Board approves September quarter and half year results; auditor's limited review carries no qualification
Board met on 03 Nov 2026 and approved the unaudited results for the quarter and half year ended 30 September 2026; the Audit Committee reviewed them first.
By ScoutQuest · · 2 min read
| Line item | Latest | Year ago | YoY | Prev qtr | QoQ |
|---|---|---|---|---|---|
| Revenue from operations | 303.31 | 306.81 | −1.1% | 314.53 | −3.6% |
| Total income | 319.15 | 313.50 | +1.8% | 318.16 | +0.3% |
| Profit before tax | 21.38 | 22.16 | −3.5% | 30.02 | −28.8% |
| Profit after tax | 16.08 | 14.33 | +12.2% | 23.02 | −30.1% |
| Total comprehensive income | 16.08 | 14.33 | +12.2% | 23.02 | −30.1% |
| Basic EPS | 0.54 | 0.48 | +12.5% | 0.77 | −29.9% |
- Total income (latest)
- 319.15 Lakhs (+1.8% YoY, +0.3% QoQ)
- Profit after tax (latest)
- 16.08 Lakhs (+12.2% YoY, -30.1% QoQ)
- Prior year / prior quarter PAT
- Year ago 14.33; Prev qtr 23.02
- Period
- 3 Months Ended 30-Sep-26
Auditor's review
Conclusion: Unmodified
The board decisions
Ishita Drugs & Industries held its board meeting on 03 November 2026. The board approved the unaudited financial results for the quarter and half year ended 30 September 2026, after the Audit Committee had reviewed them, and took them on record. The company reports a single business segment, Pharmaceutical Business, so the figures cover the whole business.
The auditor's conclusion
Jaymin Shah & Associates, Chartered Accountants, issued a Limited Review Report on the results. Their conclusion is that nothing has come to their attention that causes them to believe the statement, prepared under Indian accounting standards, has failed to disclose what is required or contains any material misstatement. There is no qualification, no emphasis of matter and no going-concern doubt. A limited review is lighter than a full audit: it relies mainly on enquiries and analytical checks, so it gives moderate assurance and is not an audit opinion.
Quarter ended 30 September 2026 (Amount in Lakhs)
- Revenue from Operations: 303.31, against 306.81 in the same quarter a year earlier
- Net Profit for the period: 16.08, against 14.33 a year earlier
So the topline was a shade lower year on year, while net profit was higher.
Half year ended 30 September 2026 (Amount in Lakhs)
- Revenue from Operations: 617.84, against 846.86 in the same six months a year earlier
- Net Profit for the period: 39.10, against 44.55 a year earlier
Over the six months, both revenue and net profit were below the year-earlier level, even as the latest quarter's profit rose.
What to note
- The half-year revenue is well below the year-earlier half, which is the main reason the six-month profit is lower despite a stronger September quarter.
- The results were reviewed by the Audit Committee and then approved and taken on record by the board, the sequence a listed company normally follows for quarterly numbers.
Also from Ishita Drugs & Industries
Board meeting on 03 November 2026 to consider and approve unaudited results for quarter ended 30 September 2026
28 Oct 2026
AGM approves re-appointment of Non-Executive Non-Independent Director and Statutory Auditor
2 Oct 2026
More numbers
- Revenue from Operations, half year ended 30-Sep-26617.84 lakhs
- Revenue from Operations, half year ended 30-Sep-25846.86 lakhs
- Net Profit for the period, half year ended 30-Sep-2639.10 lakhs
- Net Profit for the period, half year ended 30-Sep-2544.55 lakhs
- Total income, latest quarter319.15 (Amount in Lacs)
- Total income, year-ago quarter313.50 (Amount in Lacs)
- Total income, previous quarter318.16 (Amount in Lacs)
- Total comprehensive income, latest quarter16.08 (Amount in Lacs)
- Total comprehensive income, year-ago quarter14.33 (Amount in Lacs)
- Total comprehensive income, previous quarter23.02 (Amount in Lacs)
- Profit after tax, latest quarter16.08 (Amount in Lacs)
- Profit after tax, year-ago quarter14.33 (Amount in Lacs)
- Profit after tax, previous quarter23.02 (Amount in Lacs)
- Revenue from operations, latest quarter303.31 (Amount in Lacs)
- Revenue from operations, year-ago quarter306.81 (Amount in Lacs)
- Revenue from operations, previous quarter314.53 (Amount in Lacs)
- Profit before tax, latest quarter21.38 (Amount in Lacs)
- Profit before tax, year-ago quarter22.16 (Amount in Lacs)
- Profit before tax, previous quarter30.02 (Amount in Lacs)
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