Board approved unaudited Q2 and H1 results; auditor finds nothing indicating material misstatement
Board meeting on 27.10.2026 (12:00 PM to 12:35 PM) approved the unaudited standalone results for the quarter and half year ended 30.09.2026 and took the limited review report on record.
By ScoutQuest · · 2 min read
| Line item | Latest | Year ago | YoY | Prev qtr | QoQ |
|---|---|---|---|---|---|
| Revenue from operations | 36,319.23 | 28,155.68 | +29% | 34,910.11 | +4% |
| Total income | 36,424.16 | 28,274.48 | +28.8% | 35,028.45 | +4% |
| Profit before tax | 2,967.79 | 2,633.40 | +12.7% | 3,346.22 | −11.3% |
| Profit after tax | 2,215.23 | 1,963.55 | +12.8% | 2,495.27 | −11.2% |
| Total comprehensive income | 2,228.94 | 1,971.32 | +13.1% | 2,464.16 | −9.5% |
| Basic EPS | 4.57 | 4.05 | +12.8% | 5.15 | −11.3% |
- Total income YoY growth
- +28.8%
- Period
- Quarter Ended 30-09-2026 (Unaudited)
Auditor's review
Conclusion: Unmodified
Notes to the results
- The Company raised ₹9,658.79 Lakhs through a preferential issue of equity shares in June 2024; proceeds fully utilized as at September 30, 2026, with no unutilized proceeds remaining.
- 200,000 stock options granted under DCL-ESOP 2024 at Rs. 324 per option reduced to 183405 due to change in number of employees; ESOP expense accounted under Ind AS 102.
- Company assessed the four Labour Codes notified on November 21, 2025 and found no material impact; continues to monitor finalisation of rules.
What the board approved
- The board met on 27.10.2026 from 12:00 PM to 12:35 PM and approved the unaudited standalone financial results of the company for the quarter and half year ended 30.09.2026.
- The limited review report of the statutory auditor, A Bafna & Co, Chartered Accountants, was taken on record.
- The trading window for designated persons and their immediate relatives stays closed till 48 hours after this announcement.
Auditor's review conclusion
- The auditor carried out a review, not a full audit, and its conclusion is that nothing has come to its attention that causes it to believe the accompanying statement contains any material misstatement or fails to disclose what is required.
- The figures are standalone, prepared under Ind AS 34, and cover a single primary business segment.
Results in numbers (standalone, unaudited, as printed in Rs. in Lakhs)
- Revenue from operations: quarter 36,319.23; half year 71,229.34
- Total income: quarter 36,424.16 (other income contributed the small balance)
- Profit for the period: quarter 2,215.23; half year 4,710.90
- Basic earnings per share for the quarter: 4.57
- Total expenses for the quarter were lower than total income, leaving a profit before tax, and tax expense was provided on that profit.
Balance sheet snapshot (as at 30.09.2026)
- Total assets: 73,894.44
- The largest asset blocks are inventories and trade receivables, which is typical for a cable manufacturer, and the liability side carries both current borrowings and trade payables.
Other notes in the update
- The company had raised funds through a preferential issue of equity shares during June 2024, with the issue proceeds fully utilised; the amount raised was Rs. 9,658.79 lakhs.
- Stock options granted under DCL-ESOP 2024 have been partly reduced in count after a change in the number of eligible employees, and the company is accounting for the ESOP expense accordingly.
How a retail reader can use this
- This is the regular quarterly earnings disclosure: it tells you how much the company sold, what it spent and what it kept as profit for the three and six months to September.
- The auditor's limited review is a check that the numbers are not misleading; here the conclusion is clean, without any qualification or adverse remark.
- Compare the half-year figures with the same period of the previous year and with the immediately preceding quarter to judge the direction of the business, rather than reading one quarter in isolation.
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More numbers
- Revenue from operations, half year ended 30.09.2026 (standalone, Rs. in Lakhs)71,229.34
- Profit for the period, half year ended 30.09.2026 (standalone, Rs. in Lakhs)4,710.90
- Total assets as at 30.09.2026 (Rs. in Lakhs)73,894.44
- Preferential issue of equity shares proceeds, June 2024 (Rs. in Lakhs)9,658.79
- Total income, latest quarter36,424.16 (Rs. in Lakhs)
- Total income, year-ago quarter28,274.48 (Rs. in Lakhs)
- Total income, previous quarter35,028.45 (Rs. in Lakhs)
- Total comprehensive income, latest quarter2,228.94 (Rs. in Lakhs)
- Total comprehensive income, year-ago quarter1,971.32 (Rs. in Lakhs)
- Total comprehensive income, previous quarter2,464.16 (Rs. in Lakhs)
- Profit after tax, latest quarter2,215.23 (Rs. in Lakhs)
- Profit after tax, year-ago quarter1,963.55 (Rs. in Lakhs)
- Profit after tax, previous quarter2,495.27 (Rs. in Lakhs)
- Revenue from operations, latest quarter36,319.23 (Rs. in Lakhs)
- Revenue from operations, year-ago quarter28,155.68 (Rs. in Lakhs)
- Revenue from operations, previous quarter34,910.11 (Rs. in Lakhs)
- Profit before tax, latest quarter2,967.79 (Rs. in Lakhs)
- Profit before tax, year-ago quarter2,633.40 (Rs. in Lakhs)
- Profit before tax, previous quarter3,346.22 (Rs. in Lakhs)
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