Board approved Q2 and half-year results, declared interim dividend of Rs.0.02 per equity share
Board approved unaudited standalone and consolidated 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 | 17,836.34 | 24,020.60 | −25.7% | 13,001.16 | +37.2% |
| Total income | 18,168.12 | 24,210.85 | −25% | 13,245.70 | +37.2% |
| Profit before tax | 644.59 | 586.24 | +10% | 954.99 | −32.5% |
| Profit after tax | 477.21 | 404.52 | +18% | 725.02 | −34.2% |
| Total comprehensive income | 480.81 | 394.51 | +21.9% | 728.62 | −34% |
| Basic EPS | 0.32 | 0.26 | +23.1% | 0.46 | −30.4% |
- PAT YoY
- +18%
- Period
- Quarter ended 30-09-26
Also decided at the meeting
- Declared an Interim Dividend for FY 2026-27 at ₹0.02 per equity share of face value ₹1 each, aggregating to 2% of the paid-up equity share capital.
- Fixed Monday, November 23, 2026 as the Record Date to determine shareholders eligible for the FY 2026-27 interim dividend.
- The interim dividend shall be paid on or before December 5, 2026.
Auditor's review
Conclusion: Unmodified
- The interim financial information of a partnership firm included in the consolidated results was not reviewed by us; our conclusion on those amounts is based solely on the report of the other auditor.
Notes to the results
- Board meeting held on October 03, 2026 recommended issue of bonus equity shares in the ratio 3:2, i.e. 3 bonus shares of Re. 1 each for every 2 existing equity shares of Re. 1 each, subject to shareholder and regulatory approvals.
- Equity shares of face value ₹10 each were sub-divided into shares of Re. 1 each, Record Date April 17, 2026; Basic and Diluted EPS for all previous periods restated accordingly.
- Consolidated results include the financial results of subsidiaries Pashupati Cotyarn LLP and Sarjak Infra LLP for the quarter and half year ended September 30, 2026.
- Cotton Ginning business is seasonal, normally from October to April, so results of the 1st and 2nd Half Year are strictly not comparable.
What the board approved
At its meeting on November 6, 2026, the board approved the unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2026.
- It declared an interim dividend for FY 2026-27 of ₹0.02/- per equity share, aggregating to 2% of the paid-up equity share capital.
- It fixed Monday, November 23, 2026 as the record date for dividend eligibility; the dividend is to be paid on or before December 5, 2026.
Standalone numbers (Rs. in lakh)
- 'Revenue from operations': Rs. 16,946.57 lakh in the September 2026 quarter, against Rs. 24,184.61 lakh in the September 2025 quarter.
- 'Net Profit for the period': Rs. 509.89 lakh, against Rs. 404.44 lakh in the year-earlier quarter.
- Basic and diluted earnings per share: Rs. 0.32 (not annualised).
The two headline lines moved in opposite directions year on year: revenue was lower, net profit was higher. That gap is the part of the result worth reading closely.
Consolidated snapshot
On a consolidated basis, which includes the subsidiaries, 'Net Profit for the period' for the September 2026 quarter was Rs. 477.21 lakh.
Auditor's review conclusion
The statutory auditors carried out a limited review of the standalone and consolidated results. They stated that nothing came to their attention that causes them to believe the statement has not disclosed the information required, or that it contains any material misstatement. A limited review is narrower in scope than a full audit and is not an audit opinion.
Points a retail investor may weigh
- The dividend of ₹0.02/- per share is small in absolute terms; the 2% figure is measured against paid-up equity share capital, not against the market price of the share.
- Standalone revenue was lower than a year earlier while net profit was higher, so the movement in costs and other income matters as much as the topline.
- Earlier corporate actions change per-share comparisons: the equity shares were sub-divided and per-share figures for earlier periods have been restated accordingly. Separately, the board at its meeting on October 03, 2026 recommended a bonus issue of equity shares, subject to shareholder approval and other statutory and regulatory approvals.
- The company's cotton ginning business is seasonal, normally running from October to April, so first-half and second-half results are not strictly comparable, as the notes state.
Also from Pashupati Cotspin
Memorandum of Association amended: authorised share capital now Rs. 40 crore across 40 crore equity shares
7 Nov 2026
Bonus issue in 3:2 ratio — record date fixed as Friday, November 13, 2026
6 Nov 2026
Board to consider Q2 results and interim dividend for FY 2026-27 on November 06, 2026
3 Nov 2026
More numbers
- Interim dividend per equity share₹0.02/-
- Interim dividend as % of paid-up equity share capital2%
- Standalone Revenue from operations, Q2 FY27 (Rs. in lakh)16,946.57
- Standalone Revenue from operations, Q2 FY26 (Rs. in lakh)24,184.61
- Standalone Net Profit for the period, Q2 FY27 (Rs. in lakh)509.89
- Standalone Net Profit for the period, Q2 FY26 (Rs. in lakh)404.44
- Total income, latest quarter18,168.12 (Rs. in Lakhs)
- Total income, year-ago quarter24,210.85 (Rs. in Lakhs)
- Total income, previous quarter13,245.70 (Rs. in Lakhs)
- Total comprehensive income, latest quarter480.81 (Rs. in Lakhs)
- Total comprehensive income, year-ago quarter394.51 (Rs. in Lakhs)
- Total comprehensive income, previous quarter728.62 (Rs. in Lakhs)
- Profit after tax, latest quarter477.21 (Rs. in Lakhs)
- Profit after tax, year-ago quarter404.52 (Rs. in Lakhs)
- Profit after tax, previous quarter725.02 (Rs. in Lakhs)
- Revenue from operations, latest quarter17,836.34 (Rs. in Lakhs)
- Revenue from operations, year-ago quarter24,020.60 (Rs. in Lakhs)
- Revenue from operations, previous quarter13,001.16 (Rs. in Lakhs)
- Profit before tax, latest quarter644.59 (Rs. in Lakhs)
- Profit before tax, year-ago quarter586.24 (Rs. in Lakhs)
- Profit before tax, previous quarter954.99 (Rs. in Lakhs)
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