Q2 FY27 profit dips as auditor withholds review conclusion on receivables
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Q2 FY27 standalone revenue fell to Rs 2,383.40 lakh from Rs 2,965.91 lakh; net profit Rs 38.12 lakh versus Rs 42.77 lakh. Consolidated revenue Rs 2,501.84 lakh against Rs 3,089.21 lakh, profit Rs 23.10 lakh. Half year consolidated operating cash flow was negative Rs 247.69 lakh. Auditor gave no conclusion, citing Rs 2,943.89 lakh trade receivables and Rs 735.13 lakh loans without loss checks, and going concern doubt at a subsidiary.
Revenue and profit fell and the auditor withheld its conclusion on receivables and a subsidiary, raising provision and going concern risk.