Board approves Q2 and H1 results; auditor's limited review conclusion unmodified
Board meeting on 5 November 2026 approved the unaudited standalone and consolidated financial results for the quarter and half year ended 30 September 2026.
By ScoutQuest · · 2 min read
| Line item | Latest | Year ago | YoY | Prev qtr | QoQ |
|---|---|---|---|---|---|
| Revenue from operations | 1,063.40 | 952.50 | +11.6% | 1,616.12 | −34.2% |
| Total income | 1,076.01 | 953.94 | +12.8% | 1,623.72 | −33.7% |
| Profit before tax | 77.77 | 81.22 | −4.2% | 130.03 | −40.2% |
| Profit after tax | 69.70 | 105.98 | −34.2% | 108.31 | −35.6% |
| Total comprehensive income | 68.19 | 91.96 | −25.8% | 113.58 | −40% |
| Basic EPS | 5.41 | 10.11 | −46.5% | 12.07 | −55.2% |
- PAT YoY change
- Year ago 105.98 (−34.2%)
- Period
- Quarter ended 30/09/2026
Auditor's review
Conclusion: Unmodified
What the board approved
- The unaudited standalone and consolidated financial results for the quarter and half year ended 30 September 2026.
- The Limited Review Reports (standalone and consolidated) dated 5 November 2026 issued by statutory auditors M/s. P A R K & Co. were taken on record.
- A press release for the quarter ended 30 September 2026, also placed on the company website.
Auditor's review conclusion
The auditor states that nothing has come to its attention that causes it to believe the statements contain any material misstatement or have failed to disclose information required under Regulation 33. The conclusion is unmodified for both standalone and consolidated results. A limited review is not a full audit and gives moderate, not absolute, assurance. The auditor also notes that three subsidiaries were not reviewed by their auditors; their total assets were Rs. 1.17 crore and net loss Rs. 13.28 crore for the quarter and Rs. 13.32 crore for the half year, and the conclusion is not modified for this.
Consolidated results (Rs. in crore)
- Income from operations: 1,063.40 for the quarter; 2,679.52 for the half year.
- Total income: 1,076.01 for the quarter; 2,699.73 for the half year.
- Profit for the period: 69.70 for the quarter; 178.01 for the half year.
- Basic and diluted EPS: 5.41 for the quarter; 17.48 for the half year.
Standalone results (Rs. in crore)
- Income from operations: 77.47 for the quarter; 188.10 for the half year.
- Total income: 89.56 for the quarter; 205.21 for the half year.
- Profit for the period: 11.29 for the quarter; 36.07 for the half year.
- Basic and diluted EPS: 1.18 for the quarter; 3.78 for the half year.
Quarter-on-quarter (Rs. in crore)
- Consolidated income from operations was 1,616.12 in the quarter ended 30 June 2026 and 1,063.40 in the quarter ended 30 September 2026.
- Consolidated profit for the period was 108.31 and 69.70 in the same two quarters.
- Standalone income from operations was 110.63 and 77.47; standalone profit for the period was 24.78 and 11.29.
Balance sheet (Rs. in crore)
- Consolidated total assets: 4,777.93 as at 30 September 2026 against 4,698.08 as at 31 March 2026.
- Standalone total assets: 795.14 against 777.44.
- Consolidated other equity: 1,781.81; consolidated non-current borrowings 1,007.15 and current borrowings 415.84.
Cash flow, half year (Rs. in crore)
- Consolidated net cash from operating activities: 188.36, compared with 266.48 in the same half of the previous year.
- Standalone net cash from operating activities: 15.54, compared with 12.21.
- Consolidated cash and cash equivalents at end of the half year: 377.91.
Other details
- The company has one primary reportable segment — minerals, its derivative products and related services — so separate segment information is not given.
- Investor complaints for the quarter: received 0, resolved 0, unresolved 0.
- Paid-up equity share capital: 95,526,098 shares of Rs. 2 each.
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More numbers
- Standalone income from operations, quarter ended 30 Sep 202677.47
- Standalone profit for the period, quarter ended 30 Sep 202611.29
- Consolidated profit for the period, half year ended 30 Sep 2026178.01
- Standalone profit for the period, half year ended 30 Sep 202636.07
- Total income, latest quarter1,076.01 (₹ in crores)
- Total income, year-ago quarter953.94 (₹ in crores)
- Total income, previous quarter1,623.72 (₹ in crores)
- Total comprehensive income, latest quarter68.19 (₹ in crores)
- Total comprehensive income, year-ago quarter91.96 (₹ in crores)
- Total comprehensive income, previous quarter113.58 (₹ in crores)
- Profit after tax, latest quarter69.70 (₹ in crores)
- Profit after tax, year-ago quarter105.98 (₹ in crores)
- Profit after tax, previous quarter108.31 (₹ in crores)
- Revenue from operations, latest quarter1,063.40 (₹ in crores)
- Revenue from operations, year-ago quarter952.50 (₹ in crores)
- Revenue from operations, previous quarter1,616.12 (₹ in crores)
- Profit before tax, latest quarter77.77 (₹ in crores)
- Profit before tax, year-ago quarter81.22 (₹ in crores)
- Profit before tax, previous quarter130.03 (₹ in crores)
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