Board approves Q2 and H1 FY27 results; auditor's limited review conclusion unmodified
Board meeting on October 30, 2026 (2:30 P.M. to 05:55 P.M.) considered and approved the unaudited standalone and consolidated results for the quarter and half year ended September 30, 2026.
By ScoutQuest · · 2 min read
| Line item | Latest | Year ago | YoY | Prev qtr | QoQ |
|---|---|---|---|---|---|
| Revenue from operations | 8,122.39 | 7,293.44 | +11.4% | 7,642.91 | +6.3% |
| Total income | 8,170.99 | 7,348.70 | +11.2% | 7,687.70 | +6.3% |
| Profit before tax | 347.02 | 235.77 | +47.2% | 331.51 | +4.7% |
| Profit after tax | 321.28 | 198.06 | +62.2% | 302.83 | +6.1% |
| Total comprehensive income | 309.09 | 205.74 | +50.2% | 302.09 | +2.3% |
| Basic EPS | 4.82 | 2.96 | +62.8% | 4.44 | +8.6% |
- Total income YoY growth
- +11.2% (year ago 7,348.70)
- Profit after tax YoY growth
- +62.2% (latest 321.28 vs year ago 198.06)
- Period
- Quarter ended September 30, 2026 (Unaudited)
Auditor's review
Conclusion: Unmodified
Notes to the results
- Exceptional item: statutory impact of new labour codes of INR 53.57 million recognised in year ended March 31, 2026 (consolidated); none in the current quarter.
What the board approved
- The unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2026, along with the limited review reports.
- The board meeting ran from 2:30 P.M. to 05:55 P.M. on October 30, 2026.
- The results will also be published in English and Tamil newspapers and made available on the company's website.
Auditor's review conclusion
B S R & Co. LLP reviewed both the standalone and consolidated statements. Its conclusion is unmodified — based on the review, nothing came to its attention that causes it to believe the statements contain any material misstatement or fail to disclose what the listing rules require. A review is narrower in scope than a full audit, so no audit opinion is expressed.
Standalone quarter (July–September 2026), amounts as printed, in million Indian Rupees
- Revenue from operations: 4,817.30, against 4,306.40 in the same quarter a year earlier.
- Total income: 4,855.47.
- Profit after tax: 173.03.
- Basic earnings per share: 2.59.
Standalone half year (April–September 2026)
- Revenue from operations: 9,452.25.
- Profit after tax: 344.76.
Labour Codes note
The company states that the four Labour Codes notified on November 21, 2025 led it to record an incremental provision of INR 40.67 million towards employee benefits, presented as a statutory impact under exceptional items in the year ended March 31, 2026. Management says it does not currently foresee any material adjustment to be recorded in these unaudited standalone results, and will continue to monitor the rules being notified.
What sits inside the consolidated numbers
The consolidated statement covers the parent plus subsidiaries including Wynwy Technologies, Global Flight Handling Services and its step-down entities, Fusion Foods and Catering Services, Avon Solutions and Logistics, Matrix Business Services India, Washroom Hygiene Concept, Updater Services (UDS) Foundation, Denave India with its overseas step-down companies, and Athena BPO with its step-down entity.
Reading the numbers
- Revenue from operations and Profit after tax are the line items that show how the core facility management business performed in the quarter and half year.
- Basic earnings per share of 2.59 for the quarter is the per-share profit figure as printed for the standalone statement.
- The unmodified review conclusion means the auditor did not flag a concern in the course of its review, which is a narrower exercise than a statutory audit.
- The one-off INR 40.67 million labour code provision belongs to the year ended March 31, 2026; the company does not expect a further material charge on this account in the current standalone results.
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Jigyasa Sharma designated CEO-Designate of subsidiary Matrix from Dec 1, 2026; CEO from April 1, 2027
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Board appoints R.G.N. Price & Co. as Internal Auditor for April 2026 - March 2027
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More numbers
- Revenue from operations, standalone, Q2 ended Sep 30, 2026 (million INR)4,817.30
- Total income, standalone, Q2 ended Sep 30, 2026 (million INR)4,855.47
- Profit after tax, standalone, Q2 ended Sep 30, 2026 (million INR)173.03
- Revenue from operations, standalone, Q2 ended Sep 30, 2025 (million INR)4,306.40
- Revenue from operations, standalone, half year ended Sep 30, 2026 (million INR)9,452.25
- Profit after tax, standalone, half year ended Sep 30, 2026 (million INR)344.76
- Basic earnings per share, standalone, Q2 (INR)2.59
- Incremental provision for employee benefits on new Labour Codes (million INR)40.67
- Total income, latest quarter8,170.99 (INR million)
- Total income, year-ago quarter7,348.70 (INR million)
- Total income, previous quarter7,687.70 (INR million)
- Total comprehensive income, latest quarter309.09 (INR million)
- Total comprehensive income, year-ago quarter205.74 (INR million)
- Total comprehensive income, previous quarter302.09 (INR million)
- Profit after tax, latest quarter321.28 (INR million)
- Profit after tax, year-ago quarter198.06 (INR million)
- Profit after tax, previous quarter302.83 (INR million)
- Revenue from operations, latest quarter8,122.39 (INR million)
- Revenue from operations, year-ago quarter7,293.44 (INR million)
- Revenue from operations, previous quarter7,642.91 (INR million)
- Profit before tax, latest quarter347.02 (INR million)
- Profit before tax, year-ago quarter235.77 (INR million)
- Profit before tax, previous quarter331.51 (INR million)
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