Board approves unaudited Q2 and H1 results; monitoring agency report on rights issue funds enclosed
Board of Ravindra Energy met on November 4, 2026 and approved unaudited standalone and consolidated results for the quarter and half year ended September 30, 2026.
By ScoutQuest · · 2 min read
- Q2 Revenue from operations (₹ in Million)
- 1,262.20 vs 1,019.37 (year-earlier)
- Q2 Net profit after tax (₹ in Million)
- 290.11 vs 317.23 (year-earlier)
- Half year net profit (₹ in Million)
- 427.66 vs 561.57
What was approved
The board of Ravindra Energy Limited met on Wednesday, November 4, 2026 and approved the unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2026. The results carry a Limited Review Report dated November 4 issued by the statutory auditors, M/s. P. Ishwara Bhat & Co., Chartered Accountants.
Quarter ended September 30, 2026
All figures below are in ₹ in Million, exactly as printed in the statement.
- Revenue from operations: 1,262.20, compared with 1,019.37 in the same quarter a year earlier.
- Net profit after tax: 290.11, compared with 317.23 in the same quarter a year earlier.
So revenue from operations was higher than the year-earlier quarter, while net profit after tax was lower.
Half year ended September 30, 2026
- Revenue from operations: 2,180.58, against 2,454.84 in the same half of the previous year.
- Net profit after tax: 427.66, against 561.57 in the same half of the previous year.
Both revenue from operations and net profit after tax for the six-month period were lower than the comparable period a year earlier. The above are the standalone figures; the board also approved consolidated results.
Monitoring agency and rights issue funds
Along with the results, the company enclosed the Monitoring Agency's Report issued by CARE Ratings Limited, together with the Statement of Deviation or Variation in utilisation of funds raised through the rights issue. In simple terms, this is the periodic disclosure on whether the money raised from shareholders through the rights issue is being used as stated.
Auditor's note
The review report draws attention to Point no. 7 of the standalone notes to the financial results, relating to the grant of Employee Stock Options to eligible employees under 'REESOS 2022', the vesting period of the options, and the accounting entries required under Ind AS 102, Share Based Payments. The auditors state that their opinion is not modified on this matter.
What it means for a retail reader
- This is the quarterly results release. Revenue and profit after tax, shown above against the year-earlier period, are the two numbers most readers track.
- The company is mainly in solar, based on the segment disclosure, with an investment segment also reported.
- The monitoring agency report is a periodic check, shared with a statement of deviation or variation, on the use of rights issue proceeds.
- The results are unaudited and have been reviewed, not audited, by the statutory auditors.
Also from Ravindra Energy
EIM signs strategic MoU with Sorigin Green Mobility to deploy 500 electric heavy trucks over two years
4 Nov 2026
Board approves September-quarter and half-year results; auditor's review conclusion unmodified with emphasis of matter
4 Nov 2026
Ravindra Energy to host earnings call on 5th November 2026 at 09:30 AM IST to discuss Q2 & H1 FY27 results
2 Nov 2026
More numbers
- Revenue from operations, quarter ended Sept 30, 2026 (₹ in Million)1,262.20
- Revenue from operations, quarter ended Sept 30, 2025 (₹ in Million)1,019.37
- Net profit after tax, quarter ended Sept 30, 2026 (₹ in Million)290.11
- Net profit after tax, quarter ended Sept 30, 2025 (₹ in Million)317.23
- Revenue from operations, half year ended Sept 30, 2026 (₹ in Million)2,180.58
- Revenue from operations, half year ended Sept 30, 2025 (₹ in Million)2,454.84
- Net profit after tax, half year ended Sept 30, 2026 (₹ in Million)427.66
- Net profit after tax, half year ended Sept 30, 2025 (₹ in Million)561.57
Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.