Hemo Organic524590Quarterly results

Board approves unaudited Q2 and half-year results; auditor's review carries a qualified opinion

Board met on 17 Oct 2026 and approved the unaudited standalone results for the quarter and half year ended 30 Sept 2026, along with the auditor's limited review report.

By ScoutQuest · Sat 17 Oct 2026, 7:06 PM IST · 2 min read

₹686.59 lakh+98.1%

As at 31 Mar 2026₹346.59 lakhAs at 30 Sep 2026₹686.59 lakh

Equity share capital: ₹346.59 lakh (As at 31 Mar 2026) and ₹686.59 lakh (As at 30 Sep 2026).

Q2 Revenue from Operations: Rs. 142.90 lakh
Q2 Profit After Tax: Rs. 0.53 lakh
Half Year Loss After Tax: Rs. 6.89 lakh

What the board approved

The unaudited standalone financial results of the company for the quarter and half year ended 30 September 2026.
The limited review report of the statutory auditors on those results.
The board meeting was held on 17 October 2026 and also took on record other businesses as per the agenda circulated.

Quarter ended 30 September 2026

Revenue from operations: Rs. 142.90 lakh.
Profit after tax: Rs. 0.53 lakh.

The profit is small in absolute terms, so on this quarter's numbers the company's cost base matters as much as its revenue when judging the result.

Half year ended 30 September 2026

Revenue from operations: Rs. 142.90 lakh.
Loss after tax: Rs. 6.89 lakh.

The six-month figure covers the June 2026 quarter as well, which is why the half-year result is a loss even though the September quarter on its own showed a profit.

Balance sheet as at 30 September 2026 (Rs. in lakh)

Equity share capital: 686.59, against 346.59 as at 31 March 2026.
Non-current borrowings: 129.11, against 274.06 as at 31 March 2026.
Trade receivables: 235.76.

A larger share capital means the same profit is divided across more shares, which is relevant when reading the per-share numbers.

Auditor's qualified opinion

The limited review report carries a qualified opinion. The auditor states that balance confirmation or any other details for trade receivable and trade payable in the books of accounts were not provided, and that in the absence of the same they were unable to confirm the balance and the nature of the transactions. A qualified opinion is a specific reservation recorded by the auditor about an item in the accounts, and it sits alongside the figures rather than replacing them.

Points for a retail reader to weigh

Trade receivables of Rs. 235.76 lakh are the item the auditor's reservation relates to, and they are sizeable compared with the quarter's revenue of Rs. 142.90 lakh.
The company moved from a loss in the June 2026 quarter to a small profit in the September 2026 quarter; whether that repeats is the key question for the earnings picture.
Equity share capital at 686.59 lakh is well above the 346.59 lakh shown at 31 March 2026, while non-current borrowings have come down from 274.06 lakh to 129.11 lakh.

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