Q2 FY26 consolidated profit rose 2.3%, but review was qualified

Qualified OpinionEmphasis Of MatterResults RestatedExceptional ItemNegative Operating CashflowRelated Party TransactionsResults View source PDF Explain this filing

QUESS · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-2.0%Reaction day

₹250.50

prior close

₹254.00

announcement price

After-mkt

timing

Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)-0.2%-1.8% vs market

Diversified Commercial Services peers, median of 72sector-0.1%-1.9% vs sector

On the reaction day the stock moved 1.8 pts less than Nifty Microcap 250 and 1.9 pts less than its Diversified Commercial Services peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-1.0

10m

-0.9

15m

-1.0

30m

-2.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-2.0-0.2-1.8-0.1-1.9

Next day

-4.3-0.5-3.8-0.4-3.9

-6.0+0.5-6.5-0.3-5.8

-8.3-0.2-8.1-1.3-7.0

-10.9-1.9-9.0-2.7-8.2

-9.7-1.5-8.1-2.1-7.5

-12.7-2.2-10.5-2.8-9.9

15d

-15.7-3.6-12.1-5.4-10.3

-15.0-3.5-11.5-7.0-8.0

-16.0-7.0-9.0-9.2-6.8

-17.0-11.1-5.9-17.6+0.6

UpDownMarket · Nifty Microcap 250Sector · Diversified Commercial Services peers, median of 72Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Q2 FY26 consolidated revenue rose 3.4% to INR 38,316.08 million and profit rose 2.3% to INR 517.72 million. Standalone profit fell to INR 271.00 million after INR 241.46 million of exceptional costs. The review was qualified over tax disputes; auditors highlighted provident fund litigation. Possible tax demands: INR 2,963.84 million. Consolidated half-year operating cash outflow was INR 294.04 million. Prior numbers were restated after a demerger.

Likely market impact

Shareholders may face pressure from the standalone profit fall, audit uncertainty, tax and provident fund cases and negative cash flow, despite gains.