Board approves September quarter results; auditor's review records exception on interest on loan given
Board approved unaudited standalone results for the quarter and half year ended 30 September 2026, with the auditor's Limited Review Report.
By ScoutQuest · · 2 min read
| Line item | Latest | Year ago | Prev qtr |
|---|---|---|---|
| Total income | 15,325.00 | 34.08 | 25.49 |
| Profit before tax | 15,316.35 | 36.73 | 16.33 |
| Profit after tax | 15,316.35 | 36.73 | 16.33 |
| Total comprehensive income | 15,316.35 | 36.73 | 16.33 |
| Basic EPS | 62.00 | 0.15 | 0.30 |
- Period
- CURRENT QUARTER 01.07.2026 to 30.09.2026
Also decided at the meeting
- Board, on Audit Committee recommendation, noted no deviation or variation in use of proceeds of unlisted 1% NCPS (Rs. 10 each at Rs. 15 premium) amounting to Rs. 11,65,00,00,000/-.
Auditor's review
Conclusion: Qualified
- Auditor states the unaudited standalone results have not been prepared in accordance with applicable accounting standards i.e. IND AS.
- Conclusion given subject to an exception: interest on loan given is not provided.
What the board approved
- The board met on 19 October 2026 and approved the unaudited standalone financial results for the quarter and half year ended 30 September 2026.
- The results were reviewed by the Audit Committee and carry a Limited Review Report from the statutory auditor, VRSK & Associates.
The auditor's review conclusion
- A limited review gives moderate assurance only; the auditor states that no audit opinion is expressed.
- The conclusion is given subject to the matter in the emphasis of matter, and the exception recorded is that interest on loan given is not provided.
- Apart from that, the auditor says nothing came to attention that would suggest a material misstatement or a missing disclosure.
Standalone results, September quarter (₹ in lakhs)
- Revenue from operations: 15,322.38, which the results show as interest income.
- Profit for the period: 15,316.35.
- Basic and diluted earnings per share: 62.00.
- Half year ended 30 September 2026: Profit for the period 15,332.69.
Balance sheet snapshot (as at 30 September 2026, ₹ in lakhs)
- Loans: 1,19,400.05.
- Total assets: 1,34,078.15.
The preference share matter
- The board noted and confirmed that there is no deviation or variation in the utilisation of proceeds of the 1% Non-Convertible Preference Shares, amounting to Rs. 1,165 crore.
- A separate undertaking signed by Managing Director Rajni Tanwar states that these preference shares were approved at the AGM held on 22 September 2026, and that the issuance process has not been started yet.
- The same undertaking states that the company did not issue any shares by way of public issue, rights issue, preferential issue and the like during the quarter and half year ended 30 September 2026.
What this document is
This is a board-meeting outcome that brings together the September quarter numbers, the auditor's limited review with a recorded exception, and the disclosure on the preference share proceeds.
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Related party transaction disclosure for quarter and half year ended September 30, 2026 reports NIL
19 Oct 2026
More numbers
- 1% NCPS issue amount approved at AGMRs. 11,65,00,00,000/-
- NCPS coupon rate1%
- Revenue from operations, September quarter (standalone)15,322.38 (₹ in lakhs)
- Profit for the period, September quarter (standalone)15,316.35 (₹ in lakhs)
- Profit for the period, half year (standalone)15,332.69 (₹ in lakhs)
- Total assets as at 30 September 2026 (standalone)1,34,078.15 (₹ in lakhs)
- Loans as at 30 September 2026 (standalone)1,19,400.05 (₹ in lakhs)
- Total income, latest quarter15,325.00 (₹ IN LAKHS)
- Total income, year-ago quarter34.08 (₹ IN LAKHS)
- Total income, previous quarter25.49 (₹ IN LAKHS)
- Total comprehensive income, latest quarter15,316.35 (₹ IN LAKHS)
- Total comprehensive income, year-ago quarter36.73 (₹ IN LAKHS)
- Total comprehensive income, previous quarter16.33 (₹ IN LAKHS)
- Profit after tax, latest quarter15,316.35 (₹ IN LAKHS)
- Profit after tax, year-ago quarter36.73 (₹ IN LAKHS)
- Profit after tax, previous quarter16.33 (₹ IN LAKHS)
- Profit before tax, latest quarter15,316.35 (₹ IN LAKHS)
- Profit before tax, year-ago quarter36.73 (₹ IN LAKHS)
- Profit before tax, previous quarter16.33 (₹ IN LAKHS)
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