Board approves Q2 and H1 results for period ended 30 September 2026; auditors' review conclusion unmodified
Prime Industries Ltd's board met on 05.11.2026 and approved the un-audited standalone and consolidated results for the quarter and half year ended 30 September 2026.
By ScoutQuest · · 2 min read
| Line item | Latest | Year ago | YoY | Prev qtr | QoQ |
|---|---|---|---|---|---|
| Revenue from operations | 249.85 | 366.75 | −31.9% | 89.66 | +179% |
| Total income | 255.81 | 372.25 | −31.3% | 93.96 | +172% |
| Profit before tax | 91.98 | 65.31 | +40.8% | 14.36 | +541% |
| Profit after tax | 66.19 | 63.66 | +4% | 10.67 | +520% |
| Total comprehensive income | 66.19 | 63.66 | +4% | 10.67 | +520% |
| Basic EPS | 1.70 | 0.30 | +467% | 0.36 | +372% |
- Total income YoY change
- −31.3%
- Period
- Qtr Ended 30.09.2026
Auditor's review
Conclusion: Unmodified
What the board approved
- The un-audited financial results (standalone and consolidated) for the quarter and half year ended 30 September 2026. The Audit Committee reviewed them and the board approved them at its meeting on 05.11.2026.
- The limited review reports of Akshay Singla & Associates, Chartered Accountants, on both the standalone and the consolidated statements.
- No investor complaints were received during the quarter, and none were pending at the beginning or the end of the quarter.
Auditors' conclusion
- The auditors state that nothing has come to their attention that causes them to believe the statements are not prepared in line with the applicable accounting standards and disclosure requirements, or that they contain a material misstatement. This is an unmodified conclusion.
- A limited review provides moderate assurance. It is narrower in scope than a full audit, and the auditors do not express an audit opinion.
- The consolidated statement includes the subsidiary Linga Agri Trading and Machinery Private Limited. That entity's interim figures were reviewed by other auditors, and the conclusion is not modified on account of reliance on their report.
The numbers (as printed, amounts in millions)
Consolidated, quarter ended 30 September 2026
- Revenue from operations 249.85, against 366.75 in the same quarter a year earlier.
- Profit for the period 66.19, against 63.66 a year earlier.
Consolidated, half year ended 30 September 2026
- Revenue from operations 339.51.
- Profit for the period 76.86.
Standalone, quarter ended 30 September 2026
- Revenue from operations 8.19.
- Profit for the period 5.44.
How to read it
- Profit for the period for the quarter was higher year on year even though revenue from operations was lower, which points to a lower expense base in the quarter.
- The consolidated figures are much larger than the standalone figures because the subsidiary's operations are consolidated in; the standalone company's own revenue from operations is small in comparison.
- These are un-audited results that have been subject to a limited review, not a full audit.
What the announcement signals
- It is a routine quarterly results update. The review conclusion carries no qualification or adverse remark.
- The quarter shows a smaller revenue from operations base alongside a higher profit for the period; both directions are visible in the statement for a reader to weigh.
Also from Prime Industries
Board meeting on 05 November 2026 to consider September quarter and half-year results
2 Nov 2026
AGM approves auditor, MD, ₹40 crore capital, objects clause change, 27,30,000-share preferential issue
20 Oct 2026
AGM approves statutory auditor, MD and director appointments, capital increase and preferential issue
20 Oct 2026
More numbers
- Consolidated Revenue from operations, half year ended 30.09.2026 (Rs. million)339.51
- Consolidated Profit for the period, half year ended 30.09.2026 (Rs. million)76.86
- Standalone Revenue from operations, quarter ended 30.09.2026 (Rs. million)8.19
- Standalone Profit for the period, quarter ended 30.09.2026 (Rs. million)5.44
- Total income, latest quarter255.81 (All amounts in millions)
- Total income, year-ago quarter372.25 (All amounts in millions)
- Total income, previous quarter93.96 (All amounts in millions)
- Total comprehensive income, latest quarter66.19 (All amounts in millions)
- Total comprehensive income, year-ago quarter63.66 (All amounts in millions)
- Total comprehensive income, previous quarter10.67 (All amounts in millions)
- Profit after tax, latest quarter66.19 (All amounts in millions)
- Profit after tax, year-ago quarter63.66 (All amounts in millions)
- Profit after tax, previous quarter10.67 (All amounts in millions)
- Revenue from operations, latest quarter249.85 (All amounts in millions)
- Revenue from operations, year-ago quarter366.75 (All amounts in millions)
- Revenue from operations, previous quarter89.66 (All amounts in millions)
- Profit before tax, latest quarter91.98 (All amounts in millions)
- Profit before tax, year-ago quarter65.31 (All amounts in millions)
- Profit before tax, previous quarter14.36 (All amounts in millions)
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