Board approves unaudited standalone results for September 2026 quarter; auditor review has no adverse remarks
Board met on 5th November 2026 and approved the unaudited standalone financial results for the quarter and half year ended September 30, 2026, as recommended by the Audit Committee; it also reviewed other business of the company.
By ScoutQuest · · 2 min read
- Total assets (₹ Lakhs)
- 6,256.27 as at Sep 30, 2026 vs 6,852.96 as at Mar 31, 2026
- Borrowings (₹ Lakhs)
- 819.54 as at Sep 30, 2026 vs 1,434.71 as at Mar 31, 2026
- Auditor review conclusion
- Unmodified limited review conclusion, no qualification or adverse remark
What the board approved
- The Board of Directors met on 5th November 2026 from 4:00 p.m. to 5:30 p.m. and approved the unaudited standalone financial results of the company for the quarter and half year ended September 30, 2026, as recommended by the Audit Committee.
- The Board also reviewed the other business of the company.
- The results are standalone; they were submitted with the Limited Review Report of the statutory auditors.
Auditor's review conclusion
B.B. Gusani & Associates, Chartered Accountants, reviewed the unaudited standalone results prepared under Ind AS 34. Its conclusion is unmodified: based on the review, nothing came to the auditor's attention that would cause it to believe the statement does not disclose the information required, or that it contains any material misstatement. The report carries no qualification, no emphasis of matter and no going-concern doubt. A review is narrower in scope than an audit and does not express an audit opinion.
Balance sheet snapshot (standalone, ₹ in Lakhs)
- Total assets: 6,256.27 as at September 30, 2026, against 6,852.96 as at March 31, 2026.
- Total equity: 1,835.48 against 1,816.98.
- Total current liabilities: 4,390.86 against 5,006.05.
- Borrowings (current financial liabilities): 819.54 against 1,434.71.
- Trade receivables: 5,861.56 against 6,258.22.
- Inventories: 124.48 against 315.82.
- Cash and cash equivalents: 0.12 in both periods; bank balance other than cash and cash equivalents 44.55 against 45.84.
Cash flow (standalone, ₹ in Lakhs, half year ended September 30, 2026)
- Profit before tax for the year: 18.50, against 171.02 shown for the year ended March 31, 2026.
- Net cash generated from operating activities: 613.88, against (165.89).
- Net cash used in financing activities: (615.17), against 137.13.
- Cash and cash equivalents at the end of the year: 44.67, against 45.96.
Related party transactions disclosed (₹)
- Loans and advances to Lypsa Gems & Jewellery Limited during the period: 6,15,17,200, with an opening balance of 8,96,19,493 and a closing balance of 2,81,02,294.
- Salary to Shrishity Bansal Mehta (KMP): 87,000.
- Total value of related party transactions shown: 6,16,04,200.
How a retail investor can read this
A results approval with a clean review conclusion is a routine, factual update: it tells you the numbers were placed before the Board, reviewed by the Audit Committee and looked at by the statutory auditor, without any adverse observation. The figures above let you compare the September 2026 standalone position with March 2026 on the same basis — assets, equity, borrowings, receivables and the cash flow lines are all printed side by side. Read the profit figures with the printed line-item names and note that the cash flow statement is for the half year, while the March 31, 2026 column is labelled as the year ended on that date.
Also from Aurus Gem Corporation
Standalone results for the quarter Ended 30.09.2026
5 Nov 2026
Board meeting on 5 November 2026 to consider and approve unaudited half-yearly results
31 Oct 2026
More numbers
- Total assets, standalone, as at September 30, 2026 (₹ in Lakhs)6,256.27
- Total equity, standalone, as at September 30, 2026 (₹ in Lakhs)1,835.48
- Borrowings, standalone, as at September 30, 2026 (₹ in Lakhs)819.54
- Trade receivables, standalone, as at September 30, 2026 (₹ in Lakhs)5,861.56
- Profit before tax for the year, standalone cash flow (₹ in Lakhs)18.50
- Net cash generated from operating activities (₹ in Lakhs)613.88
- Cash and cash equivalents at the end of the year (₹ in Lakhs)44.67
- Loans and advances to Lypsa Gems & Jewellery Limited during the period6,15,17,200
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