Board approves Q2 and half-year results; limited review report unmodified
Board met on 04.11.2026 and approved the unaudited standalone and consolidated results for the quarter and half year ended 30 September 2026, on the Audit Committee's recommendation.
By ScoutQuest · · 2 min read
| Line item | Latest | Year ago | YoY | Prev qtr | QoQ |
|---|---|---|---|---|---|
| Revenue from operations | 3,809.02 | 1,292.88 | +195% | 3,428.92 | +11.1% |
| Total income | 3,867.69 | 1,301.67 | +197% | 3,497.82 | +10.6% |
| Profit before tax | 862.49 | 403.06 | +114% | 696.35 | +23.9% |
| Profit after tax | 659.80 | 287.64 | +129% | 532.10 | +24% |
| Total comprehensive income | 650.98 | 291.10 | +124% | 552.11 | +17.9% |
| Basic EPS | 0.74 | 0.52 | +42.3% | 0.66 | +12.1% |
- Total income YoY growth
- Year ago 1,301.67 (+197%)
- Period
- 30 September 2026
Auditor's review
Conclusion: Unmodified
Board meeting outcome
- The Board of Directors met on 04.11.2026, from 4.45 p.m. to 6 p.m.
- It approved the unaudited standalone and consolidated financial results for the quarter and half year ended 30 September 2026.
- The Audit Committee had reviewed and recommended the results before the board approved them.
- The board also took on record the Limited Review Report of the statutory auditor, M/s Y M Shah & Co., Vadodara.
Auditor's review
- A limited review is a check of interim accounts. It gives moderate assurance and is not a full audit opinion.
- The company stated that the auditor's reports on both the standalone and consolidated results are unmodified, meaning the auditor did not flag a qualification.
Standalone results, quarter ended 30 September 2026 (Rs. in lacs)
- Revenue from operations: 803.56, against 964.26 in the same quarter a year earlier.
- Profit after tax: 177.64, against 230.12 in the same quarter a year earlier.
Consolidated results, quarter ended 30 September 2026 (Rs. in lacs)
- Revenue from operations: 3,809.02, against 1,292.88 a year earlier.
- Profit after tax: 659.80, against 287.64 a year earlier.
Standalone and consolidated, simply put
- Standalone shows the company's own operations. Consolidated adds its subsidiaries, so the two sets of figures should not be compared with each other.
- That is why the consolidated figures are larger than the standalone figures.
- Each set is shown next to the same quarter of the previous year, which is the like-for-like comparison for a seasonal business.
A note on units
- The results are stated in Rs. in lacs, where one lac is 1,00,000.
- The figures cover a quarter and a half year, so they are not a full-year picture.
What a retail reader may take away
- The results were approved by the board and carry an unmodified limited review report.
- The company's business falls within a single primary business segment.
- Profit and revenue lines move differently in the standalone and consolidated sets, so it helps to look at both rather than one.
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More numbers
- Revenue from operations, standalone, Q2 (Rs. in lacs)803.56
- Profit after tax, standalone, Q2 (Rs. in lacs)177.64
- Revenue from operations, standalone, Q2 prior year (Rs. in lacs)964.26
- Profit after tax, standalone, Q2 prior year (Rs. in lacs)230.12
- Total income, latest quarter3,867.69 (Rs. in Lacs)
- Total income, year-ago quarter1,301.67 (Rs. in Lacs)
- Total income, previous quarter3,497.82 (Rs. in Lacs)
- Total comprehensive income, latest quarter650.98 (Rs. in Lacs)
- Total comprehensive income, year-ago quarter291.10 (Rs. in Lacs)
- Total comprehensive income, previous quarter552.11 (Rs. in Lacs)
- Profit after tax, latest quarter659.80 (Rs. in Lacs)
- Profit after tax, year-ago quarter287.64 (Rs. in Lacs)
- Profit after tax, previous quarter532.10 (Rs. in Lacs)
- Revenue from operations, latest quarter3,809.02 (Rs. in Lacs)
- Revenue from operations, year-ago quarter1,292.88 (Rs. in Lacs)
- Revenue from operations, previous quarter3,428.92 (Rs. in Lacs)
- Profit before tax, latest quarter862.49 (Rs. in Lacs)
- Profit before tax, year-ago quarter403.06 (Rs. in Lacs)
- Profit before tax, previous quarter696.35 (Rs. in Lacs)
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