Board approves results for quarter and half year ended 30 September 2026; Whole Time Director re-appointed
Board approved unaudited standalone & consolidated results for Q2/H1 ended 30 Sep 2026.
By ScoutQuest · · 2 min read
- Standalone Q2 Revenue
- Rs. 458.43 lakh
- Standalone Q2 PBT
- Rs. 33.83 lakh
- Standalone Q2 Net Profit
- Rs. 9.19 lakh
Machhar Industries' board met on 23 October 2026 and approved the company's unaudited standalone and consolidated financial results for the quarter and half year ended 30 September 2026. The statutory auditors' Limited Review Report on both sets of results was also considered and approved, and the auditors' conclusion is unmodified.
The quarter in numbers (standalone, Rs. in lakh)
- Revenue from operations: 458.43
- Profit before tax: 33.83
- Net profit for the quarter: 9.19, against 2.13 in the same quarter a year earlier
- Basic earnings per share: 1.24
- Net profit for the six months ended 30 September 2026: 38.08
- Total comprehensive income for the quarter: a negative 52.74
The gap between profit before tax of 33.83 and net profit of 9.19 is the tax charge for the quarter. The negative total comprehensive income arises because a remeasurement charge on post-employment benefit obligations flows through other comprehensive income rather than through the profit and loss account. So the quarter shows a profit, but a negative figure once that item is included; total comprehensive income is not the same as operating performance or cash profit.
Whole Time Director re-appointed
- On the recommendation of the Nomination and Remuneration Committee, the board approved the re-appointment of Mr. Vyankat Katkar (DIN: 00980778) as Whole Time Director for a further term of 18 months with effect from 1 April 2026.
- The re-appointment is subject to the approval of the shareholders.
- A brief profile of the director is annexed to the update.
Postal ballot
- The board reviewed and approved the draft Postal Ballot Notice, which will be circulated in due course. This is the route through which member approval for items such as the director re-appointment is expected to be sought.
What a retail reader can take away
- The numbers are unaudited and have been reviewed by the auditors, not audited.
- Net profit for the quarter (9.19) was higher than in the same quarter a year earlier (2.13), while earnings per share for the quarter was 1.24.
- The consolidated results include the company's joint venture, Nirvan Nutra Private Limited.
- The director re-appointment does not take effect until shareholders approve it.
Also from Machhar Industries
Board approves Q2 and H1 results, Whole Time Director re-appointment and draft Postal Ballot Notice
23 Oct 2026
Vehicle loan agreement executed with HDFC Bank; facility up to Rs. 42.50 Lakhs
13 Oct 2026
Board meeting on 23 October 2026 to approve September quarter and half year results
6 Oct 2026
More numbers
- Revenue from operations, Q2 (standalone)458.43
- Profit before tax, Q2 (standalone)33.83
- Net profit for the quarter, Q2 (standalone)9.19
- Net profit for the quarter, Q2 previous year (standalone)2.13
- Net profit for the half year ended 30/09/2026 (standalone)38.08
- Basic EPS for the quarter (Rs. per share)1.24
- Total comprehensive income for the quarter (standalone)(52.74)
- Further term of re-appointment as Whole Time Director18 months
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