Board approves unaudited Q2 and H1 results; auditor's limited review flags no material misstatement
Board meeting on 31 October 2026 approved the unaudited standalone results for the quarter and half year ended 30.09.2026 and took on record the auditors' Limited Review Report.
By ScoutQuest · · 2 min read
| Line item | Latest | Year ago | YoY | Prev qtr | QoQ |
|---|---|---|---|---|---|
| Revenue from operations | 98515.11 | 76008.31 | +29.6% | 87503.04 | +12.6% |
| Total income | 98678.61 | 76072.54 | +29.7% | 87747.39 | +12.5% |
| Profit before tax | 11897.14 | 4685.28 | +154% | 10097.63 | +17.8% |
| Profit after tax | 8866.13 | 3478.57 | +155% | 7526.68 | +17.8% |
| Total comprehensive income | 8723.75 | 3551.88 | +146% | 8040.30 | +8.5% |
| Basic EPS | 15.77 | 6.19 | +155% | 13.39 | +17.8% |
- Total income YoY growth
- 76072.54 year ago (+29.7%)
- Profit after tax YoY growth
- 8866.13 latest vs 3478.57 year ago (+155%)
- Period
- QUARTER ENDED 30.09.2026
Also decided at the meeting
- Trading window for Directors, Designated & Connected Persons to open from November 03, 2026.
Auditor's review
Conclusion: Unmodified
Notes to the results
- The Company's business activities fall within a single operating segment (Textiles) under Ind AS 108.
- The Company does not have any Subsidiary/Associate/Joint Venture as on 30th September, 2026.
What the board approved
- The unaudited standalone financial results for the quarter and half year ended 30 September 2026, along with the Limited Review Report of the statutory auditors, Kalani & Co LLP.
- All figures below are standalone and are printed in Rs. in Lakhs.
Quarter ended 30.09.2026, with the same quarter last year for comparison
- Revenue from operations: Rs. 98515.11 lakhs, against Rs. 76008.31 lakhs.
- Total Revenue: Rs. 98678.61 lakhs, against Rs. 76072.54 lakhs.
- Total Expenses: Rs. 86781.47 lakhs, against Rs. 71387.26 lakhs.
- Finance Cost: Rs. 1993.12 lakhs, against Rs. 1608.33 lakhs.
- Profit before tax: Rs. 11897.14 lakhs, against Rs. 4685.28 lakhs.
- Profit for the period: Rs. 8866.13 lakhs, against Rs. 3478.57 lakhs.
- Earnings per share (basic and diluted): Rs. 15.77, against Rs. 6.19.
Half year ended 30.09.2026
- Revenue from operations: Rs. 186018.15 lakhs, against Rs. 155339.63 lakhs.
- Profit before tax: Rs. 21994.77 lakhs, against Rs. 10197.98 lakhs.
- Profit for the period: Rs. 16392.81 lakhs, against Rs. 7577.20 lakhs.
- Earnings per share: Rs. 29.16, against Rs. 13.48.
- Net cash generated from operating activities: Rs. 20925.95 lakhs.
Balance sheet pointers
- Total assets: Rs. 374095.84 lakhs as at 30.09.2026, against Rs. 291460.79 lakhs as at 31.03.2026.
- Non-current borrowings: Rs. 118330.91 lakhs, against Rs. 54521.43 lakhs.
- Current borrowings: Rs. 59679.63 lakhs, against Rs. 57928.44 lakhs.
- Capital Work-in-Progress: Rs. 91515.73 lakhs. The half year's cash flow shows Rs. 77781.07 lakhs used for Capital WIP including capital advances, which points to spending on ongoing projects.
- Total equity: Rs. 162150.53 lakhs, against Rs. 147073.08 lakhs.
Other decisions at the meeting
- The trading window for dealing in the company's shares opens on November 03, 2026 for directors, designated and connected persons and their immediate relatives.
- The meeting ran from 12:15 P.M. to 01:55 P.M.
Auditor's conclusion
- The Limited Review was carried out under the standard for review engagements, which gives moderate assurance and is not an audit.
- The auditors state that, based on their review, nothing has come to their attention that causes them to believe the statement contains a material misstatement or misses disclosures required under the regulations.
How a retail reader can use this
- The quarter's revenue and profit are both higher than the same quarter a year earlier, and the half year figures are higher than the corresponding half year.
- Borrowings and capital work-in-progress have risen sharply between 31.03.2026 and 30.09.2026, so interest cost and project progress are worth tracking in coming quarters.
- These are interim, unaudited standalone numbers reviewed by the auditors; the company reports a single business segment, textiles.
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31 Oct 2026
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26 Oct 2026
More numbers
- Profit for the period, half year ended 30.09.2026 (standalone)Rs. 16392.81 lakhs
- Non-current borrowings as at 30.09.2026Rs. 118330.91 lakhs
- Cash used for Capital WIP including capital advances, half yearRs. 77781.07 lakhs
- Total income, latest quarter98678.61 (Rs. in Lakhs)
- Total income, year-ago quarter76072.54 (Rs. in Lakhs)
- Total income, previous quarter87747.39 (Rs. in Lakhs)
- Total comprehensive income, latest quarter8723.75 (Rs. in Lakhs)
- Total comprehensive income, year-ago quarter3551.88 (Rs. in Lakhs)
- Total comprehensive income, previous quarter8040.30 (Rs. in Lakhs)
- Profit after tax, latest quarter8866.13 (Rs. in Lakhs)
- Profit after tax, year-ago quarter3478.57 (Rs. in Lakhs)
- Profit after tax, previous quarter7526.68 (Rs. in Lakhs)
- Revenue from operations, latest quarter98515.11 (Rs. in Lakhs)
- Revenue from operations, year-ago quarter76008.31 (Rs. in Lakhs)
- Revenue from operations, previous quarter87503.04 (Rs. in Lakhs)
- Profit before tax, latest quarter11897.14 (Rs. in Lakhs)
- Profit before tax, year-ago quarter4685.28 (Rs. in Lakhs)
- Profit before tax, previous quarter10097.63 (Rs. in Lakhs)
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