HP Cotton Textile Mills502873Quarterly results

Board meeting outcome: Q2 and H1 results approved, auditors give clean limited review conclusion

Board meeting on 30 October 2026 approved the unaudited standalone and consolidated financial results for the quarter and half year ended 30 September 2026.

By ScoutQuest · Fri 30 Oct 2026, 3:14 PM IST · 2 min read

Consolidated · ₹ lakh · EPS in ₹
Line item	Latest	Year ago	YoY	Prev qtr	QoQ
Revenue from operations	3,439	3,445	−0.2%	3,118	+10.3%
Total income	3,515	3,515	0%	3,153	+11.5%
Profit before tax	136	108	+25.9%	141	−3.5%
Profit after tax	106	79	+34.2%	102	+3.9%
Total comprehensive income	106	79	+34.2%	102	+3.9%
Basic EPS	2.70	1.99	+35.7%	2.60	+3.8%

Profit after tax YoY change: +34.2%
Period: Quarter ended 30 September 2026

Auditor's review

Conclusion: Unmodified

What was announced

The board of the company met on 30 October 2026 and approved the unaudited standalone and consolidated financial results for the quarter and half year ended 30 September 2026. The auditor's limited review report on both sets of results forms part of the same update. The company reports a single business segment, textile (spinning), so no separate segment disclosures are given.

Auditor's conclusion

D. Kothary & Co., Chartered Accountants, carried out a limited review, which is narrower in scope than a full audit and gives moderate rather than absolute assurance. Their conclusion says nothing came to their attention that causes them to believe the statement has not disclosed the required information or contains any material misstatement. In plain terms, this is a clean (unqualified) review conclusion.

Consolidated quarter ended 30 September 2026 (₹ in lacs)

Revenue from operations: 3,439, against 3,445 in the same quarter a year earlier
Total income: 3,515
Profit for the period: 106, against 79 a year earlier

Consolidated six months ended 30 September 2026 (₹ in lacs)

Revenue from operations: 6,557
Profit for the period: 207
Basic earnings per share: 5.28

Standalone and consolidated

Two full sets of statements are presented: standalone (the parent company alone) and consolidated (the parent plus its subsidiary, HP MMF Textiles Limited). The update also carries balance sheets as at 30 September 2026 and cash flow statements for the six months, in both standalone and consolidated form. The main operating lines in the two sets are similar, which reflects the small size of the subsidiary's operations.

How a retail investor can read this

This is a routine quarterly results disclosure, the kind every listed company files after its board approves accounts.
The headline operating line, Revenue from operations, was almost unchanged year on year for the quarter, while Profit for the period was higher than a year earlier.
The auditor has not flagged any qualification, so the numbers carry the usual limited-review assurance rather than a flagged concern.
For a longer view, the half-year figures give the six-month picture: Revenue from operations of 6,557 lacs and Profit for the period of 207 lacs.

Points to keep in mind

Limited review is not a full audit; the auditor states they do not express an audit opinion.
Earnings per share is shown on a non-annualised basis, so it is not a full-year projection.

₹207 lakhProfit for the period, consolidated, six months ended (₹ in lacs

Profit for the period, consolidated, (₹ in lacs₹106 lakh

Profit after tax, quarter102 (₹ in lacs)

Profit for the period, consolidated, six months ended (₹ in lacs ₹207 lakh: Profit for the period, consolidated, (₹ in lacs ₹106 lakh, Profit after tax, quarter 102 (₹ in lacs).

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