Board approves Q2 and H1 FY27 results; auditors' limited review conclusion unmodified
Board meeting on 3rd November 2026 approved the unaudited standalone and consolidated results for the quarter and half year ended 30th September 2026, along with the balance sheet and cash flow statement.
By ScoutQuest · · 2 min read
| Line item | Latest | Year ago | YoY | Prev qtr | QoQ |
|---|---|---|---|---|---|
| Revenue from operations | 362.32 | 521.19 | −30.5% | 407.11 | −11% |
| Total income | 1055.51 | 774.57 | +36.3% | 870.01 | +21.3% |
| Profit before tax | 314.29 | 311.78 | +0.8% | 338.30 | −7.1% |
| Profit after tax | 306.79 | 296.08 | +3.6% | 323.40 | −5.1% |
| Total comprehensive income | 306.79 | 296.08 | +3.6% | 323.40 | −5.1% |
| Basic EPS | 1.23 | 1.18 | +4.2% | 1.29 | −4.7% |
- Total income
- Latest 1055.51 Lakhs; Year ago 774.57 Lakhs (+36.3%); Prev qtr 870.01 Lakhs (+21.3%)
- Profit after tax
- Latest 306.79 Lakhs; Year ago 296.08 Lakhs (+3.6%); Prev qtr 323.40 Lakhs (−5.1%)
- Period
- Quarter Ended 30/09/2026
Auditor's review
Conclusion: Unmodified
What the board approved
The board of directors met on 3rd November 2026 and approved the unaudited standalone and consolidated financial results for the quarter and half year ended 30th September 2026, together with the statement of assets and liabilities and the cash flow statement. The results were reviewed by the audit committee before approval. These are unaudited results.
What the auditors concluded
G M C A & Co., Chartered Accountants, issued limited review reports on both the standalone and the consolidated results. Their conclusion in each case: nothing came to their attention that would cause them to believe the statements contain a material misstatement, and their opinion is not modified. A limited review is a lighter check than a full audit and gives moderate, not full, assurance.
Consolidated results, quarter ended 30/09/2026
- Revenue from operations: 362.32 (Rs. in lakh)
- Total income: 1055.51 (Rs. in lakh)
- Profit / (Loss) for the period from continuing operations: 306.79 (Rs. in lakh)
- Basic earnings per share: 1.23
For the same quarter a year earlier, revenue from operations was 521.19 and profit for the period from continuing operations was 296.08, both in Rs. in lakh.
Standalone results, quarter ended 30/09/2026
- Revenue from operations: 118.34 (Rs. in lakh)
- Profit / (Loss) for the period from continuing operations: 14.87 (Rs. in lakh)
Reading the two sets together
The standalone statement reflects only the company. The consolidated statement covers the company and its subsidiary, Rhetan TMT Limited, which is why the consolidated revenue and profit lines are several times the standalone lines. The company describes its activity as multi-segment trading of steel and chemical activities.
The unit used throughout is Rs. in lakh, where one lakh equals 1,00,000 rupees. Earnings per share, which is a per-share rupee figure, is marked as not annualised.
Points a reader may want to keep in mind
- The results are unaudited and have been reviewed, not audited, by the statutory auditors.
- The profit line quoted above is the post-tax profit from continuing operations, as printed in the statement; tax expense and exceptional items sit above it.
- Earnings per share is stated as not annualised, so it reflects the quarter only and is not scaled to a full year.
- The consolidated and standalone statements carry separate auditor review reports, both with an unmodified conclusion.
Also from Ashoka Metcast
Board meeting on 3rd November 2026 to consider September quarter results
27 Oct 2026
More numbers
- Consolidated Revenue from operations, Q2 FY27362.32 (Rs. in Lakh)
- Consolidated Revenue from operations, Q2 FY26521.19 (Rs. in Lakh)
- Consolidated Total income, Q2 FY271055.51 (Rs. in Lakh)
- Consolidated Profit for the period from continuing operations, Q2 FY27306.79 (Rs. in Lakh)
- Consolidated Profit for the period from continuing operations, Q2 FY26296.08 (Rs. in Lakh)
- Standalone Revenue from operations, Q2 FY27118.34 (Rs. in Lakh)
- Standalone Profit for the period from continuing operations, Q2 FY2714.87 (Rs. in Lakh)
- Total income, latest quarter1055.51 (Rs. in Lakh)
- Total income, year-ago quarter774.57 (Rs. in Lakh)
- Total income, previous quarter870.01 (Rs. in Lakh)
- Total comprehensive income, latest quarter306.79 (Rs. in Lakh)
- Total comprehensive income, year-ago quarter296.08 (Rs. in Lakh)
- Total comprehensive income, previous quarter323.40 (Rs. in Lakh)
- Profit after tax, latest quarter306.79 (Rs. in Lakh)
- Profit after tax, year-ago quarter296.08 (Rs. in Lakh)
- Profit after tax, previous quarter323.40 (Rs. in Lakh)
- Revenue from operations, latest quarter362.32 (Rs. in Lakh)
- Revenue from operations, year-ago quarter521.19 (Rs. in Lakh)
- Revenue from operations, previous quarter407.11 (Rs. in Lakh)
- Profit before tax, latest quarter314.29 (Rs. in Lakh)
- Profit before tax, year-ago quarter311.78 (Rs. in Lakh)
- Profit before tax, previous quarter338.30 (Rs. in Lakh)
Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.