Board approves unaudited Q2 results; auditor's limited review finds no material misstatement
Board meeting outcome.
By ScoutQuest · · 3 min read
| Line item | Latest | Year ago | YoY | Prev qtr | QoQ |
|---|---|---|---|---|---|
| Revenue from operations | 19.74 | 42.87 | −54% | 19.51 | +1.2% |
| Total income | 19.74 | 84.87 | −76.7% | 19.51 | +1.2% |
| Profit before tax | 11.93 | 29.81 | −60% | 13.83 | −13.7% |
| Profit after tax | 8.85 | 22.29 | −60.3% | 10.26 | −13.7% |
| Total comprehensive income | 8.85 | 22.29 | −60.3% | 10.26 | −13.7% |
| Basic EPS | 0.00 | 0.00 | — | 0.00 | — |
- Total income
- Latest 19.74; Year ago 84.87 (−76.7%); Prev qtr 19.51 (+1.2%)
- Profit after tax
- Latest 8.85; Year ago 22.29 (−60.3%); Prev qtr 10.26 (−13.7%)
- Period
- 30/09/2026 UNAUDITED
Auditor's review
Conclusion: Unmodified
What the board did
The board of Kretto Syscon Ltd considered and approved the unaudited financial results for the quarter ended 30 September 2026. The results are standalone and were reviewed by the statutory auditors, Nirav S. Shah & Co., Chartered Accountants, whose Limited Review Report forms part of the same update. The board meeting ran from 06:00 p.m. to 07:00 p.m., and the results were first reviewed by the Audit Committee.
Auditor's review conclusion
- A limited review is narrower than a full audit: it relies on analytical procedures and enquiries, and the auditors state they do not express an audit opinion on the statements.
- On that basis, the auditors state that nothing has come to their notice that causes them to believe the statement has not disclosed the information required under Regulation 33 of the SEBI (LODR) Regulations, 2015, or that it contains any material misstatement.
- The conclusion is unmodified, and the statement is described as the responsibility of the company's management, approved by the board.
Quarterly numbers (standalone, Rs. in lakh)
- Revenue from operations: 19.74, against 42.87 in the same quarter a year earlier.
- Other income: nil, so total income was also 19.74 against 42.87.
- Profit before exceptional items and tax: 11.93, against 29.81 a year earlier.
- Profit for the period: 8.85, against 22.29 a year earlier.
- Quarter on quarter, revenue from operations moved from 19.51 (June 2026 quarter) to 19.74, while profit for the period moved from 10.26 to 8.85.
Half-year numbers (standalone, Rs. in lakh)
- Revenue from operations: 39.25, against 420.97 in the same six months a year earlier.
- Profit before exceptional items and tax: 25.76, against 312.23.
- Profit for the period: 19.11, against 231.28.
- Total comprehensive income: 19.11, against 231.28.
Balance sheet at 30 September 2026 (Rs. in figures)
- Total assets: 705,424,663, against 707,908,653 at 31 March 2026.
- Shareholders' funds: 695,130,081, against 696,004,314.
- Long term borrowings: 3,530,756, unchanged from 31 March 2026.
- Cash and cash equivalents: 400,595, against 1,893,331.
- Trade receivables: 62,309,500, against 62,311,560.
Cash flow for the half year (Rs. in lakh)
- Net cash flow from operating activities: -37.18.
- Net cash flow from investing activities: 69.25.
- Net cash flow from financing activities: -37.02.
- Closing cash and cash equivalents: 4.01.
Other points to note
- Investor complaints: nil pending at the start of the quarter, none received, none disposed of, none unresolved at the end.
- The cash flow statement is for the half year ended 30 September 2026, while the profit and loss figures are given for both the quarter and the six months.
How to read this
- The striking feature of these numbers is the year-on-year fall in both revenue from operations and profit for the quarter as well as the half year, while the quarter-on-quarter revenue was broadly flat.
- An unmodified limited review conclusion means the auditors did not flag a material misstatement in the reviewed numbers; it is not a comment on the company's business prospects or future earnings.
- The balance sheet shows long term borrowings unchanged and no short term borrowings in the current period, while cash and cash equivalents came down from Rs. 1,893,331 to Rs. 400,595.
Also from Kretto Syscon
Revised board meeting outcome re-shared after exchange flags wrong meeting date in covering letter
23 Oct 2026
Board meeting on 22 October 2026 to consider September quarter financial results
16 Oct 2026
More numbers
- Revenue from operations, six months ended 30.09.2026 (standalone)39.25
- Revenue from operations, six months ended 30.09.2025 (standalone)420.97
- Profit for the period, six months ended 30.09.2026 (standalone)19.11
- Profit for the period, six months ended 30.09.2025 (standalone)231.28
- Total income, latest quarter19.74 (In Lakhs)
- Total income, year-ago quarter84.87 (In Lakhs)
- Total income, previous quarter19.51 (In Lakhs)
- Total comprehensive income, latest quarter8.85 (In Lakhs)
- Total comprehensive income, year-ago quarter22.29 (In Lakhs)
- Total comprehensive income, previous quarter10.26 (In Lakhs)
- Profit after tax, latest quarter8.85 (In Lakhs)
- Profit after tax, year-ago quarter22.29 (In Lakhs)
- Profit after tax, previous quarter10.26 (In Lakhs)
- Revenue from operations, latest quarter19.74 (In Lakhs)
- Revenue from operations, year-ago quarter42.87 (In Lakhs)
- Revenue from operations, previous quarter19.51 (In Lakhs)
- Profit before tax, latest quarter11.93 (In Lakhs)
- Profit before tax, year-ago quarter29.81 (In Lakhs)
- Profit before tax, previous quarter13.83 (In Lakhs)
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