Board approves unaudited Q2 and H1 results; auditors' limited review finds no material misstatement
Board met on November 05, 2026 and approved the unaudited results for the quarter and half year ended September 30, 2026.
By ScoutQuest · · 2 min read
| Line item | Latest | Year ago | YoY | Prev qtr | QoQ |
|---|---|---|---|---|---|
| Revenue from operations | 8,351.43 | 9,726.59 | −14.1% | 9,901.35 | −15.7% |
| Total income | 8,374.60 | 9,743.79 | −14.1% | 9,917.41 | −15.6% |
| Profit before tax | 80.26 | 71.66 | +12% | 79.08 | +1.5% |
| Profit after tax | 63.06 | 55.66 | +13.3% | 62.08 | +1.6% |
| Total comprehensive income | 72.62 | 65.22 | +11.3% | 71.53 | +1.5% |
| Basic EPS | 1.05 | 0.93 | +12.9% | 1.03 | +1.9% |
- Total income YoY change
- 9,743.79 (−14.1%)
- Profit after tax (latest, ₹ lakhs)
- 63.06 (+13.3% YoY)
- Period
- 30.09.2026
Auditor's review
Conclusion: Unmodified
What the board approved
- The Board of Directors met on Thursday, November 05, 2026, from 04:00 P.M. to 05:00 P.M. (IST).
- It considered and approved the unaudited financial results for the quarter and half year ended September 30, 2026, along with the Limited Review Report of statutory auditors R. A. Kuvadia & Co., Chartered Accountants.
- The results were reviewed by the Audit Committee before board approval.
Auditor's review conclusion
The auditors stated that nothing has come to their attention that causes them to believe the statement has not disclosed the information required under Regulation 33, or that it contains any material misstatement. That is a clean review conclusion. A review gives moderate assurance and is not a full audit.
How the quarter looked (standalone, Rs. in lakhs)
- Revenue from operations: 8,351.43 for the quarter ended September 30, 2026, against 9,726.59 in the same quarter a year earlier and 9,901.35 in the preceding quarter ended June 30, 2026.
- Total income: 8,374.60 against 9,743.79.
- Total expenses: 8,294.34 against 9,672.13, so the cost base came down by more than revenue did.
- Net profit for the period: 63.66 against 55.66.
- Basic and diluted earnings per share: 1.05 each against 0.93.
Half year at a glance (Rs. in lakhs)
- Revenue from operations: 18,252.78 against 17,186.25.
- Total income: 18,292.01 against 17,226.21.
- Net profit for the period: 125.14 against 95.57.
- Basic and diluted earnings per share: 2.08 against 1.59.
- The company notes that earnings per share for the quarter and half year are not annualised.
Balance sheet (as at September 30, 2026, Rs. in lakhs)
- Total assets: 13,252.85, against 14,788.35 as at March 31, 2026.
- Inventories: 8,303.83 against 9,077.64; trade receivables 3,196.70 against 4,162.21.
- Total equity: 5,626.72 against 5,501.58.
- Borrowings: current 4,000.39 against 4,124.39; non-current 495.22 against 45.33.
- Paid up equity share capital: 602.36 on both dates, with face value of Rs. 10 each.
Cash flow for the half year (Rs. in lakhs)
- Net cash used in operating activities: 25.38, against 1,906.27 generated in the same half of the previous year, mainly reflecting working capital movements.
- Net cash generated from financing activities: 117.88, against 1,817.22 used earlier, helped by proceeds from a term loan from a bank.
- Cash and cash equivalents at the end of the period: 5.46 against 3.16.
Points a retail investor may note
- The company states its business falls within a single primary business segment, described as Trading of Goods and Services.
- The earnings figures are for the company's own statement of results; the auditors' conclusion is on that statement.
- Share capital is unchanged over the six months, so the per-share figures are calculated on the same 602.36 lakh of paid up capital at both period ends.
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More numbers
- Revenue from operations, Q2 FY27 (standalone)8,351.43 (Rs. in lakhs)
- Total income, Q2 FY27 (standalone)8,374.60 (Rs. in lakhs)
- Net profit for the period, Q2 FY2763.66 (Rs. in lakhs)
- Revenue from operations, half year FY2718,252.78 (Rs. in lakhs)
- Net profit for the period, half year FY27125.14 (Rs. in lakhs)
- Paid up equity share capital as at September 30, 2026602.36 (Rs. in lakhs)
- Total assets as at September 30, 202613,252.85 (Rs. in lakhs)
- Total income, latest quarter8,374.60 (Rs. in lakhs)
- Total income, year-ago quarter9,743.79 (Rs. in lakhs)
- Total income, previous quarter9,917.41 (Rs. in lakhs)
- Total comprehensive income, latest quarter72.62 (Rs. in lakhs)
- Total comprehensive income, year-ago quarter65.22 (Rs. in lakhs)
- Total comprehensive income, previous quarter71.53 (Rs. in lakhs)
- Profit after tax, latest quarter63.06 (Rs. in lakhs)
- Profit after tax, year-ago quarter55.66 (Rs. in lakhs)
- Profit after tax, previous quarter62.08 (Rs. in lakhs)
- Revenue from operations, latest quarter8,351.43 (Rs. in lakhs)
- Revenue from operations, year-ago quarter9,726.59 (Rs. in lakhs)
- Revenue from operations, previous quarter9,901.35 (Rs. in lakhs)
- Profit before tax, latest quarter80.26 (Rs. in lakhs)
- Profit before tax, year-ago quarter71.66 (Rs. in lakhs)
- Profit before tax, previous quarter79.08 (Rs. in lakhs)
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