Indo Euro Indchem524458Quarterly results

Board approves Q2 and half-year unaudited results; auditor review finds no material misstatement

The board of Indo Euro Indchem met on 03.11.2026 (4:30 PM to 5:00 PM) and approved the standalone unaudited financial results for the quarter and half year ended 30.09.2026, after the Audit Committee reviewed them.

By ScoutQuest · Tue 3 Nov 2026, 5:46 PM IST · 2 min read

₹515.14 lakh+83.2%

Q2 FY26₹281.16 lakhQ2 FY27₹515.14 lakh

Revenue from operations, (standalone: ₹281.16 lakh (Q2 FY26) and ₹515.14 lakh (Q2 FY27).

Revenue from operations (Q2 FY26, standalone): Rs. 515.14 lakh in the quarter, against Rs. 281.16 lakh a year earlier
Profit for the period (Q2 FY26): Rs. 12.75 lakh, against Rs. 9.41 lakh
Half-year revenue from operations: 919.78 (half year), Profit for the period 23.59

What the board approved

Indo Euro Indchem Limited's board met on 03.11.2026, from 4:30 P.M. to 5:00 P.M., and approved the standalone unaudited financial results for the second quarter and half year ended September 30, 2026.
The results were reviewed by the Audit Committee and then approved by the Board at their respective meetings.
The company operates in a single business segment, trading in chemicals and others.

What the auditor said

Vora & Associates, Chartered Accountants, carried out a limited review, which gives moderate assurance and is narrower in scope than a full audit.
Its conclusion: nothing came to its attention that causes it to believe the statement has any material misstatement or misses the disclosures required.
This is a review conclusion, not a qualified opinion.

How the quarter and half year looked (standalone, Rs. in lakhs)

Revenue from operations: 515.14 in the quarter, against 404.64 in the previous quarter and 281.16 in the same quarter last year.
Total income: 526.52, against 414.46 and 295.96.
Purchases of stock-in-trade: 1,011.08, against 416.71 and 110.64; the change in inventories was negative at (701.71), (75.27) and 49.07.
Total expenses: 509.47, against 399.97 and 283.55.
Profit before tax: 17.05, against 14.48 and 12.41.
Profit for the period: 12.75, against 10.84 and 9.41.
For the half year, Revenue from operations was 919.78 and Profit for the period 23.59, against 494.91 and 24.36 in the same half last year.

Balance sheet snapshot (30.09.2026 vs 31.03.2026, Rs. in lakhs)

Total assets: 3,084.65, against 1,963.18.
Trade receivables: 1,008.50, against 231.51.
Total equity: 1,199.94, against 1,176.18.
Trade payables: 1,024.79, against 707.62.

Cash flow, half year (Rs. in lakhs)

Net cash generated from operating activities: 229.47.
Net cash used in investing activities: 223.61.
Net change in cash and cash equivalents: 5.86, with cash and cash equivalents at the close of the period at 11.30.

Points to note

Management is considering recovery from the parties and has not recommended any provision for doubtful debts against the receivables.
Deferred tax liability/assets for the quarter has not been provided and will be accounted in the annual audited accounts.
Current tax for the quarter has been calculated and provided at applicable rates.

What a reader can take away

Revenue from operations and profit for the quarter were both higher than in the same quarter last year, helped by a much larger stock-in-trade purchase and inventory build.
Trade receivables stood at 1,008.50 at 30.09.2026 against 231.51 at 31.03.2026, while quarterly revenue from operations was 515.14; collection of these receivables and any future provisioning are the items to track, since no doubtful-debt provision has been recommended.

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