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Awaiting price reaction for this filing.
Acrow India has submitted its unaudited standalone financial results for the quarter and half year ended September 30, 2025, under SEBI Regulation 33, along with a Limited Review Report from M/s Gautam N Associates, Chartered Accountants. The auditors have issued an UNMODIFIED opinion, confirmed by a separate declaration from the company. Total income for H1 FY26 rose to Rs 255.31 lakhs from Rs 134.36 lakhs in H1 FY25 (~90% growth), helped by a new Cotton Bales trading activity that brought in revenue from operations of Rs 175.17 lakhs (nil in H1 FY25). Net profit for H1 FY26 was a marginal Rs 0.39 lakhs, a massive swing from a Rs 101.34 lakh loss in H1 FY25, though Q2 FY26 standalone slipped back to a Rs 8.40 lakh loss after a Rs 8.79 lakh profit in Q1. A key concern is the cash flow statement: net cash used in operating activities widened to Rs (264.55) lakhs in H1 FY26 versus Rs (77.67) lakhs in H1 FY25. The company carries no borrowings, but cash and equivalents have shrunk to just Rs 0.94 lakhs as of September 30, 2025.
Profitability has meaningfully improved on a YoY basis, but the razor-thin H1 profit margin combined with a sharply negative operating cash flow signals ongoing cash burn and weak earnings quality, which investors should track closely.