STSvarnim Trade Udyog539911Quarterly results

Board approves unaudited Q2/H1 results and appoints internal auditor for FY 2026-27

Board meeting on 3rd November, 2026 approved the standalone unaudited results for the quarter and half year ended 30th September, 2026.

By ScoutQuest · Tue 3 Nov 2026, 6:33 PM IST · 2 min read

Quarter net loss

Rs. 1.67 lakh

Quarter basic EPS

(0.07)

Half year net loss

Rs. 6.29 lakh against Rs. 6.12 lakh a year earlier

What the board approved

• The standalone unaudited financial results for the quarter and half year ended 30th September, 2026, along with the Limited Review Report.
• Appointment of M/s D G M S & Co., Chartered Accountants (FRN: 0112187W), Jamnagar, as Internal Auditor of the company for Financial Year 2026-27, with effect from 3rd November, 2026.

Results at a glance (figures as printed, Rs. in Lakh)

• Quarter ended 30-09-2026: total expenses 1.67, loss before tax 1.67, net loss 1.67, basic and diluted EPS (0.07).
• Quarter ended 30-09-2025: total expenses 0.25, net loss 0.25, basic EPS (0.01).
• Half year ended 30-09-2026: total expenses 6.29, net loss 6.29, basic and diluted EPS (0.26).
• Half year ended 30-09-2025: total expenses 6.12, net loss 6.12, basic EPS (0.25).
• Year ended 31-03-2026 (audited): total expenses 9.94, net loss 9.94, basic EPS (0.41).

Other expenses of 1.67 made up the total expenses for the quarter, and 4.53 of the 6.29 half-year total.

Balance sheet snapshot (as on 30-09-2026 vs 31-03-2026, Rs. in Lakh)

• Total assets: 4.04 vs 2.37.
• Cash and cash equivalents: 0.54 vs 0.42.
• Long term borrowings: 31.89 vs 23.72.
• Equity share capital: 243.15 in both periods; other equity (273.69) vs (267.40).
• Face value per share: 10.00.

Cash flow, half year ended 30th September (Rs. in Lakh)

• Net cash used in operating activities: (8.05) vs (5.84) a year earlier.
• Net cash from financing activities: 8.17 vs 11.62.
• Net increase in cash and cash equivalents: 0.12 vs 5.78.

About the new internal auditor

M/s D G M S & Co. is a Chartered Accountancy firm established on 16th May 1991, with over 35 years of professional experience in statutory audits, internal audits, tax audits, accounting and taxation services, and corporate law consultancy. The update records the reason for the change as appointment, and states that disclosure of relationships between directors is not applicable.

What a retail investor can take away

• The results are unaudited and have been subjected to a limited review by the statutory auditors, B B Gusani & Associates, Chartered Accountants. A review gives moderate assurance and is narrower in scope than a full audit, and the auditors state that they do not express an audit opinion.
• The company remains loss-making at the net level for the quarter and half year, with the half-year net loss slightly higher than in the same period last year. Losses are small in rupee terms but recurring across the periods shown.
• Borrowings rose to 31.89 from 23.72 at the previous year end, and financing inflows were the main support for cash during the half year.

The appointment of an internal auditor is a routine governance step and does not by itself change the financial position; the more relevant read for investors is the continuing net loss and the movement in borrowings shown in the results.

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.

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