OMOmaxe532880Quarterly results

Board approved unaudited Q2 and half-year results; auditors' limited review finds no material misstatement

Omaxe's board approved the unaudited financial results (standalone and consolidated) for the quarter and half year ended 30 September 2026.

By ScoutQuest · Tue 27 Oct 2026, 4:37 PM IST · 2 min read

Un-reviewed entities total assets

Rs. 41.24 crores as at 30 September 2026

Entities not reviewed by auditors

144 entities under significant control and 2 associate companies

Un-reviewed entities revenue / profit

Revenue Rs. 10.51 crores and Rs. 11.07 crores; profit Rs. 0.36 crores and Rs. 0.71 crores

Board meeting outcome

Omaxe Limited's board approved the unaudited financial results for the quarter and half year ended 30 September 2026, prepared on both a standalone and a consolidated basis. The results were submitted together with the limited review reports of the statutory auditors, B S D & Co., Chartered Accountants.

Auditors' review conclusion

• The auditors issued limited review reports on the standalone results and on the consolidated results.
• In both, the conclusion is that nothing has come to their attention that causes them to believe the statements, prepared as per the applicable accounting standards, contain any material misstatement or fail to disclose information required under the listing regulations.
• The reports explain that a review consists mainly of enquiries and analytical procedures, is substantially less in scope than an audit, and therefore the auditors do not express an audit opinion.

Scope of the consolidated review

• The auditors did not review the interim financial results and other financial information in respect of 144 entities under significant control and 2 associate companies included in the consolidated statement.
• Those entities account for total assets of Rs. 41.24 crores as at 30 September 2026.
• Their total revenue (including other income) was Rs. 10.51 crores and Rs. 11.07 crores, and total profit Rs. 0.36 crores and Rs. 0.71 crores, for the quarter ended 30 September 2026 and the period ended on that date respectively.
• These numbers are based on interim results certified by the management of the group. The auditors state that, in their opinion and on the explanations given, these interim results are not material to the Group, and their conclusion is not modified on this account.

Group structure behind the numbers

The update carries an annexure listing the subsidiaries, step-subsidiaries, limited liability partnership firms and associate companies whose results form part of the consolidated statement. A second list covers group companies controlled by Omaxe Limited. For a retail reader, this shows the consolidated numbers are built from a large number of small entities rather than a single business.

Key takeaway

• The core message is that the quarter and half-year results were approved by the board and carry a clean limited review conclusion from the auditors.
• A limited review gives moderate assurance, not the full assurance of an audit; the auditors say so explicitly.
• The only qualification-free caveat flagged is that a set of 144 entities and 2 associates is included on the basis of management-certified, un-reviewed figures, which the auditors consider not material to the Group.

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