Board approves unaudited September 2026 quarter results; auditor's limited review finds no material misstatement
Board met on 19 Oct 2026 and approved Ontic Finserve's unaudited results for the quarter ended 30 Sep 2026; the audit committee reviewed and recommended them.
By ScoutQuest · · 2 min read
| Line item | Latest | Year ago | YoY | Prev qtr | QoQ |
|---|---|---|---|---|---|
| Revenue from operations | 0.00 | 40.06 | −100% | 0.00 | — |
| Total income | 0.00 | 46.20 | −100% | 2.17 | −100% |
| Profit before tax | -4.20 | 41.42 | — | -287.39 | +98.5% |
| Profit after tax | -4.20 | 30.65 | — | -287.39 | +98.5% |
| Total comprehensive income | -4.20 | 30.65 | — | -287.39 | +98.5% |
- Total income year ago
- 46.20 (−100%)
- Period
- 30/09/2026
Auditor's review
Conclusion: Unmodified
Board outcome
The board of Ontic Finserve Ltd met on Monday, 19 October 2026, from 05:00 PM to 05:30 PM, and approved the unaudited financial results of the company for the quarter ended 30 September 2026. The results were reviewed and recommended by the audit committee before the board took them on record.
Auditor's review conclusion
The Limited Review Report is from Nirav S. Shah & Co., Chartered Accountants, the statutory auditors. It states that based on their review, nothing has come to their notice that causes them to believe that the statement of unaudited financial results, prepared in accordance with Accounting Standards and other recognised accounting practices and policies, has not disclosed the information required in terms of Regulation 33, or that it contains any material misstatement. A review applies analytical procedures and inquiries of those responsible for financial and accounting matters. The auditors state that it is substantially less in scope than an audit and that they do not express an audit opinion.
Earnings — standalone, figures in Rs. lakhs
- Revenue from operations: 0.00 for the quarter ended 30/09/2026, against 40.06 for the quarter ended 30/09/2025
- Total income: 0.00 against 46.20
- Total expenses: 4.20 against 4.78
- Profit/(loss) for the period: -4.20 against 30.65
- Profit/(loss) for the six months ended 30/09/2026: -291.59, against 70.79 for the six months ended 30/09/2025
Balance sheet as at 30/09/2026 — Rs. in figures
- Share capital: 90,003,000
- Reserves and Surplus: (85,777,180)
- Current year loss: (4,225,820)
- Sub-total shareholders' fund: 4,225,820, against 37,725,672 as at 31/03/2026
- Long term borrowings: 11,370,000
- Total equity and liabilities: 18,054,905, against 43,841,011 as at 31/03/2026
- Cash and cash equivalents: 266,278, against 2,591,151 as at 31/03/2026
Cash flow for the half year — Rs. in lakhs
- Net cash flow from operating activities: 1.22
- Net cash generated from operations: 5.41
- Closing balance of cash and cash equivalents: 2.66
What changed against a year earlier
Revenue from operations was 0.00 for both the quarter and the six months, where the year-ago periods recorded 40.06 and 95.18. At the Profit/(loss) for the period line the company moved from a profit in the year-ago quarter and half year to a loss in the current periods. Total income for the quarter was 0.00 against 46.20.
Investor complaints
The results carry the quarter's complaint position: pending at the beginning of the quarter 0, received during the quarter 0, disposed of during the quarter 0 and lying unresolved at the end of the quarter 0.
Also from Ontic Finserve
Revised results shared with half-yearly cash flow statement after exchange discrepancy
24 Oct 2026
Board meeting on 19 October 2026 to consider and approve unaudited Q2 financial results
14 Oct 2026
More numbers
- Profit/(loss) for the period, six months ended 30.09.2026 (Rs. in lakhs)-291.59
- Profit/(loss) for the period, six months ended 30.09.2025 (Rs. in lakhs)70.79
- Share capital (Rs. in figures)90,003,000
- Reserves and Surplus (Rs. in figures)(85,777,180)
- Long term borrowings (Rs. in figures)11,370,000
- Total income, latest quarter0.00 (In Lakhs)
- Total income, year-ago quarter46.20 (In Lakhs)
- Total income, previous quarter2.17 (In Lakhs)
- Total comprehensive income, latest quarter-4.20 (In Lakhs)
- Total comprehensive income, year-ago quarter30.65 (In Lakhs)
- Total comprehensive income, previous quarter-287.39 (In Lakhs)
- Profit after tax, latest quarter-4.20 (In Lakhs)
- Profit after tax, year-ago quarter30.65 (In Lakhs)
- Profit after tax, previous quarter-287.39 (In Lakhs)
- Revenue from operations, latest quarter0.00 (In Lakhs)
- Revenue from operations, year-ago quarter40.06 (In Lakhs)
- Revenue from operations, previous quarter0.00 (In Lakhs)
- Profit before tax, latest quarter-4.20 (In Lakhs)
- Profit before tax, year-ago quarter41.42 (In Lakhs)
- Profit before tax, previous quarter-287.39 (In Lakhs)
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