Board meeting outcome: standalone Q2 profit of Rs. 320.43 lakh; auditor review finds no material misstatement
Board approved the standalone and consolidated unaudited 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 | 5741.97 | 4691.09 | +22.4% | 3282.54 | +74.9% |
| Total income | 5796.06 | 4713.36 | +23% | 3314.01 | +74.9% |
| Profit before tax | 455.05 | (97.57) | — | (185.87) | — |
| Profit after tax | 410.54 | (84.27) | — | (170.29) | — |
| Total comprehensive income | 413.01 | (77.19) | — | (167.83) | — |
| Basic EPS | 4.96* | (1.02*) | — | (2.06*) | — |
- Total income - Year ago
- 4713.36 (+23%)
- Period
- Quarter Ended 30.09.2026 (Unaudited)
Auditor's review
Conclusion: Unmodified
Notes to the results
- As at 30th September 2026, the group's current liabilities exceeded its current assets; management believes the group will be able to meet its financial obligations as they fall due within one year.
- Plantation industry being seasonal in nature, results for part of the year cannot be taken as indicative of results of the full year.
- Consolidated results include subsidiary Keshava Plantations Private Limited and associate The Cochin Malabar Estates and Industries Limited.
What the board approved
The board of Shri Vasuprada Plantations Ltd met on 2 November 2026 and approved the unaudited standalone and consolidated financial results for the quarter and half year ended 30 September 2026. The audit committee reviewed the standalone results before the board approved them.
Standalone results, quarter ended 30 September 2026 (Rs. in lakh)
- Revenue from operations: 5342.07, against 4371.64 in the same quarter a year earlier
- Total income: 5402.26
- Profit before tax: 366.92
- Profit for the period: 320.43, against a loss of 183.26 in the year-ago quarter
- Basic and diluted earnings per share: 3.87
Standalone results, half year ended 30 September 2026 (Rs. in lakh)
- Revenue from operations: 8567.23
- Total income: 8671.70
- Profit before tax: 141.13
- Profit for the period: 109.23
- Earnings per share: 1.32
Where the money came from (standalone, quarter)
- Tea: segment revenue 3073.31 lakh, segment result 205.31 lakh
- Rubber: segment revenue 1515.13 lakh, segment result 461.53 lakh
- Coffee: segment revenue 706.59 lakh, segment result a loss of 132.52 lakh
- Others: segment revenue 47.04 lakh
Total segment profit before interest, tax and unallocable items was 525.56 lakh, reduced by finance costs of 161.29 lakh.
Balance sheet as at 30 September 2026 (standalone, Rs. in lakh)
- Total assets: 23332.34
- Total equity: 12748.71
- Net worth: 6065.26
- Non-current borrowings: 3507.48; current borrowings: 3256.51
Ratios (standalone, quarter)
- Current ratio: 0.82
- Debt-equity ratio: 0.53
- Net profit margin: 6.00 percent
- Interest service coverage ratio: 2.10
What the notes flag
The notes state that as at 30 September 2026 the company's current liabilities exceeded its current assets. Management says it expects to be able to meet financial obligations falling due within one year from the balance sheet date, based on the ageing profile and expected realisation of financial assets, scheduled settlement of financial liabilities, anticipated future cash flows, available sanctioned and unutilised banking facilities and its business plans.
The notes also say the plantation industry is seasonal, so results for part of the year should not be taken as indicative of the full year.
Auditor's review conclusion
Singhi & Co., Chartered Accountants, reviewed the standalone and consolidated statements and reported that nothing came to their attention that causes them to believe the statements contain a material misstatement or fail to disclose what the listing regulations require. The review gives moderate, not full, assurance and no audit opinion is expressed.
How to read this
On a standalone basis the quarter's Profit for the period of 320.43 lakh contrasts with a loss in the year-ago quarter, and the half year is also in profit. Against that, the position of current liabilities exceeding current assets is the item to follow in the coming quarters.
Also from Shri Vasuprada Plantations
Standalone Q2 shows ₹ 320.43 lakh profit against a year-earlier loss
2 Nov 2026
Board meeting on November 2, 2026 to consider Q2 and half-year unaudited results
27 Oct 2026
Half-yearly debt report: Rs. 23,00,00,000 privately placed debt securities outstanding
6 Oct 2026
More numbers
- Revenue from operations, standalone, quarter ended 30.09.20265342.07
- Total income, standalone, quarter ended 30.09.20265402.26
- Profit for the period, standalone, quarter ended 30.09.2026320.43
- Profit/(Loss) for the period, standalone, quarter ended 30.09.2025(183.26)
- Profit for the period, standalone, half year ended 30.09.2026109.23
- Basic earnings per share, standalone, quarter ended 30.09.20263.87
- Current ratio, standalone0.82
- Debt-equity ratio, standalone0.53
- Total income, latest quarter5796.06 (₹ in Lakhs)
- Total income, year-ago quarter4713.36 (₹ in Lakhs)
- Total income, previous quarter3314.01 (₹ in Lakhs)
- Total comprehensive income, latest quarter413.01 (₹ in Lakhs)
- Total comprehensive income, year-ago quarter(77.19) (₹ in Lakhs)
- Total comprehensive income, previous quarter(167.83) (₹ in Lakhs)
- Profit after tax, latest quarter410.54 (₹ in Lakhs)
- Profit after tax, year-ago quarter(84.27) (₹ in Lakhs)
- Profit after tax, previous quarter(170.29) (₹ in Lakhs)
- Revenue from operations, latest quarter5741.97 (₹ in Lakhs)
- Revenue from operations, year-ago quarter4691.09 (₹ in Lakhs)
- Revenue from operations, previous quarter3282.54 (₹ in Lakhs)
- Profit before tax, latest quarter455.05 (₹ in Lakhs)
- Profit before tax, year-ago quarter(97.57) (₹ in Lakhs)
- Profit before tax, previous quarter(185.87) (₹ in Lakhs)
- Basic EPS, latest quarter4.96*
- Basic EPS, year-ago quarter(1.02*)
- Basic EPS, previous quarter(2.06*)
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