Board approves Q2 and H1 results; auditor review conclusion not qualified
Board approved the unaudited standalone and consolidated results for the quarter and half year ended September 30, 2026, on the Audit Committee's review and recommendation.
By ScoutQuest · · 2 min read
| Line item | Latest | Year ago | YoY | Prev qtr | QoQ |
|---|---|---|---|---|---|
| Revenue from operations | 12.42 | 449.00 | −97.2% | 133.48 | −90.7% |
| Total income | 32.04 | 484.33 | −93.4% | 156.20 | −79.5% |
| Profit before tax | 2.39 | 5.51 | −56.6% | 4.05 | −41% |
| Profit after tax | 2.39 | 5.51 | −56.6% | 4.05 | −41% |
| Total comprehensive income | 2.39 | 5.51 | −56.6% | 4.05 | −41% |
| Basic EPS | 0.001 | 0.005 | −80% | 0.002 | −50% |
- Total Income YoY Change
- Year ago 484.33 (-93.4%)
- Profit After Tax YoY Change
- Latest 2.39; Year ago 5.51 (-56.6%)
- Period
- Quarter Ended 30/09/2026
Auditor's review
Conclusion: Unmodified
- Results for quarter/half year ended 30 Sep 2025, year ended 31 Mar 2026 and quarter ended 30 Jun 2026 were reviewed/audited by the predecessor auditor, who issued unmodified opinions; conclusion not qualified.
- Interim financial information of subsidiary Adzillow Private Limited has not been reviewed/audited by its auditor and was furnished by management; conclusion relies solely on it.
Notes to the results
- Figures for the quarter ended 30th September 2026 represent the balance between unaudited half-year figures and those published for the first quarter.
What the board approved
Ashinsha Industries Ltd's Board of Directors approved the unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2026, on the review and recommendation of the Audit Committee. These are reviewed, not audited, numbers: the auditors carried out a limited review, which gives moderate assurance and is not an audit opinion.
Standalone results (Rs. in lakhs)
- Revenue from operations for the quarter: 12.43
- Profit / (Loss) for the period from continuing operations for the quarter: 1.78
Consolidated results (Rs. in lakhs)
- Revenue from operations for the quarter: 12.42, against 449.00 in the same quarter a year earlier.
- Total income for the quarter: 32.04, which also includes other income.
- Profit / (Loss) for the period from continuing operations for the quarter: 2.39, against 5.51 in the same quarter a year earlier.
- Profit / (Loss) for the period from continuing operations for the half year: 6.44.
- The consolidated statement includes one subsidiary, Adzillow Private Limited (formerly known as EZI Ventures Private Limited). Its interim financial information was not reviewed or audited by its auditor and was furnished by the holding company's management.
Auditor's review
Keyur Bavishi & Co., Chartered Accountants, issued limited review reports on both the standalone and consolidated statements. Based on the review, nothing came to their attention that causes them to believe the statements contain a material misstatement or fail to disclose what is required under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Their conclusion is not qualified. The one matter they drew attention to: the figures for the quarter and half year ended September 30, 2025, the year ended March 31, 2026 and the quarter ended June 30, 2026 were issued by the predecessor auditor, who issued an unmodified opinion on those results.
Other points from the statements
- Segment reporting lists steel trading as the segment that earned revenue for the quarter, alongside a trading of goods segment and an 'Others' line.
- The consolidated statement carries the same board approval date and management sign-off as the standalone statement.
- Both statements say the limited review was carried out by the statutory auditors and that the review does not contain any observation that could have an impact on the results for the quarter ended September 30, 2026.
Also from Ashnisha Industries
Board meeting on November 05, 2026 to consider September quarter results
28 Oct 2026
More numbers
- Standalone revenue from operations, quarter ended 30/09/2026 (Rs. in lakhs)12.43
- Standalone profit for the period from continuing operations, quarter ended 30/09/2026 (Rs. in lakhs)1.78
- Consolidated profit for the period from continuing operations, six months ended 30/09/2026 (Rs.…6.44
- Total income, latest quarter32.04 (Rs. In Lakhs)
- Total income, year-ago quarter484.33 (Rs. In Lakhs)
- Total income, previous quarter156.20 (Rs. In Lakhs)
- Total comprehensive income, latest quarter2.39 (Rs. In Lakhs)
- Total comprehensive income, year-ago quarter5.51 (Rs. In Lakhs)
- Total comprehensive income, previous quarter4.05 (Rs. In Lakhs)
- Profit after tax, latest quarter2.39 (Rs. In Lakhs)
- Profit after tax, year-ago quarter5.51 (Rs. In Lakhs)
- Profit after tax, previous quarter4.05 (Rs. In Lakhs)
- Revenue from operations, latest quarter12.42 (Rs. In Lakhs)
- Revenue from operations, year-ago quarter449.00 (Rs. In Lakhs)
- Revenue from operations, previous quarter133.48 (Rs. In Lakhs)
- Profit before tax, latest quarter2.39 (Rs. In Lakhs)
- Profit before tax, year-ago quarter5.51 (Rs. In Lakhs)
- Profit before tax, previous quarter4.05 (Rs. In Lakhs)
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