Novus Loyalty544735Quarterly results

Unaudited H1 results approved, unmodified limited review, secretarial auditor appointed

Board meeting on 26 October 2026 approved the unaudited results for the half year ended 30 September 2026; statutory auditors L N Nangalya & Co. issued an unmodified limited review report.

By ScoutQuest · Mon 26 Oct 2026, 5:18 PM IST · 3 min read

₹756.56 lakh+32.3%

2025₹571.92 lakh2026₹756.56 lakh

Profit for the period, half year ended 30.09. (figures in lakh: ₹571.92 lakh (2025) and ₹756.56 lakh (2026).

Revenue from operations: 9,789.96 lakh vs 7,140.87 lakh a year earlier
Profit for the period: 756.56 lakh vs 571.92 lakh (figures in lakh)
Limited review report: unmodified limited review report issued by statutory auditors L N Nangalya & Co.

The board met on 26 October 2026 and approved the company's unaudited financial results for the half year ended 30 September 2026, with year-to-date figures for 1 April 2026 to 30 September 2026. The same meeting appointed a secretarial auditor for the current financial year.

What the auditors said

Statutory auditors M/s. L N Nangalya & Co., Chartered Accountants, carried out a limited review of the statement and the company states the report is unmodified.
A limited review is narrower in scope than a full audit, and the auditors state they do not express an audit opinion.
The auditors state that nothing has come to their attention that causes them to believe the statement is not prepared in accordance with the applicable accounting standards, or that it contains any material misstatement.

Other decision at the meeting

M/s. Mohit Singla & Associates, Company Secretaries (CP. No. 20947), appointed as Secretarial Auditor of the company for the financial year 2026-27.

Half-year performance (figures in lakh, as printed)

Revenue from operations: 9,789.96 for the half year ended 30.09.2026, against 7,140.87 for the half year ended 30.09.2025.
Other income: 95.60 against 2.19.
Total revenue: 9,885.56 against 7,143.06.
Total expenses: 8,870.20 against 6,378.77.
Profit before tax: 1,015.36 against 764.29, with no exceptional or extraordinary items in either period.
Tax expense: current tax 255.00 and deferred tax 3.80.
Profit for the period: 756.56 against 571.92.
Basic and diluted earnings per equity share (face value Rs. 10 each): 4.87 against 4.92. The paid up share capital line in the results shows 1,555.02 for this half against 1,225.02 for the year-ago half.

Balance sheet (figures in lakh)

Total assets: 7,597.49 as at 30 September 2026, against 7,236.74 as at 31 March 2026.
Cash and cash equivalents: 5,403.51 against 6,162.38.
Inventories: 798.41 against 349.01.
Trade receivables: 279.98 against 187.27.
Equity share capital: 1,555.02, unchanged from 31 March 2026.

Cash flow (figures in lakh, half year ended 30.09.2026)

Net cash from operating activities: (519.24), shown as a negative figure.
Net cash from investing activities: (228.64).
Net cash from financing activities: (10.99).
Net decrease in cash and cash equivalents: (758.88).

How the business is presented

The company reports a single segment, so there is one reportable segment.
It has no subsidiary or joint venture company as on 30 September 2026, so these figures relate to the company on its own.

What a reader can check

Revenue from operations and profit for the period are both higher than in the same half of the previous year, and the auditors' review report is unmodified.
Earnings per share is 4.87 against 4.92 in the year-ago half, and the statement shows a larger paid up share capital this half than in that year-ago half.
The cash flow statement shows cash used in operating activities of (519.24) lakh for the half year and a fall in cash and cash equivalents from 6,162.38 lakh to 5,403.51 lakh.

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