Announced Fri, 6 Nov, 2026 · 20:30 IST
Q2 profit rises; auditor flags tax credit and Cyprus unit winding up
AUTOIND · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction
Awaiting price reaction for this filing.
AI summary
Autoline Industries approved unaudited Q2 results to September 30, 2026. Consolidated net profit was Rs 670 lakh on revenue Rs 30,459 lakh. The review was qualified because Rs 596.80 lakh of tax credit is unlikely to be usable, overstating assets and earnings. A US court ruling leaves Rs 545.10 lakh of net exposure. Koderat, a Cyprus subsidiary, entered creditors' winding up on September 24, 2026. Control was lost and a Rs 55 lakh gain booked.
Likely market impact
Profit growth helps, but auditor concerns over a Rs 596.80 lakh tax credit and Rs 545.10 lakh court exposure may weigh on sentiment.