Board approves standalone unaudited results for Q2 and H1; auditor review finds no material misstatement
Board met on 21 October, 2026 and approved the standalone unaudited financial results for the quarter and half year ended 30 September, 2026, along with the limited review report.
By ScoutQuest · · 2 min read
| Line item | Latest | Year ago | YoY | Prev qtr | QoQ |
|---|---|---|---|---|---|
| Revenue from operations | 2.150 | 251.746 | −99.1% | — | — |
| Total income | 2.884 | 253.412 | −98.9% | 1.934 | +49.1% |
| Profit before tax | (7.449) | 10.486 | — | (4.997) | −49.1% |
| Profit after tax | (7.449) | 10.486 | — | (4.997) | −49.1% |
| Total comprehensive income | (7.449) | 10.486 | — | (4.997) | −49.1% |
| Basic EPS | (0.099) | 0.140 | — | (0.067) | −47.8% |
- Total income - YoY change
- −98.9%
- Period
- 3 months ended 01/07/2026-30/09/2026
Auditor's review
Conclusion: Unmodified
What the board approved
- The board of directors met on 21 October, 2026 and approved the standalone unaudited financial results for the quarter and half year ended 30 September, 2026, along with the limited review report.
- The results were reviewed by the audit committee before being approved by the board.
Auditor's conclusion
- The limited review was carried out under SRE 2410, which gives moderate assurance and is not a full audit; the auditors state that they do not express an audit opinion.
- DSI & Co., Chartered Accountants, stated that nothing came to their attention that causes them to believe the statements contain a material misstatement or fail to disclose what Regulation 33 requires.
Results: standalone, amounts in lakh
- Revenue from operations: 2.150 for the quarter and 2.150 for the half year, against 251.746 and 674.141 in the corresponding periods of the previous year. It was nil in the immediately preceding quarter.
- Other income: 0.734 for the quarter and 2.689 for the half year.
- Total income: 2.884 for the quarter and 4.819 for the half year.
- Total expenses: 4.294 for the quarter and 11.223 for the half year.
- Exceptional items: 6.039 for the quarter and 6.041 for the half year.
- Profit before exceptional items and tax: (1.409) for the quarter and (6.405) for the half year.
- Profit for the period: (7.449) for the quarter and (12.445) for the half year, against 10.486 and 7.248 in the year-ago periods.
- Basic and diluted earnings per share: (0.099) for the quarter and (0.166) for the half year.
Balance sheet as at 30 September, 2026 (amounts in lakh)
- Total assets: 622.798, against 635.702 as at 31 March, 2026.
- Total equity: 622.725, against 635.170.
- Total liabilities: 0.073, against 0.531.
- Trade receivables: 195.073, against 553.973.
- Cash and cash equivalents: 46.618.
- Paid-up equity share capital: 150.000 (face value of Rs. 2 each).
Cash flow for the half year (amounts in lakh)
- Net cash generated from operating activities: (23.660), against 315.035 in the year-ago half.
- Net cash generated from investing activities: nil, against (67.401).
- Net cash generated from financing activities: (0.016), against (249.380).
- Closing cash and cash equivalents: 46.619, against 52.847.
Other points to note
- No investor complaints were pending at the start of the quarter, received during it, disposed of, or left unresolved at the end.
- The company operates in a single operating segment.
- The company has no holding, subsidiary, joint venture or associate company, so no consolidation is presented.
Also from Shantai Industries
Board meeting on October 21, 2026 to consider and approve unaudited financial results
13 Oct 2026
More numbers
- Total income, half year (standalone)4.819 lakh
- Exceptional items, Q2 (standalone)6.039 lakh
- Total assets as at 30 September, 2026622.798 lakh
- Total equity as at 30 September, 2026622.725 lakh
- Closing cash and cash equivalents, half year46.619 lakh
- Total income, latest quarter2.884 (Amounts in Lakh)
- Total income, year-ago quarter253.412 (Amounts in Lakh)
- Total income, previous quarter1.934 (Amounts in Lakh)
- Total comprehensive income, latest quarter(7.449) (Amounts in Lakh)
- Total comprehensive income, year-ago quarter10.486 (Amounts in Lakh)
- Total comprehensive income, previous quarter(4.997) (Amounts in Lakh)
- Profit after tax, latest quarter(7.449) (Amounts in Lakh)
- Profit after tax, year-ago quarter10.486 (Amounts in Lakh)
- Profit after tax, previous quarter(4.997) (Amounts in Lakh)
- Revenue from operations, latest quarter2.150 (Amounts in Lakh)
- Revenue from operations, year-ago quarter251.746 (Amounts in Lakh)
- Profit before tax, latest quarter(7.449) (Amounts in Lakh)
- Profit before tax, year-ago quarter10.486 (Amounts in Lakh)
- Profit before tax, previous quarter(4.997) (Amounts in Lakh)
- Revenue from operations, previous quarter-
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