Stanrose Mafatlal Investments and Finance Limited announced the outcome of its Board Meeting held on November 3, 2026. The Board approved and took on record the Standalone and Consolidated Unaudited Financial Results for the Second Quarter and half year ended September 30, 2026. The company also presented the Auditors’ Report for the limited review of these results.
Board Meeting Outcome
Stanrose Mafatlal Investments and Finance Limited convened a Board Meeting on November 3, 2026. During this meeting, the Board of Directors considered and approved the financial results for the period ending September 30, 2026.
Financial Results Submission
The company has submitted its Standalone and Consolidated Unaudited Financial Results for the Second Quarter and half year ended September 30, 2026. These results were duly signed and approved by the Board of Directors.
Auditors’ Review
The Board also reviewed the report from M/s. Manubhai & Shah LLP, Chartered Accountants, dated November 3, 2026. This report pertains to the limited review of the Standalone and Consolidated Unaudited Financial Results for the said period.
Key Financial Highlights (as per statements)
Standalone Financials
- For the quarter ended September 30, 2026, the total income from operations was ₹73.01 Lakhs, with a loss after tax of (₹190.80) Lakhs.
- For the half-year ended September 30, 2026, the total income from operations was ₹190.23 Lakhs, with a loss after tax of (₹157.74) Lakhs.
Consolidated Financials
- For the quarter ended September 30, 2026, the total income from operations was ₹71.17 Lakhs, with a loss after tax of (₹67.05) Lakhs.
- For the half-year ended September 30, 2026, the total income from operations was ₹150.55 Lakhs, with a loss after tax of (₹90.89) Lakhs.
Auditor’s Report Emphasis
Manubhai & Shah LLP, in their review report, highlighted that the company, as of April 01, 2026, no longer satisfies the principal business criteria of an NBFC due to commencing a garments trading business. The results have been prepared as per Division III to the Schedule III of the Companies Act, 2013.
Additionally, the consolidated results include the financial results of a subsidiary company which were not reviewed by its auditor. This subsidiary had total assets of ₹378.60 Lakhs and a net loss after tax of (₹0.12) Lakhs for the quarter ended September 30, 2026.
Source: BSE
