NSNational Stock Exchange of India544937Quarterly results

Board approves Q2/H1 results with unmodified audit opinion; up to 40% stake divestment in coal exchange arm

Board approved audited standalone and consolidated results for the quarter and half year ended September 30, 2026; auditor Walker Chandhiok & Co LLP gave an unmodified opinion.

By ScoutQuest · Tue 3 Nov 2026, 5:41 PM IST · 2 min read

Consolidated profit for the period

₹ 2,577.62 crore (₹ 2,098.47 crore a year earlier)

Revenue from operations (consolidated)

4,066.80 (3,676.80 in the year-earlier quarter)

Approved divestment

up to 40% stake in National Coal Exchange of India Ltd, at present a wholly-owned subsidiary

The board meeting held on November 3, 2026 cleared the audited accounts for the quarter and half year ended September 30, 2026, and a decision to sell part of the company's holding in its coal exchange business.

Results (consolidated, ₹ in crore)

• Revenue from operations: 4,066.80, against 3,676.80 in the same quarter a year earlier.
• Total income: 4,554.46.
• Profit for the period: 2,577.62, against 2,098.47 a year earlier.
• Half year: profit for the period 5,697.70.
• Earnings per share (basic and diluted), for the quarter: 10.41.

The company also approved its standalone audited results for the same period.

What the auditor said

• Walker Chandhiok & Co LLP issued an unmodified opinion on the consolidated statement. In simple words, the auditor's view is neither qualified nor modified.
• The opinion states that the statement gives a true and fair view in conformity with the recognition and measurement principles of Ind AS 34, read with the Companies (Indian Accounting Standards) Rules, 2015.
• The auditor relied on the reports of other auditors for some subsidiaries and step-down subsidiaries, and on interim results certified by the management for certain associates; the opinion is not modified on that account.

Divestment in National Coal Exchange of India Limited

• The board approved divestment of up to 40% of the company's stake in National Coal Exchange of India Limited, which is at present a wholly-owned subsidiary.
• The route is a secondary sale of equity shares, in one or more tranches. In a secondary sale, shares change hands from the existing owner to a buyer; the money goes to the seller, not into the company whose shares are sold.
• The update states that the terms of the proposed transaction are yet to be finalised, and that further disclosures will follow as and when the terms are finalised or any further disclosable event occurs.

How to read this

• The results are the regular quarterly update. The two headline lines to track above are revenue from operations and profit for the period, with the year-earlier quarter placed alongside for comparison.
• The stake sale is the non-routine decision in this update. Since the terms are yet to be finalised, the financial effect for the company will depend on those terms.

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.

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