Consolidated September 2026 quarter profit after tax rises 38.5%, but review is qualified

Qualified audit opinionGoing-concern doubtEmphasis of matterExceptional itemRevenue declinedProfit growth above 25%Results View source PDF Explain this filing

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

+6.1%Reaction day

₹7.07

prior close

₹7.20

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is usedpendingvs market: pending

Road Assets - Toll Annuity Hybrid-Annuity peers, median of 6sector+0.7%+5.3% vs sector

On the reaction day the stock moved 5.3 pts more than its Road Assets - Toll Annuity Hybrid-Annuity 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

-0.7

10m

+0.3

15m

+1.1

30m

+1.4

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+6.1pendingpending+0.7+5.3

Next day

+1.6pendingpending+0.3+1.3

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15d

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UpDownMarket · Nifty Microcap 250Sector · Road Assets - Toll Annuity Hybrid-Annuity peers, median of 6Pending

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AI summary

Consolidated quarter ended September 30, 2026: revenue from operations was Rs 22,666.81 lakh, up 11.1% from Rs 20,403.79 lakh a year earlier; profit after tax was Rs 6,386.94 lakh, up 38.5% from Rs 4,610.01 lakh. Standalone half-year ended Sep 2026: loss after tax Rs 1,819.65 lakh. The review was qualified; it noted going-concern risk and vendor claims. Consolidated borrowings Rs 303,364.95 lakh versus equity Rs 10,229.20 lakh. Auditor resigned.

Likely market impact

Profit growth helps, but lower operating margin, qualified review, going-concern risk, high debt and auditor resignation could hurt the stock.

By the numbersConsolidated · Q2 FY27 vs Q2 FY26

	Q2 FY27	Q2 FY26	Change
Revenue	₹226.7 Cr	₹249.9 Cr	−9.3%
Profit after tax	₹63.87 Cr	₹26.86 Cr	+137.8%

From the company's XBRL filing, not from the text above. Operating profit and EBITDA margin are not shown for banks and lenders, whose other income is their business.