Rs.48 crores for FY 2025–26 to qualify for the PLI incentive. As the sales target has not been achieved as of September 30, 2025, no PLI income has been recognized. <BR> 9 Previous Year / Period figures have been recasted/regrouped/reclassified wherever considered necessary to make it comparable with the current period. <BR> 10 No dividends were declared by the company during the period ended September 30th, 2025. <BR> 11 No Investor's complaints were recorded or received during the year ended September 30th, 2025. <BR> 12 The results of the company are available at the Company's website and website of stock exchange where the Equity shares of the Company are listed (www.nseindia.com). <BR> Installation expenses81170000Other Expenditure788570001555430001439823000015953660000703930002372400094117000561790008784700012223200021007900044568000702000031784600020073290008763160000637760000100930000950185000516000102900003295700011616000996303000035769100044162100051442000073764000865080001011026000200732900002406800000-1000000-1424300009826000-16398000349139000-15475000-93714000-6281000021727100022709700023124700000044974000-30001862700000018627000000000000012163700000301900000010008320000-19170000-12574000000-12574000025400000702820001458610000482100000-8014600000-80146000-196160000-196160007105800051442000