Announced Fri, 14 Nov · 18:07 IST

Standalone Financial Result for the quarter and half year ended 30-09-2025.

Revenue Growth 20pctPat Growth 25pctRevenue DeclineResults View source PDF

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AI summary

Solitaire Machine Tools reported standalone unaudited results for Q2 FY26 showing a strong year-on-year recovery. Revenue from operations rose to Rs 378.66 lakhs from Rs 208.39 lakhs in Q2 FY25, an increase of roughly 82%, while profit after tax jumped to Rs 49.61 lakhs from just Rs 1.11 lakhs a year earlier. On a half-year basis, however, revenue declined about 20% to Rs 708.62 lakhs (from Rs 890.73 lakhs) and PAT fell to Rs 33.31 lakhs from Rs 92.81 lakhs. Basic EPS for the quarter stood at Rs 0.64 (vs Rs 0.09 YoY) and for the half year at Rs 1.09. The statutory auditor K C Mehta & Co LLP issued an unmodified limited review report with no qualifications or emphasis-of-matter issues. The company operates in a single segment — manufacturing and re-manufacturing of centreless grinding machines and spare parts.

Likely market impact

The Q2 bounce-back is encouraging on a low base, but the half-year numbers are still materially below last year, suggesting the recovery is uneven rather than a clear uptrend. For shareholders, the modest absolute scale of profits and the lack of any negative auditor flags means limited near-term red flags, but the stock is small-cap and results remain volatile.