Oswal Greentech Limited has submitted to the Exchange, the financial results for the period ended September 30, 2025.
OSWALGREEN · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Oswal Greentech's Board approved its Q2 FY26 (July–Sept 2025) and H1 FY26 (Apr–Sept 2025) standalone unaudited results, reviewed by new auditor Mehta Chokshi & Shah LLP. Q2 revenue from operations rose about 15% year-on-year to Rs 1,723.49 lakhs and profit after tax jumped around 40% to Rs 549.55 lakhs (EPS Rs 0.21). For the half year, revenue from operations grew roughly 21.5% to Rs 3,742.92 lakhs and profit after tax climbed about 41% to Rs 1,215.80 lakhs, driven by stronger contributions from the Real Estate and Investment Activities segments. The auditor's review report carries an Emphasis of Matter on a large Inter Corporate Deposit (ICD) dispute — an arbitration award of only Rs 9,717 lakhs was given against the company's claim of Rs 47,212 lakhs, leaving a shortfall of Rs 37,495 lakhs which Oswal Greentech is contesting in the Delhi High Court. Separately, the document notes the prior year (FY25) audit carried a qualified opinion and Q1 FY26 was reviewed by the predecessor auditor, confirming a mid-year auditor change.
Operationally, the company delivered solid double-digit revenue and profit growth with healthy segment results, which is positive for shareholders. However, the Rs 374 crore-plus arbitration shortfall, the prior year qualified opinion, and the mid-year switch of statutory auditors are governance red flags that could keep the stock under a watchlist and may pressure sentiment until the Delhi High Court ruling clarifies recovery prospects.