Malt Land Distilleries539560Quarterly results
Board approves Q2/H1 unaudited results; auditor's review flags interest not provided on loans
Board of Malt Land Distilleries approved the unaudited standalone and consolidated results for the quarter and half year ended 30 September 2026, with the Limited Review Report.
By ScoutQuest · · 2 min read
| Line item | Latest | Year ago | Prev qtr |
|---|---|---|---|
| Revenue from operations | 49,973.50 | — | — |
| Total income | 49,978.50 | 44.46 | 26.52 |
| Profit before tax | 937.04 | 37.60 | (952.11) |
| Profit after tax | 937.04 | 37.60 | (952.11) |
| Total comprehensive income | 937.04 | 37.60 | (952.11) |
| Basic EPS | 3.15 | 0.13 | (3.21) |
- Period
- CURRENT QUARTER 01.07.2026 to 30.09.2026
Auditor's review
Conclusion: Qualified
- Auditor states the results contain material misstatement in that interest on loan given and taken is not provided on all lendings and borrowings.
- Auditor states the results have not been prepared in accordance with applicable accounting standards i.e. IND AS under Section 133 of the Companies Act, 2013.
- Consolidated figures for the corresponding quarter/period were approved by the Board but have not been subjected to review.
The board of Malt Land Distilleries Ltd met on 19 October 2026 and considered and approved the unaudited standalone and consolidated financial results for the quarter and half year ended 30 September 2026, along with the Limited Review Report of the statutory auditor.
What else the meeting covered
- The board recorded that the statement of deviation or variation under Regulation 32 of SEBI (LODR) Regulations, 2015 is not applicable to the company, as it has not issued any share by way of public issue, right issue or preferential issue. An undertaking to that effect is enclosed with the update.
- The results were reviewed by the Audit Committee and then approved by the board.
Standalone numbers (as printed, Rs in lakhs)
- 'Revenue from operations' for the quarter ended 30 September 2026 was 49,973.50.
- 'Profit/(loss) for the period' was (28.66) for the quarter and (15.07) for the six months — printed in brackets, meaning losses.
- In the corresponding quarter of the previous year, 'Profit/(loss) for the period' was 37.60.
- Basic earnings per share for the quarter was (0.10).
- Paid up equity share capital stands at 2,970.10.
Consolidated numbers (as printed, Rs in lakhs)
- 'Profit/(loss) for the period' was 937.04 for the quarter and (15.07) for the six months.
- The consolidated quarter figure includes 'Share of Profit & Loss from Associates Companies' of 965.70, so the consolidated quarter result is positive even though the standalone quarter result is a loss.
Auditor's review conclusion
- The Limited Review Report from VRSK & Associates (Chartered Accountants) is issued subject to the matter given in Emphasis of Matter.
- It states that the accompanying statement of unaudited standalone financial results has not been prepared in accordance with applicable accounting standards, i.e. Ind AS prescribed under Section 133 of the Companies Act, 2013 read with relevant rules.
- It adds that nothing has come to the auditor's attention to suggest the statement contains any material misstatement, except that interest on loan given and taken is not provided on all lendings and borrowings.
- A review is limited mainly to inquiries and analytical procedures and gives less assurance than an audit; the auditor does not express an audit opinion.
What a retail reader may take away
- The headline item is the approval of the results; the two other takeaways are the auditor's Emphasis of Matter with a specific exception on interest provisioning, and the confirmation that the Regulation 32 statement is not applicable.
- Revenue in the quarter is visible in the standalone 'Revenue from operations' line, and the company ran a small standalone loss for the quarter after expenses exceeded income.
- The company was formerly known as Abhijit Trading Co. Limited, as stated on the update.
₹965.70 lakhShare of Profit & Loss from Associates Companies, consolidated, quarter
Total comprehensive income, latest quarter937.04 (₹ IN LAKHS)
Total income, quarter26.52 (₹ IN LAKHS)
Also from Malt Land Distilleries
Related party transaction disclosure for quarter and half year ended September 30, 2026: NIL transactions reported
19 Oct 2026
Board meeting on 19 October 2026 to consider and approve September quarter results
14 Oct 2026
More numbers
- Profit/(loss) for the period, standalone, quarter(28.66)
- Profit/(loss) for the period, standalone, six months(15.07)
- Share of Profit & Loss from Associates Companies, consolidated, quarter965.70
- Basic earnings per share, standalone, quarter(0.10)
- Paid up equity share capital2,970.10
- Total income, latest quarter49,978.50 (₹ IN LAKHS)
- Total income, year-ago quarter44.46 (₹ IN LAKHS)
- Total income, previous quarter26.52 (₹ IN LAKHS)
- Total comprehensive income, latest quarter937.04 (₹ IN LAKHS)
- Total comprehensive income, year-ago quarter37.60 (₹ IN LAKHS)
- Total comprehensive income, previous quarter(952.11) (₹ IN LAKHS)
- Profit after tax, latest quarter937.04 (₹ IN LAKHS)
- Profit after tax, year-ago quarter37.60 (₹ IN LAKHS)
- Profit after tax, previous quarter(952.11) (₹ IN LAKHS)
- Revenue from operations, latest quarter49,973.50 (₹ IN LAKHS)
- Profit before tax, latest quarter937.04 (₹ IN LAKHS)
- Profit before tax, year-ago quarter37.60 (₹ IN LAKHS)
- Profit before tax, previous quarter(952.11) (₹ IN LAKHS)
- Revenue from operations, year-ago quarter-
- Revenue from operations, previous quarter-
Source: BSE · 19 Oct 2026
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