Approved and taken on record the Unaudited Financial Results (Standalone and Consolidated) of the Company for the quarter and half year ended September 30, 2025, along with the Limited ....
FEDDERSHOL · price
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Fedders Holding Ltd's board, at its November 13, 2025 meeting, approved unaudited financial results for Q2 and H1 ended September 30, 2025. On a consolidated basis, total income fell sharply to Rs 14,590.25 lacs in H1 FY26 from Rs 24,530.94 lacs in H1 FY25, though net profit rose to Rs 3,087.43 lacs from Rs 2,705.41 lacs aided by Rs 17,535.58 lacs in exceptional/prior period items. On a standalone basis, the company reported a loss of Rs 23.62 lacs for the half-year with negligible revenue from operations of Rs 1.93 lacs. The statutory auditor issued a qualified conclusion on the consolidated results, flagging five issues primarily at its subsidiary Fedders Electric and Engineering Ltd, including Rs 47.65 lacs not transferred to the Investor Education and Protection Fund, missing fixed asset and scrap inventory records inherited from old management, non-determination of present value on preference shares under Ind AS 109, and unsupported credit card travel expenses.
The qualified auditor opinion and multiple governance/disclosure lapses at the main operating subsidiary are red flags that may weigh on investor confidence. The sharp year-on-year drop in consolidated revenue despite higher reported profit (driven by one-time exceptional items) suggests underlying business weakness.