Board approved unaudited Q2 and H1 FY27 results; auditor's limited review finds no material misstatement
Board met on 27 October 2026 and approved the unaudited financial results for the quarter and half year ended 30 September 2026, along with the Limited Review Report from statutory auditors M/s. FP & Associates.
By ScoutQuest · · 2 min read
| Line item | Latest | Year ago | YoY | Prev qtr | QoQ |
|---|---|---|---|---|---|
| Revenue from operations | 2,640.84 | 2,689.43 | −1.8% | 2,802.51 | −5.8% |
| Total income | 2,737.94 | 2,691.06 | +1.7% | 2,992.77 | −8.5% |
| Profit before tax | 256.30 | 373.48 | −31.4% | 531.48 | −51.8% |
| Profit after tax | 238.11 | 355.86 | −33.1% | 456.53 | −47.8% |
| Total comprehensive income | 234.05 | 351.48 | −33.4% | 470.47 | −50.3% |
| Basic EPS | 3.47 | 4.47 | −22.4% | 6.65 | −47.8% |
- Total income
- Latest 2,737.94; Year ago 2,691.06 (+1.7%); Prev qtr 2,992.77 (−8.5%)
- Profit after tax
- Latest 238.11; Year ago 355.86 (−33.1%); Prev qtr 456.53 (−47.8%)
- Period
- Quarter ended 30.09.2026 Unaudited
Auditor's review
Conclusion: Unmodified
Notes to the results
- Quarter ended 30.09.2025 includes Profit from discontinued operations (after tax) of 90.66 (Rs. in Lakhs); no discontinued operations in the current quarter.
- Revenue From Operations includes Export Incentives.
Board meeting outcome
- Held on 27 October 2026, from 11:30 a.m. to 1:00 p.m.
- The Board approved the unaudited standalone financial results for the quarter and half year ended 30 September 2026.
- The Board also approved the Limited Review Report issued by M/s. FP & Associates, Chartered Accountants, the statutory auditors.
- The results were reviewed by the Audit Committee before being taken on record by the Board.
What the auditor said
The review was carried out under the Standard on Review Engagement (SRE) 2410. The auditor states that nothing has come to their attention that causes them to believe the statement fails to disclose what the Listing Regulations require, or that it contains any material misstatement. This is an unmodified (clean) conclusion. A review is narrower than a full audit and gives moderate, not absolute, assurance.
The quarterly numbers (standalone, Rs. in lakh)
- Revenue From Operations: 2,640.84 for the quarter ended 30.09.2026, against 2,802.51 in the quarter ended 30.06.2026 and 2,689.43 in the quarter ended 30.09.2025.
- Total Income / Revenue: 2,737.94 for the quarter.
- Total Expenses: 2,481.63.
- Profit (Loss) for the period: 238.11 for the quarter, against 456.53 in the previous quarter and 355.86 in the same quarter a year earlier.
- Basic and Diluted EPS: Rs. 3.47 per share for the quarter.
Half year and year-ago comparison (standalone, Rs. in lakh)
- Revenue From Operations: 5,443.36 for the half year ended 30.09.2026, against 5,483.89 for the half year ended 30.09.2025.
- Profit (Loss) for the period: 694.64, against 1,886.07.
- Basic and Diluted EPS: Rs. 10.11, against Rs. 23.66.
Balance sheet snapshot (Rs. in lakh)
- Total assets: 14,906.61 as at 30.09.2026, against 15,243.79 as at 31.03.2026.
- Inventories: 5,291.18, against 2,023.34.
- Short term borrowings: 1,199.55, against 22.70.
- Equity share capital: 686.99, against 796.99; face value Rs. 10/- per share.
Capital return seen in the cash flow statement
- Buy-Back of Shares: 110.00 lakh for the period ended 30.09.2026.
- Expenses & Tax relating to buy-back of equity shares: 17.75 lakh.
- Increase / (Decrease) in total Equity: (2,130.10) lakh.
Cash flow for the period ended 30.09.2026 (Rs. in lakh)
- Net cash flow from operating activities: (991.50).
- Net cash from investing activities: 2,267.14.
- Net cash used in financing activities: (1,219.06).
- Cash and cash equivalents at the end of the period: 42.34.
How a retail reader can use this
- The limited review is an independent check by the statutory auditor on the numbers the board approved; a clean conclusion means the auditor found nothing pointing to a material misstatement in the reviewed statement.
- Profit for the quarter is lower than both the immediately preceding quarter and the same quarter last year, while revenue is broadly similar, so the change comes from the expense side.
- The auditor's report is on the standalone results.
- The notes state that Revenue From Operations includes export incentives.
Also from Puretrop Fruits
Board meeting on 27 October 2026 to consider September quarter results
22 Oct 2026
More numbers
- Revenue From Operations, half year ended 30.09.20265,443.36
- Profit (Loss) for the period, half year ended 30.09.2026694.64
- Buy-Back of Shares, period ended 30.09.2026110.00
- Equity share capital as at 30.09.2026686.99
- Total income, latest quarter2,737.94 (Rs. in Lakhs)
- Total income, year-ago quarter2,691.06 (Rs. in Lakhs)
- Total income, previous quarter2,992.77 (Rs. in Lakhs)
- Total comprehensive income, latest quarter234.05 (Rs. in Lakhs)
- Total comprehensive income, year-ago quarter351.48 (Rs. in Lakhs)
- Total comprehensive income, previous quarter470.47 (Rs. in Lakhs)
- Profit after tax, latest quarter238.11 (Rs. in Lakhs)
- Profit after tax, year-ago quarter355.86 (Rs. in Lakhs)
- Profit after tax, previous quarter456.53 (Rs. in Lakhs)
- Revenue from operations, latest quarter2,640.84 (Rs. in Lakhs)
- Revenue from operations, year-ago quarter2,689.43 (Rs. in Lakhs)
- Revenue from operations, previous quarter2,802.51 (Rs. in Lakhs)
- Profit before tax, latest quarter256.30 (Rs. in Lakhs)
- Profit before tax, year-ago quarter373.48 (Rs. in Lakhs)
- Profit before tax, previous quarter531.48 (Rs. in Lakhs)
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