Board approves half-year results, CFO appointment and subsidiary incorporation
Unaudited financial results for the half year ended September 30, 2026 — standalone and consolidated — along with the Limited Review Report; the auditors said nothing came to their attention indicating material misstatement.
By ScoutQuest · · 2 min read
- Total income (standalone, H1 FY27)
- Rs. 1341.99 lakh
- Profit for the Year (standalone, H1 FY27)
- Rs. 119.21 lakh
- Revenue from operations (standalone, H1 FY27)
- 1207.51
What the Board decided
- Approved the unaudited financial results, on both standalone and consolidated basis, for the half year ended September 30, 2026, along with the Limited Review Report.
- Approved the appointment of Dr. CA Snehal Madhur Zanwar as Chief Financial Officer of the Company.
- Approved the incorporation of a subsidiary of the Company.
The meeting ran from 2:00 P.M. to 4:05 P.M.
Auditor's conclusion
NDAA & Associates LLP reviewed the standalone and consolidated results. Their conclusion is that nothing has come to their attention that causes them to believe the statements contain any material misstatement. This is a limited review, which by design gives less assurance than a full audit.
Standalone results, half year ended September 30, 2026 (Rs. In Lakhs):
- Revenue from operations: 1207.51
- Total income: 1341.99
- Total expenses: 1192.51
- Profit before tax: 149.48
- Profit for the Year: 119.21
- Earnings per share (of Rs.10 each), basic and diluted: 1.15
Compared with a year earlier
For the half year ended September 30, 2025, standalone 'Revenue from operations' was 1738.54 and 'Profit for the Year' was 245.99 (Rs. In Lakhs). The current half year's figures are lower on both lines.
Segment view (Rs. In Lakhs, half year ended September 30, 2026):
- Steel wool and Steel Fiber segment revenue: 1,207.51
- Concrete Flooring Services segment revenue: 1,838.37
- Total income from operations: 3,045.88
- Total profit before tax: 162.12
Balance sheet snapshot (standalone, Rs. In Lakhs)
- Total assets, equal to total equity and liabilities, as on September 30, 2026: 5,264.43, against 4,972.91 as on March 31, 2026 (audited).
- Cash and cash equivalents as on September 30, 2026: 5.30.
What a retail investor may note
The results are unaudited and reviewed, not audited. In the segment disclosure, the Concrete Flooring Services business contributed more revenue than Steel wool and Steel Fiber in this half year. The CFO appointment and the approved incorporation of a subsidiary are changes in how the company is run and structured.
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More numbers
- Revenue from operations, standalone, half year Sep-26 (Rs. In Lakhs)1207.51
- Total income, standalone, half year Sep-26 (Rs. In Lakhs)1341.99
- Total expenses, standalone, half year Sep-26 (Rs. In Lakhs)1192.51
- Profit for the Year, standalone, half year Sep-26 (Rs. In Lakhs)119.21
- Profit for the Year, standalone, half year Sep-25 (Rs. In Lakhs)245.99
- Basic and diluted earnings per share of Rs.10 each, Sep-261.15
- Total assets / total equity and liabilities as on Sep 30, 2026 (Rs. In Lakhs)5,264.43
- Income from Operations, segment, half year Sep-26 (Rs. In Lakhs)3,045.88
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