Board approves Q2 and H1 FY27 standalone results; auditor's limited review conclusion unmodified
Board of Kanohar Electricals met on Nov 2, 2026 (04.30 p.m. to 05.00 p.m. IST) and approved the unaudited standalone results for the quarter and half year ended September 30, 2026 (Ind AS).
By ScoutQuest · · 2 min read
- Revenue from operations (Q2 FY27, standalone)
- Rs. 20,858.68 Lakhs for the quarter
- Profit for the period (Q2 FY27, standalone)
- Rs. 5,386.91 Lakhs
- Half year ended September 30, 2026 (standalone)
- Revenue Rs. 34,566.42 Lakhs; Profit Rs. 8,120.92 Lakhs
What the Board approved
The Board of Kanohar Electricals met on Monday, November 2, 2026, from 04.30 p.m. to 05.00 p.m. IST. It considered and approved the Unaudited Standalone Financial Results for the quarter and half year ended September 30, 2026, prepared in accordance with Ind AS, and took on record the Limited Review Report of the statutory auditors, S S Kothari Mehta & Company, on those results.
Auditor's review conclusion
- The conclusion is unmodified: nothing came to the auditor's attention that causes them to believe the statement is not, in all material respects, in accordance with Ind AS, or that it contains any material misstatement.
- This is a limited review, not an audit. The auditor states that a review is substantially less in scope than an audit and that no audit opinion is expressed.
- The figures for the corresponding quarter and half year ended September 30, 2025 were not subjected to limited review.
- The joint operation, Kanohar-BCPL JV, accounted on a proportionate basis, was not reviewed by this auditor; its results carry an unmodified opinion from another auditor dated October 27, 2026.
Standalone numbers as printed
- Revenue from operations, quarter ended September 30, 2026: Rs. 20,858.68 Lakhs, against Rs. 9,821.34 Lakhs in the quarter ended September 30, 2025.
- Profit for the period, quarter ended September 30, 2026: Rs. 5,386.91 Lakhs, against Rs. 1,927.27 Lakhs in the year-earlier quarter.
- Revenue from operations, half year ended September 30, 2026: Rs. 34,566.42 Lakhs.
- Profit for the period, half year ended September 30, 2026: Rs. 8,120.92 Lakhs.
The per-share figures in the statement are marked as not annualised, except for the year ended March 31, 2026. The company operates in a single reportable segment, power system.
IPO proceeds
The equity shares were listed on BSE (544911) and NSE (KANOHAR) on September 16, 2026, following an initial public offer. Against the fresh issue of Rs. 30,000.00 Lakhs, the statement of utilisation shows Rs. 26,144.00 Lakhs unutilised as at September 30, 2026.
Points to note
- The year-earlier comparatives in this statement were not reviewed, so the quarter-on-quarter comparison above rests on figures the auditor has not reviewed.
- The joint operation's numbers were reviewed by a different auditor, and the main auditor's opinion on that portion relies on that other report.
- These are standalone results, and the unmodified conclusion applies to the standalone statement.
In simple terms, the update records approval of results that show higher Revenue from operations and Profit for the period for the September 2026 quarter than the year-earlier quarter, along with an unmodified review conclusion and an update on how much of the IPO fresh issue is still unutilised.
Also from Kanohar Electricals
Monitoring agency report: Rs. 300 crore IPO proceeds used as per stated objects
2 Nov 2026
Kanohar Electricals to hold earnings call with investors/analysts on November 3, 2026 at 2:00 pm IST for Q2/H1 FY2027 results
28 Oct 2026
Board meeting on November 2, 2026 to consider and approve unaudited results
26 Oct 2026
More numbers
- Revenue from operations, quarter ended Sep 30, 2026 (standalone)Rs. 20,858.68 Lakhs
- Revenue from operations, quarter ended Sep 30, 2025 (standalone)Rs. 9,821.34 Lakhs
- Profit for the period, quarter ended Sep 30, 2026 (standalone)Rs. 5,386.91 Lakhs
- Profit for the period, quarter ended Sep 30, 2025 (standalone)Rs. 1,927.27 Lakhs
- Revenue from operations, half year ended Sep 30, 2026 (standalone)Rs. 34,566.42 Lakhs
- Profit for the period, half year ended Sep 30, 2026 (standalone)Rs. 8,120.92 Lakhs
- Fresh issue amount from IPORs. 30,000.00 Lakhs
- Unutilised IPO proceeds as at Sep 30, 2026Rs. 26,144.00 Lakhs
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