Board approves unaudited standalone results for September 2026 quarter; auditors' review conclusion unmodified
Board meeting on 22 October 2026 approved the unaudited standalone financial results for the quarter and half year ended 30 September 2026.
By ScoutQuest · · 2 min read
| Line item | Latest | Year ago | YoY | Prev qtr | QoQ |
|---|---|---|---|---|---|
| Total income | 532.70 | 150.26 | +255% | 569.89 | −6.5% |
| Profit before tax | 165.15 | 2.38 | — | 213.33 | −22.6% |
| Profit after tax | 128.62 | 2.38 | — | 172.22 | −25.3% |
| Total comprehensive income | 128.62 | 2.38 | — | 238.98 | −46.2% |
| Basic EPS | 2.86 | 0.05 | — | 3.83 | −25.3% |
- Total income year ago
- 150.26 (+255%)
- Period
- 30-09-2026 UNAUDITED
Auditor's review
Conclusion: Unmodified
What the board approved
- The board of Mahan Industries Ltd met on 22 October 2026 from 07.00 P.M. to 08.00 P.M.
- It considered and approved the unaudited standalone financial results for the quarter and half year ended 30 September 2026, together with the limited review report of the statutory auditors.
- The results were reviewed by the Audit Committee at its meeting on the same date and then adopted by the board.
Auditor's review conclusion
- The statutory auditors are S D P M & Co., Chartered Accountants (FRN 126741W).
- Their conclusion is unmodified: nothing came to their attention that causes them to believe the statement contains any material misstatement or has not disclosed the information required under Regulation 33.
- A limited review provides moderate assurance and is not an audit; the auditors state they do not express an audit opinion.
Results at a glance (standalone, Rs. in lacs)
- Total Income (I+II): 532.70 for the quarter ended 30 September 2026; 569.89 for the quarter ended 30 June 2026; 150.26 for the quarter ended 30 September 2025.
- Total Income for the half year ended 30 September 2026: 1,102.59, against 215.51 for the half year ended 30 September 2025.
- Total Expenses: 367.56 for the quarter.
- Profit/(Loss) before tax: 165.15 for the quarter; 378.48 for the half year.
- Net Profit After Tax from Business Operations: 128.62 for the quarter; 300.84 for the half year; 4.61 for the financial year ended 31 March 2026.
- Total tax expense: 36.53 for the quarter (all current tax).
- Basic and diluted earnings per share: 2.86 for the quarter; 6.69 for the half year; 0.10 for the year ended 31 March 2026.
- Total Comprehensive Income: 128.62 for the quarter; 367.60 for the half year.
Balance sheet as at 30 September 2026 (Rs. in lacs)
- Total Assets: 2,122.32, against 1,096.13 as at 31 March 2026.
- Total Equity: 888.30, against 520.70.
- Borrowings (Other than Debt Securities): 948.63, against 526.74.
- Total Liabilities: 1,234.02, against 575.43.
- Cash and Cash Equivalents: 187.48, against 2.48.
- Paid up Equity Share Capital: 450.00, with face value of Rs. 10 per share.
Cash flow for the half year ended 30 September 2026 (Rs. in lacs)
- Net Cash from Operating Activities: 600.52.
- Net Cash from Investing Activities: (548.33), printed in brackets, i.e. a net outflow.
- Net Cash used in Financing Activities: 132.81.
- Net increase in cash and cash equivalents: 185.00.
What a retail reader should note
- These are standalone and unaudited results; a limited review by the statutory auditors has been carried out and the conclusion is unmodified.
- The statement carries the figures both for the quarter and for the cumulative half year, alongside the corresponding prior-period columns printed in the same table, so the two can be compared directly.
- The cash flow statement and the assets and liabilities statement are part of the same update and are printed in Rs. in lacs.
Also from Mahan Industries
Board meeting on 22 October 2026 to approve un-audited standalone results for September quarter
17 Oct 2026
More numbers
- Total Income, quarter ended 30 Sep 2026 (standalone)532.70 (Rs. in lacs)
- Net Profit After Tax from Business Operations, quarter ended 30 Sep 2026128.62 (Rs. in lacs)
- Net Profit After Tax from Business Operations, half year ended 30 Sep 2026300.84 (Rs. in lacs)
- Total Assets as at 30 Sep 20262,122.32 (Rs. in lacs)
- Borrowings (Other than Debt Securities) as at 30 Sep 2026948.63 (Rs. in lacs)
- Net Cash from Operating Activities, half year ended 30 Sep 2026600.52 (Rs. in lacs)
- Total Equity as at 30 Sep 2026888.30 (Rs. in lacs)
- Total income, latest quarter532.70 (Rs. in Lacs)
- Total income, year-ago quarter150.26 (Rs. in Lacs)
- Total income, previous quarter569.89 (Rs. in Lacs)
- Total comprehensive income, latest quarter128.62 (Rs. in Lacs)
- Total comprehensive income, year-ago quarter2.38 (Rs. in Lacs)
- Total comprehensive income, previous quarter238.98 (Rs. in Lacs)
- Profit after tax, latest quarter128.62 (Rs. in Lacs)
- Profit after tax, year-ago quarter2.38 (Rs. in Lacs)
- Profit after tax, previous quarter172.22 (Rs. in Lacs)
- Profit before tax, latest quarter165.15 (Rs. in Lacs)
- Profit before tax, year-ago quarter2.38 (Rs. in Lacs)
- Profit before tax, previous quarter213.33 (Rs. in Lacs)
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