Change in Internal Auditor
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The board of Oriental Rail Infrastructure Ltd, at its meeting on November 12, 2025, approved the unaudited financial results for Q2 and H1 FY26 ended September 30, 2025. On a standalone basis, Q2 revenue from operations stood at Rs. 42.61 crore with a net profit of Rs. 3.88 crore (PAT margin of 8.93%), while H1 revenue was Rs. 77.10 crore and net profit Rs. 6.11 crore. On a consolidated basis, Q2 revenue was Rs. 133.39 crore with net profit of Rs. 10.67 crore, and H1 revenue reached Rs. 251.30 crore with net profit of Rs. 16.54 crore. The company also reported total orders in hand of Rs. 2,101.32 crore (including its subsidiary Oriental Foundry Pvt Ltd). Additionally, M/s. H.Y. Pancha & Associates resigned as Internal Auditor due to health reasons, and M/s. K.S. Agarwal & Co. was appointed as the new Internal Auditor for FY 2025-26.
Results show steady profitability with consolidated H1 net profit of Rs. 16.54 crore, and a healthy order book of Rs. 2,101 crore provides revenue visibility. The internal auditor change is routine and driven by health reasons, not a governance concern.