Board Meeting Outcome for Unaudited Standalone and Consolidated Financial Results of the Company for the Quarter and Half Year ended September 30, 2025 along with Limited Review Report
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The Board of Abans Enterprises approved unaudited financial results for the quarter and half year ended September 30, 2025, along with a clean (unqualified) Limited Review Report from statutory auditors Class & Co LLP. Standalone revenue from operations jumped dramatically to ₹10,825.55 lakhs in Q2 FY26 (vs ₹665.76 lakhs in Q2 FY25) and to ₹16,484.08 lakhs for H1 FY26 (vs ₹790.34 lakhs in H1 FY25). Despite the strong top-line, standalone Q2 FY26 slipped into a loss of ₹112.18 lakhs, though H1 FY26 returned to a small profit of ₹55.26 lakhs (vs a loss of ₹67.12 lakhs last year). On a consolidated basis, revenue surged to ₹3,91,923.46 lakhs (H1) from ₹1,16,857.50 lakhs, with H1 PAT of ₹954.78 lakhs. The proposed merger of wholly-owned subsidiary Abans Jewels Limited, approved by the Board in November 2024, is still awaiting NCLT approval and has not been given effect in these results.
Massive revenue growth signals a sharp scaling-up of trading activities, but the standalone quarterly loss and razor-thin margins raise concerns about profitability sustainability. Investors should watch for NCLT clearance on the Abans Jewels merger, which could materially reshape the company's financials once effective.