Announced Fri, 14 Nov · 16:19 IST

UN AUDITED FINANCIAL RESULTS FOR THE HALF YEAR ENDED 30.09.2025

Qualified OpinionEmphasis Of MatterGoing ConcernContingent Liabilities IncreasedRevenue DeclineNegative Operating CashflowResults View source PDF

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

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Tarini International reported flat standalone revenue from operations of Rs. 99 lakhs for H1 FY26, same as H1 FY25, while standalone profit after tax rose about 22% to Rs. 34.09 lakhs (from Rs. 27.98 lakhs), helped by lower employee and other expenses. On a consolidated basis, revenue from operations rose modestly to Rs. 108 lakhs, but total income fell to Rs. 117 lakhs from Rs. 123 lakhs and consolidated PAT slipped to Rs. 99.09 lakhs from Rs. 107.09 lakhs, mainly because the share of profit from associates dropped to Rs. 73.08 lakhs. The statutory auditor (M. Modi & Associates) issued a qualified opinion, noting that an unrecorded provision would have turned standalone PBT of Rs. 51.49 lakhs into a loss of Rs. 70.10 lakhs, and flagged going-concern doubts for two loss-making subsidiaries. The auditor also highlighted several pending matters as Emphasis of Matter: receivables pending confirmation, a farmhouse attached by the Enforcement Directorate (stayed by Delhi HC in 2018), an ongoing Rs. 505 lakh SEBI penalty appeal in the Supreme Court, and pending compounding applications under the Companies Act. Consolidated operating cash flow was negative at Rs. (9.78) lakhs versus a negative Rs. (67.06) lakhs in FY25.

Likely market impact

Mixed for shareholders — top-line is essentially flat, profitability looks modest but is qualified by the auditor, and serious unresolved legal/regulatory exposures (ED attachment, SEBI penalty of Rs. 505 lakhs, going-concern flag on subsidiaries) remain overhangs that could weigh on the stock despite small earnings growth.