Board approves Q2 and H1 results, standalone and consolidated; auditor finds no material misstatement
Board meeting held on 22 October 2026: the Board considered, approved and took on record the standalone and consolidated unaudited financial 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 | 2651.08 | 2431.57 | +9% | 1300.76 | +104% |
| Total income | 2725.81 | 2457.53 | +10.9% | 1307.84 | +108% |
| Profit before tax | 119.15 | 155.32 | −23.3% | 82.90 | +43.7% |
| Profit after tax | 86.60 | 108.45 | −20.1% | 60.01 | +44.3% |
| Total comprehensive income | 86.60 | 108.45 | −20.1% | 60.01 | +44.3% |
| Basic EPS | 0.91 | 1.15 | −20.9% | 0.63 | +44.4% |
- Profit after tax - Year ago change
- −20.1%
- Period
- 3 Months ended 30.09.2026
Auditor's review
Conclusion: Unmodified
What the board did
- The Board of Directors met on Thursday, 22 October 2026 at the registered office in Jaipur and considered, approved and took on record the standalone and consolidated unaudited financial results for the quarter and half year ended 30 September 2026.
- The limited review report of the auditor was placed along with the results.
- The meeting, which began at 3:00 P.M., concluded at 4:00 P.M.
Auditor's review conclusion
- The auditor, R. P Khandelwal & Associates, carried out a limited review, not a full audit, so no audit opinion is expressed.
- Their conclusion for both standalone and consolidated results: based on the review, nothing has come to their attention that causes them to believe the statements contain any material misstatement, or that they fail to disclose what is required.
- The consolidated results include the financial results of subsidiary Magnus Asia Private Limited, in which the holding is 88.26%.
Standalone numbers (Amount in Lakhs)
- Income from Operations (Net): 2464.42 for the quarter ended 30.09.2026, against 1227.61 in the preceding quarter and 2409.03 in the same quarter of the previous year.
- Total Income: 2533.99 for the quarter; 3766.45 for the half year.
- Net Profit/(Loss) for the period: 86.42 for the quarter, against 59.39 in the preceding quarter and 107.82 a year earlier; 145.80 for the half year, against 169.53 a year earlier.
- Earnings per share (Basic and Diluted): 0.91 for the quarter and 1.54 for the half year (face value Rs. 5 per share).
- Total Expenses for the quarter: 2415.02.
Consolidated numbers (Amount in Lakhs)
- Income from Operations (Net): 2651.08 for the quarter, against 1300.76 in the preceding quarter and 2431.57 a year earlier; 3951.84 for the half year.
- Total Income: 2725.81 for the quarter; 4033.66 for the half year.
- Net Profit/(Loss) for the period: 86.60 for the quarter, against 60.01 in the preceding quarter and 108.45 a year earlier; 146.60 for the half year, against 170.59 a year earlier.
- Earnings per share: 0.91 for the quarter and 1.55 for the half year.
Balance sheet and cash (Amount in Lakhs)
- Standalone Total Assets: 14746.11 as at 30 September 2026, against 13620.14 as at 31 March 2026.
- Standalone current borrowings: 2424.18, against 1618.04 at 31 March 2026; long term borrowings 37.81, against 47.49.
- Consolidated Total Assets: 16143.17, against 15333.24.
- Standalone cash flow shows Net Increase in Cash and Cash Equivalent of 360.28 and a closing balance of 718.21.
- Paid up equity share capital: 473.52 (standalone) made up of shares of face value Rs. 5 each.
The company's stated business segments are lubricants and grease manufacturing and distribution, incineration service, and turnkey projects.
What a retail investor can take away
- This is a routine results update: it gives the reported numbers for the quarter and half year, and the auditor's confirmation that nothing in the review pointed to a material misstatement.
- The results are unaudited and have been reviewed, not audited.
- On the printed figures, standalone Income from Operations (Net) for the quarter is higher than both the preceding quarter and the same quarter a year earlier, while standalone Net Profit for the quarter is lower than the same quarter a year earlier. The consolidated picture is similar, with quarterly Income from Operations (Net) higher year on year and Net Profit for the quarter lower year on year.
- The figures above are as printed in the update and are stated before any adjustment a reader may wish to make; nothing here is a view on the share price.
Also from Continental Petroleums
Board meeting on 22 October 2026 to approve September quarter unaudited results
15 Oct 2026
More numbers
- Standalone Income from Operations (Net), quarter ended 30.09.20262464.42 lakh
- Standalone Total Income, quarter ended 30.09.20262533.99 lakh
- Standalone Net Profit/(Loss) for the period, quarter86.42 lakh
- Standalone Net Profit/(Loss) for the period, half year145.80 lakh
- Consolidated Net Profit/(Loss) for the period, half year146.60 lakh
- Holding in subsidiary Magnus Asia Private Limited88.26%
- Standalone Earnings per share (Basic), half year1.54
- Total income, latest quarter2725.81 (Amount In Lakhs)
- Total income, year-ago quarter2457.53 (Amount In Lakhs)
- Total income, previous quarter1307.84 (Amount In Lakhs)
- Total comprehensive income, latest quarter86.60 (Amount In Lakhs)
- Total comprehensive income, year-ago quarter108.45 (Amount In Lakhs)
- Total comprehensive income, previous quarter60.01 (Amount In Lakhs)
- Profit after tax, latest quarter86.60 (Amount In Lakhs)
- Profit after tax, year-ago quarter108.45 (Amount In Lakhs)
- Profit after tax, previous quarter60.01 (Amount In Lakhs)
- Revenue from operations, latest quarter2651.08 (Amount In Lakhs)
- Revenue from operations, year-ago quarter2431.57 (Amount In Lakhs)
- Revenue from operations, previous quarter1300.76 (Amount In Lakhs)
- Profit before tax, latest quarter119.15 (Amount In Lakhs)
- Profit before tax, year-ago quarter155.32 (Amount In Lakhs)
- Profit before tax, previous quarter82.90 (Amount In Lakhs)
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