We are hereby submitting standalone and consolidated quarterly and half yearly results as on 30th September, 2025 along with the LRR issued by the Statutory Auditor, which were approved ....
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Fortune International Limited reported its unaudited Q2 and H1 FY26 results, showing no revenue from operations on a standalone basis. Total standalone income for Q2 FY26 was Rs. 1.59 lakhs versus Rs. 90.70 lakhs in the year-ago quarter, when it had booked a one-time dividend. The company posted a standalone net loss of Rs. 1.93 lakhs in Q2 and Rs. 2.44 lakhs in H1 FY26, compared to a profit of Rs. 66.15 lakhs in H1 FY25. The standalone balance sheet continues to show negative other equity of Rs. (235.07) lakhs, indicating accumulated losses exceeding reserves. Consolidated results were salvaged by the company's share of profits from associate Fortune Stones Limited (Rs. 45.31 lakhs in Q2, Rs. 218.51 lakhs in H1), pushing consolidated H1 profit to Rs. 216.08 lakhs. Operating cash flow was negative at the standalone (-Rs. 10.21 lakhs) and consolidated (-Rs. 13.37 lakhs) levels. Auditor D. Kothary & Co. issued an unmodified review report, though it flagged that the associate's interim financials were not independently reviewed.
The standalone business has effectively ceased generating operating revenue and is loss-making with eroded reserves, which is a serious red flag for shareholders relying on the parent company alone. The consolidated picture looks healthier only because of the associate's contribution, meaning the stock's real value is almost entirely tied to Fortune Stones Limited's performance rather than the listed entity's own operations.