Board approves unaudited H1 results; auditor's limited review conclusion unmodified
Sungold Media and Entertainment's board met on October 22, 2026 (1:30 P.M. to 2:45 P.M.) and approved the unaudited standalone results for the half year ended September 30, 2026, prepared under Ind AS.
By ScoutQuest · · 2 min read
| Line item | Latest | Year ago | YoY | Prev qtr | QoQ |
|---|---|---|---|---|---|
| Revenue from operations | 40.485 | 43.348 | −6.6% | 38.929 | +4% |
| Total income | 42.567 | 48.244 | −11.8% | 40.571 | +4.9% |
| Profit before tax | 2.617 | 1.902 | +37.6% | 1.201 | +118% |
| Profit after tax | 1.958 | 1.424 | +37.5% | 0.899 | +118% |
| Total comprehensive income | 1.958 | 1.424 | +37.5% | 0.899 | +118% |
| Basic EPS | 0.002 | 0.013 | −84.6% | 0.008 | −75% |
- Total Income YoY Change
- Year ago 48.244 (−11.8%)
- Profit After Tax YoY Change
- Latest 1.958 vs Year ago 1.424 (+37.5%)
- Period
- Six Months Ended April 1, 2026 to September 30, 2026
Auditor's review
Conclusion: Unmodified
Board meeting outcome
- The board met on Thursday, October 22, 2026, from 1:30 P.M. to 2:45 P.M.
- It approved the unaudited standalone financial results prepared as per Indian Accounting Standard (Ind AS) for the half year ended September 30, 2026.
- It noted the Limited Review Report on those unaudited standalone results issued by the statutory auditor, Bharat Gupta & Co, Chartered Accountants.
What the auditor concluded
A limited review gives moderate assurance, not a full audit opinion. The auditor's conclusion is that nothing came to its attention that causes it to believe the statement has not disclosed what Regulation 33 requires, or that it contains any material misstatement. In simple terms, this is a clean, unmodified review conclusion.
How the half year looked (standalone, Rs. in lakhs)
- Revenue from operations: 40.485 for the six months ended September 30, 2026, against 43.348 in the corresponding six months ended September 30, 2025.
- Total income: 42.567 against 48.244.
- Total expenses: 39.950 against 46.342.
- Profit before tax: 2.617 against 1.902.
- Net profit for the period: 1.958 against 1.424.
- Basic earnings per share: 0.002 against 0.013.
What drove the numbers
- Revenue from operations was lower year on year, yet profit before tax rose, because total expenses fell by a larger amount, from 46.342 to 39.950.
- Within expenses, other expense dropped to 13.266 from 30.604, while employee benefit expense rose to 25.818 from 14.872.
- Finance cost was 0.000, consistent with the company carrying no borrowings.
Balance sheet (Rs. in lakhs)
- Total assets: 1171.566 as at September 30, 2026, against 1165.790 as at March 31, 2026.
- Shareholders' funds: 1164.683 against 1162.725, of which share capital is 1100.000 and reserves and surplus 64.683 against 62.725.
- Both long-term borrowings and short-term borrowings are shown at 0.000, so the balance sheet carries no debt.
- Trade receivables: 16.625 against 28.500; cash and cash equivalents: 16.055 against 24.293.
Cash flow (Rs. in lakhs)
- Net cash flows used in operating activities were (8.239) for the half year.
- Cash and cash equivalents at the end of the period were 16.055, down from 24.293 at the start.
What a retail investor can take away
- This is a routine half-yearly results update: the board approved the numbers and the auditor's limited review conclusion carries no modification.
- The company remains debt-free on the balance sheet, with nearly all of its Rs. 1171.566 lakh of assets funded by share capital and reserves.
- Top-line revenue from operations softened year on year, while reported profit rose on the back of lower expenses, so it is worth tracking how expenses and revenue move together in the coming periods.
- Per-share earnings of 0.002 for the half year are very small, reflecting the large share capital base of 1100.000 lakh.
Also from Sungold Media and Entertainment
Board meeting on October 22, 2026 to consider and approve unaudited results for half year ended September 30, 2026
13 Oct 2026
More numbers
- Total expenses, H1 FY27 (Rs. in lakhs)39.950
- Total assets as at September 30, 2026 (Rs. in lakhs)1171.566
- Total income, latest quarter42.567 (Rs. In Lakhs)
- Total income, year-ago quarter48.244 (Rs. In Lakhs)
- Total income, previous quarter40.571 (Rs. In Lakhs)
- Total comprehensive income, latest quarter1.958 (Rs. In Lakhs)
- Total comprehensive income, year-ago quarter1.424 (Rs. In Lakhs)
- Total comprehensive income, previous quarter0.899 (Rs. In Lakhs)
- Profit after tax, latest quarter1.958 (Rs. In Lakhs)
- Profit after tax, year-ago quarter1.424 (Rs. In Lakhs)
- Profit after tax, previous quarter0.899 (Rs. In Lakhs)
- Revenue from operations, latest quarter40.485 (Rs. In Lakhs)
- Revenue from operations, year-ago quarter43.348 (Rs. In Lakhs)
- Revenue from operations, previous quarter38.929 (Rs. In Lakhs)
- Profit before tax, latest quarter2.617 (Rs. In Lakhs)
- Profit before tax, year-ago quarter1.902 (Rs. In Lakhs)
- Profit before tax, previous quarter1.201 (Rs. In Lakhs)
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