Board approves un-audited Q2/H1 results; auditor's Limited Review Report unmodified
Board met on 05 Nov 2026 (4:00 PM to 6:40 PM) and approved the un-audited standalone results for the quarter and half year ended 30 September 2026.
By ScoutQuest · · 3 min read
| Line item | Latest | Year ago | YoY | Prev qtr | QoQ |
|---|---|---|---|---|---|
| Revenue from operations | 25.72 | 413.09 | −93.8% | 18.56 | +38.6% |
| Total income | 29.30 | 413.45 | −92.9% | 20.09 | +45.8% |
| Profit before tax | (3.20) | 141.10 | — | (4.30) | +25.6% |
| Profit after tax | (3.20) | 141.10 | — | (4.30) | +25.6% |
| Total comprehensive income | (3.20) | 141.10 | — | (4.30) | +25.6% |
| Basic EPS | 0.00 | 0.90 | −100% | 0.00 | — |
- Total Income YoY Change
- Year ago 413.45 (−92.9%)
- Period
- 3 Months ended 30.09.2026
Auditor's review
Conclusion: Unmodified
Results approved at the board meeting
- The board, at its meeting on Thursday, 05 November 2026 (04:00 P.M. to 06:40 P.M.), considered and approved the un-audited standalone financial results of the company for the quarter and half year ended 30 September 2026.
- The Limited Review Report of Chitranjan Agarwal & Associates, Chartered Accountants, was taken on record and is annexed to the results.
- The auditor's review report is unmodified: nothing came to their attention that causes them to believe the statement contains a material misstatement.
- The company also informed the exchanges that the PAN of designated person(s) which stands frozen with effect from 1 October 2026 will stand un-frozen by the designated depository, NSDL, 48 hours after declaration of these results.
How the quarter looked (standalone, figures as printed, Rs. in lakhs)
- Revenue from operations: 25.72, against 413.09 in the corresponding quarter of the previous year.
- Other income 3.58, taking Total Revenue to 29.30.
- Total expenses 32.50, which is more than total revenue.
- Profit / (Loss) before exceptional and tax: (3.20); Net Profit / (Loss) for the period: (3.20), against 141.10 in the year-ago quarter.
- Earning (loss) per share, basic and diluted: 0.00, against 0.90 a year earlier.
Half year at a glance
- Revenue from operations 44.28; Total Revenue 49.39; Total expenses 56.89.
- Net Profit / (Loss) for the period (7.50), against 125.25 in the previous half year.
- Basic and diluted earning (loss) per share 0.00, against 0.80.
Where the revenue came from
- The company reports three segments: Real Estate, Finance and Shares.
- Real Estate segment revenue was nil for the quarter, against 400.00 in the corresponding quarter of the previous year.
- The Finance segment brought in 29.30 for the quarter, against 13.46 a year earlier.
- Segment results before tax and interest added up to 29.30; finance cost for the quarter was 10.63 and other unallocable expenditure net of unallocable income 21.87.
- Total capital employed was 3,351.31 as at 30 September 2026, against 3,351.31 in the preceding quarter and 3,385.95 a year earlier.
Balance sheet checkpoints (30 September 2026 vs 31 March 2026)
- Total assets 4,563.79 against 3,748.35.
- Non-current borrowings 941.56 against 364.50; current borrowings 120.00 against nil.
- Total liabilities 1,212.48 against 389.54.
- Total equity 3,351.31 against 3,358.81; paid-up equity share capital 1,560.92 with face value 10.00 per share.
- Cash and cash equivalents 717.29 against 259.47.
Cash flow for the period ended 30 September 2026
- Net cash flow from operating activities (278.10).
- Net cash flow from investing activities 49.38.
- Net cash flow from financing activities 686.54.
- Net cash flow during the period 457.82.
What a retail investor can note
This is a results announcement. Alongside the numbers, three points stand out: the auditor's unmodified review conclusion; the swing at the Net Profit / (Loss) for the period line to a loss for both the quarter and the half year; and the Real Estate segment showing no revenue for the quarter while the Finance segment carried the revenue. Borrowings moved up to 941.56 (non-current) from 364.50 at the previous year end, and total liabilities rose to 1,212.48 from 389.54.
Also from Max heights Infrastucture
Half-yearly related-party transaction disclosure for 1 April 2026 to 30 September 2026
5 Nov 2026
Board meeting on 05 November 2026 to consider and approve September quarter results
29 Oct 2026
AGM approves Konica Arora as Independent Director for 5 years; Mansi Narang re-appointed
25 Sep 2026
More numbers
- Total expenses, quarter ended 30.09.2026 (Rs. in lakhs)32.50
- Revenue from operations, half year ended 30.09.2026 (Rs. in lakhs)44.28
- Net Profit / (Loss) for the period, half year ended 30.09.2026 (Rs. in lakhs)(7.50)
- Paid-up equity share capital (Rs. in lakhs)1,560.92
- Total income, latest quarter29.30 (Rs. In Lakhs)
- Total income, year-ago quarter413.45 (Rs. In Lakhs)
- Total income, previous quarter20.09 (Rs. In Lakhs)
- Total comprehensive income, latest quarter(3.20) (Rs. In Lakhs)
- Total comprehensive income, year-ago quarter141.10 (Rs. In Lakhs)
- Total comprehensive income, previous quarter(4.30) (Rs. In Lakhs)
- Profit after tax, latest quarter(3.20) (Rs. In Lakhs)
- Profit after tax, year-ago quarter141.10 (Rs. In Lakhs)
- Profit after tax, previous quarter(4.30) (Rs. In Lakhs)
- Revenue from operations, latest quarter25.72 (Rs. In Lakhs)
- Revenue from operations, year-ago quarter413.09 (Rs. In Lakhs)
- Revenue from operations, previous quarter18.56 (Rs. In Lakhs)
- Profit before tax, latest quarter(3.20) (Rs. In Lakhs)
- Profit before tax, year-ago quarter141.10 (Rs. In Lakhs)
- Profit before tax, previous quarter(4.30) (Rs. In Lakhs)
Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.