Board Meeting Outcome: unaudited Q2/H1 FY27 results approved; auditor reports no qualification
Board approved the unaudited financial results for the quarter and half year ended September 30, 2026, along with the auditors' Limited Review Report.
By ScoutQuest · · 2 min read
- Revenue from operations
- nil for both periods
- Loss for the period (quarter and half year)
- 558.05 and 2,020.09 (Rupees in Lacs)
- Total expenses
- 558.05 for the quarter and 2,020.09 for the half year
What the board approved
The Board of Directors met on Tuesday, October 13, 2026 and approved the unaudited financial results of the company for the quarter and half year ended September 30, 2026, together with the Limited Review Report issued by the statutory auditors. The meeting commenced at 03:30 P.M. and concluded at 04:30 P.M.
Auditor's review conclusion
- The auditors state that there is no qualification in their report on these financial results.
- The engagement is a limited review under SRE 2410, which gives moderate assurance and is not an audit.
- Under "Emphasis of Matter", the auditors note the report is prepared for the exclusive use of the entity, is based on a limited review, is not an audit or certification of factual accuracy, and should not be construed as an assurance of future performance, compliance or financial position.
Results at a glance (Rupees in Lacs)
- Revenue from operations is shown as nil for the quarter and for the half year ended September 30, 2026.
- Total expenses: 558.05 for the quarter ended 30-09-2026; 2,020.09 for the half year ended 30-09-2026; and 0.04 for the half year ended 30-09-2025.
- Loss for the period: (558.05) for the quarter ended 30-09-2026; (2,020.09) for the half year ended 30-09-2026; (0.04) for the half year ended 30-09-2025; and (292.97) for the year ended 31 March 2026.
- On the year ended 31 March 2026 column, cost of materials consumed was 55.71, employee benefits expense 24.00, finance cost 0.04 and depreciation and amortisation 0.28.
- Earnings per share (on shares of Rs. 10/- each): basic and diluted (1.61) for the quarter ended 30-09-2026 and (5.82) for the half year ended 30-09-2026.
Balance sheet as at 30 September 2026 (Rupees in Lacs)
- Total assets: 176.89, against 2,145.34 as at 31 March 2026.
- Equity share capital: 3472.00, unchanged from 31 March 2026.
- Other equity: (3346.76), against (1326.67) as at 31 March 2026.
- Loans and advances (current): 167.22, against 958.57 as at 31 March 2026.
- Other current assets: 8.49, against 429.02 as at 31 March 2026.
Cash flow for the half year ended 30.09.2026 (Amount in LAKH)
- Net loss before tax: (2020.09).
- Net cash used in operating activities: (754.07).
- Net cash generated from investing activities: 752.71.
- Net cash from financing activities: 0.00.
- Cash and cash equivalents at the end of the year: 0.41.
How to read this
These are unaudited interim results that have been reviewed by the auditors, not audited. The auditor's conclusion carries no qualification. The results were also reviewed by the Audit Committee and approved by the Board, and the company states the full format of the results is available on the stock exchange websites and the company's website.
Also from IGC Industries
Board meeting on 13 October 2026 to consider and approve unaudited financial results
5 Oct 2026
More numbers
- Total expenses, quarter ended 30-09-2026 (Rupees in Lacs)558.05
- Loss for the period, quarter ended 30-09-2026 (Rupees in Lacs)(558.05)
- Total expenses, half year ended 30-09-2026 (Rupees in Lacs)2,020.09
- Loss for the period, half year ended 30-09-2026 (Rupees in Lacs)(2,020.09)
- Total assets as at 30 September 2026 (Rupees in Lacs)176.89
- Total assets as at 31 March 2026 (Rupees in Lacs)2145.34
- Equity share capital as at 30 September 2026 (Rupees in Lacs)3472.00
- Net cash used in operating activities, half year ended 30.09.2026 (Amount in LAKH)(754.07)
Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.