AuSom Enterprise509009Quarterly results
Board approves Q2 and half-year results; auditor's consolidated review carries a qualified conclusion
The Board met on 4 November 2026 and approved the unaudited standalone and consolidated results for the quarter and half year ended 30 September 2026.
By ScoutQuest · · 3 min read
| Line item | Latest | Year ago | YoY | Prev qtr | QoQ |
|---|---|---|---|---|---|
| Revenue from operations | 84883.58 | 11910.26 | +613% | 278373.14 | −69.5% |
| Total income | 85027.19 | 12073.72 | +604% | 278571.34 | −69.5% |
| Profit before tax | 364.25 | 294.24 | +23.8% | 2992.23 | −87.8% |
| Profit after tax | 371.16 | 180.73 | +105% | 2012.74 | −81.6% |
| Total comprehensive income | 371.16 | 180.73 | +105% | 2012.74 | −81.6% |
| Basic EPS | 2.72 | 2.60 | +4.6% | 14.76 | −81.6% |
- Total income YoY change
- +604% (year ago 12073.72 lakhs); QoQ −69.5%
- Profit after tax
- 371.16 lakhs, +105% YoY (year ago 180.73); QoQ −81.6%
- Period
- 30/09/2026 (Unaudited)
Auditor's review
Conclusion: Qualified
- Group's share of profit/loss and TCI of joint venture Bsafal KZ Estate LLP for the quarter and half year not recognised, a departure from equity method (Ind AS 28 para 10); impact unascertained.
Notes to the results
- Group's share of profit or loss and total comprehensive income from joint venture Bsafal Kz Estate LLP for the quarter and half year ended 30 Sep 2026 is not recognised in consolidated results.
- IGR Ausom LLP became a subsidiary w.e.f. 1 January 2026 after ownership rose from 50% to 100%; consolidated line-by-line from then, equity method earlier.
Board meeting outcome
- The Board met on 4 November 2026 and approved the unaudited standalone and consolidated financial results for the quarter and half year ended 30 September 2026.
- The Audit Committee reviewed the results before the Board approved their release.
The auditor's conclusion
C.R. Sharedalal & Co., the statutory auditors, issued an unmodified opinion on the standalone results. The Limited Review Report on the consolidated results carries a qualified conclusion on one matter.
- The Group's share of profit or loss and of total comprehensive income of joint venture Bsafal KZ Estate LLP for the quarter and half year ended 30 September 2026 is not recognised in the consolidated results.
- The auditors describe this as a departure from the equity method of accounting set out in Ind AS 28.
- They note this may result in overstatement or understatement of consolidated profit and of the carrying value of that investment, with the amount unascertained.
- The auditors' conclusion is not modified in respect of this matter, and they state that for one joint venture they rely on the report of another auditor.
The covering letter to the exchanges states that there are adverse remarks in the Limited Review Report on the consolidated financials which have no material impact on the interest payment / principal repayment capacity of the Company.
Consolidated numbers (Rs. in lakhs)
- Revenue from operations: 84883.58 for the quarter ended 30/09/2026.
- Profit for the period: 371.16 for the quarter and 2383.90 for the half year.
- Basic earnings per share (not annualised): 2.72 for the quarter.
- The results include the Group's share of net profit after tax of Rs. 284.50 Lakhs from a joint venture for the quarter.
Standalone numbers (Rs. in lakhs)
- Revenue from operations: 49348.82 for the quarter.
- Profit for the period: 118.28 for the quarter.
The business mix
- On a standalone basis the company reports a single primary business segment: trading in commodities, bullion, gold jewellery, diamonds, derivatives, shares and securities.
- The consolidated results carry four reportable segments: refining (gold and silver bars), bullion trading, shares/securities and derivatives trading, and power generation from the Group's solar power plants.
- The Group's consolidated results cover subsidiaries Amazo Solar Power Private Limited and IGR Ausom LLP, and joint venture Swadeshi Distributors LLP. The Parent had earlier, with its subsidiary, increased its ownership interest in joint venture IGR Ausom LLP, which has since become a subsidiary.
Balance sheet
- Standalone current borrowings stood at 1550.82 (Rs. in lakhs) as at 30 September 2026.
Other notes
- No investor complaint was pending at the beginning of the quarter.
- The company's equity share capital is unchanged across the compared periods, and the results are unaudited, limited-reviewed figures rather than audited annual numbers.
What a retail reader can take away
- The headline event is the routine approval of quarterly and half-year results; the standalone review is clean.
- The point that differs from a plain results release is the qualified conclusion on the consolidated accounts, which turns on how one joint venture's share of profit or loss is accounted for. The auditors themselves say the size of the effect is unascertained.
- Because the company's standalone business is trading-heavy, revenue and expense lines move together; reading profit and the segment notes alongside revenue gives a fuller picture than revenue alone.
2383.90 (Rs. in Lakhs)Consolidated Profit for the period, half year ended 30/09/
Total comprehensive income, quarter2012.74 (Rs. in Lakhs)
Total comprehensive income, latest quarter371.16 (Rs. in Lakhs)
Also from AuSom Enterprise
Board meeting on November 04, 2026 to approve Q2 and half-year un-audited results
28 Oct 2026
Company Secretary and Compliance Officer appointed with effect from 17/10/2026
17 Oct 2026
More numbers
- Consolidated Revenue from operations, quarter ended 30/09/202684883.58 (Rs. in Lakhs)
- Consolidated Profit for the period, quarter ended 30/09/2026371.16 (Rs. in Lakhs)
- Consolidated Profit for the period, half year ended 30/09/20262383.90 (Rs. in Lakhs)
- Standalone Revenue from operations, quarter ended 30/09/202649348.82 (Rs. in Lakhs)
- Standalone Profit for the period, quarter ended 30/09/2026118.28 (Rs. in Lakhs)
- Group's share of net profit after tax from a joint ventureRs. 284.50 Lakhs
- Standalone current borrowings as at 30 September 20261550.82 (Rs. in Lakhs)
- Total income, latest quarter85027.19 (Rs. in Lakhs)
- Total income, year-ago quarter12073.72 (Rs. in Lakhs)
- Total income, previous quarter278571.34 (Rs. in Lakhs)
- Total comprehensive income, latest quarter371.16 (Rs. in Lakhs)
- Total comprehensive income, year-ago quarter180.73 (Rs. in Lakhs)
- Total comprehensive income, previous quarter2012.74 (Rs. in Lakhs)
- Profit after tax, latest quarter371.16 (Rs. in Lakhs)
- Profit after tax, year-ago quarter180.73 (Rs. in Lakhs)
- Profit after tax, previous quarter2012.74 (Rs. in Lakhs)
- Revenue from operations, latest quarter84883.58 (Rs. in Lakhs)
- Revenue from operations, year-ago quarter11910.26 (Rs. in Lakhs)
- Revenue from operations, previous quarter278373.14 (Rs. in Lakhs)
- Profit before tax, latest quarter364.25 (Rs. in Lakhs)
- Profit before tax, year-ago quarter294.24 (Rs. in Lakhs)
- Profit before tax, previous quarter2992.23 (Rs. in Lakhs)
Source: BSE · 4 Nov 2026
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