Malt Land Q2 FY27: standalone loss Rs 28.66L, auditor flags interest issue
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Malt Land Distilleries posted Q2 FY26-27 standalone loss of Rs 28.66L vs profit Rs 37.60L YoY. H1 loss Rs 15.07L vs profit Rs 68.59L prior year. Revenue jumped to Rs 49,973.50L but entirely from a one-time stock-in-trade purchase of Rs 50,000L, netting near zero. Operating cash flow was negative at Rs -28.34L. Auditor VRSK and Associates raised an emphasis of matter noting interest was not provided on all loans and borrowings. Total assets fell sharply to Rs 92,431L from Rs 3.82 lakh crore earlier.
Weakening core operations, auditor flagging interest accounting gaps; one-time trading inflated revenue without profit; watch closely.