Aarcon Facilities532024Quarterly results

Q2 results with a clean review, a new independent director and committee reconstitution

Board approved the standalone un-audited results for the quarter ended 30th September, 2026, along with the Limited Review Report.

By ScoutQuest · Fri 30 Oct 2026, 4:37 PM IST · 3 min read

₹4.84 lakh-25.8%

2025₹6.52 lakh2026₹4.84 lakh

Profit after tax, quarter ended 30-09- (Rs in Lacs: ₹6.52 lakh (2025) and ₹4.84 lakh (2026).

Total Income (Q2, Rs Lacs): 9.36 vs 11.72 a year ago
Profit After Tax (Q2, Rs Lacs): 4.84 vs 6.52
EPS Basic & Diluted (Rs): 0.08 vs 0.11

What the board decided

Approved the standalone un-audited financial results for the quarter ended 30th September, 2026.
The Limited Review Report on those standalone results was placed before the board.
Appointed Mr. Akshay Harshvadan Sheth (DIN: 12026349) as an Additional Director (Non-Executive-Independent) with effect from October 30, 2026, subject to approval of members in the general meeting. He is to hold office as a Non-Executive Independent Director for 5 years, from October 30, 2026 to October 29, 2031.
Reconstituted the Audit Committee, Nomination and Remuneration Committee, Stakeholders Relationship Committee and Vigil Mechanism Committee, consequent to the appointment of Mr. Rajendra Manoharlal Agrawal and Mr. Akshay Harshvadan Sheth as directors with effect from 30/10/2026.

What the auditor said

The limited review was carried out by V. J. Amin & Co., Chartered Accountants. Their conclusion: based on the review, nothing has come to their attention that causes them to believe that the accompanying statement of un-audited results is not prepared in accordance with Indian Accounting Standard 34 or that it contains any material misstatement. The company separately declared an unmodified opinion for the quarter ended 30/09/2026. A limited review gives moderate assurance, not the full assurance of an audit.

Results snapshot (standalone, Rs in Lacs)

Total income: 9.36 for the quarter ended 30-09-2026, against 11.72 in the corresponding quarter of the previous year (30/09/2025).
Income from operations: 4.52, against 8.03 a year earlier; Other income: 4.84, against 3.69.
Profit before tax: 4.84, against 6.52 a year earlier.
Profit after tax: 4.84, against 6.52 a year earlier.
Six months ended 30/09/2026: Total income 17.87 and Profit after tax 7.37.
Year ended 31-03-2026 (audited): Total income 104.30 and Profit after tax 46.03.
Basic and diluted earnings per share: 0.08 for the quarter, against 0.11 in the same quarter last year.

Balance sheet (Rs in Lacs)

Total assets: 982.55 as at 30.09.2026, against 733.33 as at 31.03.2026.
Non-current borrowings: 371.06, against 120.30.
Cash and cash equivalents: 63.56, against 60.57.
Other current assets: 459.32, against 213.97.

Committee composition

All four committees now have the same members: Mr. Dhrumesh Gopal Shah as Chairperson (Independent Director), Mr. Rajendra Manoharlal Agrawal and Mr. Akshay Harshvadan Sheth as Members (Independent Directors), and Mr. Bharat Ramchandra Gupta as Member (Executive Director).

About the new director

Mr. Sheth is a post graduate in Science, with a Diploma in Sales and Marketing and an MBA in Marketing, and has over 45 years of experience in field marketing and HR. The update states he is not related to any director or KMP of the company.

Points a reader can weigh

The quarter's results carry a clean limited review conclusion, which is the auditor's formal sign-off that nothing material came to notice in the review.
Profitability in the quarter is lower than in the same quarter a year earlier, while 'Total income' for the six months is 17.87 and profit after tax 7.37.
The balance sheet has expanded since 31st March, 2026, with higher non-current borrowings, other current assets and cash.
The director appointment and committee reconstitution change who sits on the board and its committees; the term of the new independent director runs to October 29, 2031, subject to members' approval.

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