Board approves unaudited results for September 2026 quarter; auditors' review conclusion unmodified
Board meeting on November 04, 2026 approved the Un-Audited Financial Statements (Standalone & Consolidated) and Limited Review Reports for the quarter and half year ended September 30, 2026.
By ScoutQuest · · 3 min read
| Line item | Latest | Year ago | YoY | Prev qtr | QoQ |
|---|---|---|---|---|---|
| Revenue from operations | 60,408.87 | 75,940.44 | −20.5% | 63,830.64 | −5.4% |
| Total income | 61,436.87 | 75,934.43 | −19.1% | 64,742.06 | −5.1% |
| Profit before tax | 1,758.49 | 1,532.92 | +14.7% | 1,486.48 | +18.3% |
| Profit after tax | 1,545.63 | 1,213.21 | +27.4% | 1,206.02 | +28.2% |
| Total comprehensive income | 1,458.35 | 883.59 | +65% | 1,249.67 | +16.7% |
| Basic EPS | 9.46 | 7.31 | +29.4% | 7.53 | +25.6% |
- Profit after tax YoY change
- +27.4%
- Period
- Quarter ended 30.09.2026
Auditor's review
Conclusion: Unmodified
Results approved at the board meeting
- The Board of Directors approved the Un-Audited Financial Statements (Standalone & Consolidated) along with the Limited Review Report (Standalone & Consolidated) for the quarter and half year ended September 30, 2026, prepared in accordance with Ind AS.
- The meeting commenced at 02.30 PM and concluded at 04:30 P.M.
Auditors' review conclusion
V A Parikh & Associates LLP carried out a limited review of both the standalone and consolidated results. They stated that nothing has come to their attention that causes them to believe that the statements have not disclosed the information required, or that they contain any material misstatement. Their conclusion on the consolidated statement is not modified.
Consolidated, quarter ended 30.09.2026 vs 30.09.2025 (Rs. in Lacs)
- Revenue from operations (net): 60,408.87 against 75,940.44
- Total income from operations (net): 61,436.87 against 75,934.43
- Profit before tax: 1,758.49 against 1,532.92
- Net Profit / Loss for the period: 1,545.63 against 1,213.21
- Net Profit after taxes, minority interest and share of Profit / Loss of Associates: 1,514.38 against 1,170.11
- Basic and Diluted EPS: 9.46 against 7.31
Consolidated, six months ended 30.09.2026 vs 30.09.2025 (Rs. in Lacs)
- Revenue from operations (net): 1,24,239.51 against 1,47,594.88
- Profit before tax: 3,244.97 against 3,878.50
- Net Profit after taxes, minority interest and share of Profit / Loss of Associates: 2,719.34 against 3,104.17
Standalone, quarter ended 30.09.2026 vs 30.09.2025 (Rs. in Lacs)
- Net Sales: 48,814.74 against 59,753.33
- Profit Before Tax: 1,673.15 against 1,290.76
- Profit After Tax: 1,466.43 against 987.43
Segment view, consolidated, quarter (Rs. in Lacs)
- Diamonds revenue: 43,599.97 against 55,527.98
- Jewellery revenue: 19,914.14 against 23,405.33
- Others: 1,028.19 against (6.01)
- Total segment revenue: 64,542.30 against 78,927.30
- Segment result for Diamonds: 681.91 against 1,332.82
Auditor's note on group entities
- Three subsidiaries were not reviewed by the statutory auditors; their interim results reflect total assets of Rs. 66,923 lacs as at September 30, 2026 and total revenues of Rs. 29,792 lacs for the period 1.4.2026 to 30.09.2026.
- Those entities reflect total net profit after tax of Rs. 298 lacs for 1.4.2026 to 30.09.2026 and Rs. 244 lacs for the quarter ended September 30, 2026.
- The Group's share of net profit / loss of one joint venture was Rs. Nil, and its financial statements were not reviewed.
Balance sheet snapshot, consolidated (Rs. in Lacs)
- Total assets: 2,44,085.53 as at 30.09.2026 against 2,47,287.21 as at 31.03.2026
- Total equity: 1,68,997.17 against 1,65,747.01
- Cash and cash equivalents: 14,450.65 against 11,727.18
- Short-term borrowings: 43,663.69 against 44,092.03
Cash flow, consolidated, six months (Rs. in Lacs)
- Net cash from operating activities: 139.89 against 1,794.15
- Net increase / (decrease) in Cash & Cash Equivalents: (1,574.10) against (1,311.84)
What a reader can take from the numbers
The consolidated revenue for the quarter was lower than a year earlier, while consolidated profit after tax and EPS for the quarter were higher than a year earlier. For the six months, consolidated revenue, profit before tax and profit after tax were all lower than a year earlier. Segment revenue for both Diamonds and Jewellery was lower for the quarter than a year ago. These are unaudited results that have been subject to limited review by the statutory auditors.
Also from Asian Star Company
Board Meeting on November 04, 2026 to consider and approve un-audited financial statements
28 Oct 2026
CARE A-/Stable reaffirmed on Rs.884.50 crore bank facilities of Asian Star; outlook revised from Negative
9 Oct 2026
All 4 resolutions passed at 32nd AGM, including Rs.1.50 dividend
30 Sep 2026
More numbers
- Net Profit after taxes, minority interest, consolidated, quarter (Rs. in Lacs)1,514.38
- Net Sales, standalone, quarter (Rs. in Lacs)48,814.74
- Profit After Tax, standalone, quarter (Rs. in Lacs)1,466.43
- Diamonds segment revenue, consolidated, quarter (Rs. in Lacs)43,599.97
- Total assets of subsidiaries not reviewed (Rs. in Lacs)66,923 lacs
- Total revenues of subsidiaries not reviewed, 1.4.2026 to 30.09.202629,792 lacs
- Total income, latest quarter61,436.87 (Rs. in Lacs)
- Total income, year-ago quarter75,934.43 (Rs. in Lacs)
- Total income, previous quarter64,742.06 (Rs. in Lacs)
- Total comprehensive income, latest quarter1,458.35 (Rs. in Lacs)
- Total comprehensive income, year-ago quarter883.59 (Rs. in Lacs)
- Total comprehensive income, previous quarter1,249.67 (Rs. in Lacs)
- Profit after tax, latest quarter1,545.63 (Rs. in Lacs)
- Profit after tax, year-ago quarter1,213.21 (Rs. in Lacs)
- Profit after tax, previous quarter1,206.02 (Rs. in Lacs)
- Revenue from operations, latest quarter60,408.87 (Rs. in Lacs)
- Revenue from operations, year-ago quarter75,940.44 (Rs. in Lacs)
- Revenue from operations, previous quarter63,830.64 (Rs. in Lacs)
- Profit before tax, latest quarter1,758.49 (Rs. in Lacs)
- Profit before tax, year-ago quarter1,532.92 (Rs. in Lacs)
- Profit before tax, previous quarter1,486.48 (Rs. in Lacs)
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.