Stanrose Mafatlal Investments and Finance Limited has announced its unaudited financial results for the second quarter and half-year ended September 30, 2026. The Board of Directors approved and took on record the standalone and consolidated results. The auditor’s report from M/s. Manubhai & Shah LLP confirms a limited review of these financial results, noting the company’s transition from its NBFC criteria status.
Stanrose Mafatlal Announces Financial Results for Q2 2026
Stanrose Mafatlal Investments and Finance Limited has officially announced its unaudited financial results for the second quarter and half-year ending September 30, 2026. The company’s Board of Directors convened and approved these results, marking a key disclosure for stakeholders.
Key Findings from the Board Meeting
The Board Meeting, held on November 3, 2026, considered and approved the following:
- The Standalone and Consolidated Unaudited Financial Results for the Second Quarter and half-year ended September 30, 2026.
- The Report of the Auditors from M/s. Manubhai & Shah LLP, Chartered Accountants, dated November 3, 2026, which provided a limited review of the aforementioned financial results.
Auditor’s Review and Context
The independent auditor’s review report, dated November 3, 2026, confirms that based on their review, nothing came to their attention that would suggest the accompanying unaudited financial statements, prepared in accordance with applicable Indian Accounting Standards, contain material misstatements or fail to disclose required information. However, the report highlights an Emphasis of Matter regarding note no. 5, which details the preparation of results as per Division III to Schedule III of the Companies Act, 2013. This is due to the company no longer satisfying the principal business criteria of NBFC from April 01, 2026, following the commencement of a garments trading business.
Consolidated Financials Include Subsidiary
The consolidated financial results also incorporate the financial performance of the wholly-owned subsidiary, Stan Plaza Limited. The auditors noted that the financial results of the subsidiary were not reviewed by its own auditor, but their financial figures for assets, revenue, and profit have been included in the consolidated statements.
Consolidated Segment Information
Unaudited consolidated segment information for the quarter and half-year ended September 30, 2025 and September 30, 2026 has also been disclosed. This includes revenue from investments and trading, segment results, segment assets, and segment liabilities, providing a breakdown of the company’s various operational segments.
Source: BSE
