Board approves unaudited Q2 and H1 results; auditors' limited review finds no material misstatement
Board met on 30 October 2026 and approved the unaudited standalone results for the quarter and half year ended 30 September 2026, along with related party transaction details.
By ScoutQuest · · 2 min read
| Line item | Latest | Year ago | YoY | Prev qtr | QoQ |
|---|---|---|---|---|---|
| Revenue from operations | 1,501.31 | 1,499.99 | +0.1% | 1,375.07 | +9.2% |
| Total income | 1,501.46 | 1,500.15 | +0.1% | 1,375.21 | +9.2% |
| Profit before tax | 73.79 | 84.78 | −13% | 60.76 | +21.4% |
| Profit after tax | 73.79 | 84.78 | −13% | 60.76 | +21.4% |
| Total comprehensive income | 73.79 | 84.78 | −13% | 60.76 | +21.4% |
| Basic EPS | 0.28 | 0.37 | −24.3% | 0.27 | +3.7% |
- PAT YoY change
- −13%
- Period
- 30.09.2026
Auditor's review
Conclusion: Unmodified
Notes to the results
- Provision for income tax and deferred tax shall be made at the year-end; no tax expense is recorded for the quarter and half year.
The board of Expo Engineering and Projects Ltd approved the company's unaudited standalone financial results for the quarter and half year ended 30 September 2026 at its meeting on 30 October 2026, together with the statutory auditors' limited review report and the related party transaction details for the period.
What the auditors concluded
- K. S. Shah & Co., Chartered Accountants, carried out a review of the interim statement under the applicable standard for reviews of interim financial information.
- Their conclusion: nothing has come to their attention that causes them to believe the statement has not disclosed the required information or that it contains any material misstatement.
- A review relies mainly on inquiries and analytical procedures and gives less assurance than an audit; no audit opinion is expressed on these numbers.
The quarter at a glance (standalone, figures as printed in Rs in lakhs)
- Net Sales/Income from operations: 1,501.31, against 1,499.99 in the quarter ended 30 September 2025.
- Profit before tax: 73.79, against 84.78 in the same quarter a year earlier.
The half year
- Profit before tax: 134.55 for the six months ended 30 September 2026, against 189.23 for the six months ended 30 September 2025.
Balance sheet and funding
- Total assets stood at 8,649.41 as at 30 September 2026.
- The cash flow statement shows Proceeds from issue of Warrants / Shares of 1,651.50 during the half year.
- The statement notes that the company is principally engaged in metal fabrication and is managed as one entity.
Related party disclosures
- The update also sets out related party transactions for the quarter and the six months, covering managerial remuneration paid to the Managing Director and loans and advances with an associate concern.
What a retail reader can take away
- These are interim, unaudited numbers for the standalone business; the auditor has reviewed them, which is a check on preparation and presentation rather than a certification of the accounts.
- Profit before tax for both the quarter and the half year is below the corresponding figures of the previous year, while quarterly Net Sales/Income from operations is broadly in line with the same quarter last year.
- The results also show money coming in from an issue of warrants or shares during the half year, which is a funding event rather than trading income.
Also from Expo Engineering And Projects
Board meeting on 30 October 2026 to approve September quarter and half year results
27 Oct 2026
BSE grants trading approval for 31,45,715 equity shares issued on warrant conversion
26 Oct 2026
BSE Listing Approval for 31,45,715 Equity Shares Issued on Warrant Conversion
1 Oct 2026
More numbers
- Profit before tax - half year ended 30.09.2026Rs. 134.55 lakhs
- Profit before tax - half year ended 30.09.2025Rs. 189.23 lakhs
- Total assets as at 30.09.2026Rs. 8,649.41 lakhs
- Proceeds from issue of Warrants / Shares - half yearRs. 1,651.50 lakhs
- Total income, latest quarter1,501.46 (Rs in Lacs)
- Total income, year-ago quarter1,500.15 (Rs in Lacs)
- Total income, previous quarter1,375.21 (Rs in Lacs)
- Total comprehensive income, latest quarter73.79 (Rs in Lacs)
- Total comprehensive income, year-ago quarter84.78 (Rs in Lacs)
- Total comprehensive income, previous quarter60.76 (Rs in Lacs)
- Profit after tax, latest quarter73.79 (Rs in Lacs)
- Profit after tax, year-ago quarter84.78 (Rs in Lacs)
- Profit after tax, previous quarter60.76 (Rs in Lacs)
- Revenue from operations, latest quarter1,501.31 (Rs in Lacs)
- Revenue from operations, year-ago quarter1,499.99 (Rs in Lacs)
- Revenue from operations, previous quarter1,375.07 (Rs in Lacs)
- Profit before tax, latest quarter73.79 (Rs in Lacs)
- Profit before tax, year-ago quarter84.78 (Rs in Lacs)
- Profit before tax, previous quarter60.76 (Rs in Lacs)
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