Neptune Logitek Limited has announced the outcome of its Board Meeting held on November 03, 2026. The board considered and approved the unaudited standalone and consolidated financial results for the half year ended September 30, 2026. The results, along with the limited review report from the statutory auditors, have been submitted to the Bombay Stock Exchange Limited for record.
Board Meeting Approves Financial Results
Neptune Logitek Limited announced the proceedings of its Board Meeting convened on Tuesday, November 03, 2026. The meeting, which commenced at 04:00 PM and concluded at 04:50 PM, saw the Board of Directors consider and approve the unaudited standalone and consolidated financial results for the half year ended September 30, 2026.
Financial Statements Submission
In compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company has submitted these financial results. Alongside the financial statements, the Limited Review Report by the Statutory Auditors of the Company has also been enclosed and submitted. The company has requested that this information be taken on record by the Bombay Stock Exchange Limited.
Key Financial Highlights
The unaudited standalone and consolidated financial results for the period ended September 30, 2026, indicate the following key figures:
Standalone Financial Results
For the half year ended September 30, 2026, the standalone figures show:
- Revenue from Operations: ₹12,007.13 Lakhs
- Other Income: ₹72.20 Lakhs
- Total Revenue: ₹12,079.33 Lakhs
- Total Expenses: ₹11,721.42 Lakhs
- Profit before Exceptional Items and Tax: ₹357.90 Lakhs
- Profit after Tax: ₹223.81 Lakhs
- Basic/Diluted Earnings Per Share: ₹1.63
Consolidated Financial Results
For the half year ended September 30, 2026, the consolidated figures show:
- Revenue from Operations: ₹12,007.13 Lakhs
- Other Income: ₹72.20 Lakhs
- Total Revenue: ₹12,079.33 Lakhs
- Total Expenses: ₹11,721.42 Lakhs
- Profit before Exceptional Items and Tax: ₹357.90 Lakhs
- Profit after Tax: ₹223.81 Lakhs
- Basic/Diluted Earnings Per Share: ₹1.63
Auditor’s Limited Review
J. S. Maheshwari & Co., Chartered Accountants, have conducted a limited review of the accompanying standalone and consolidated unaudited financial results. Their report, dated 03rd November, 2026, concludes that based on their review, nothing has come to their attention that causes them to believe that the statements are not presented fairly in accordance with applicable accounting standards and regulations, and that they do not contain any material misstatement. The consolidated statement also includes the results of one subsidiary, Neptune Cargo Services Private Limited, which was deemed not material to the Group.
Statement on Utilization of Funds
The company also provided a statement on the deviation or variation in the utilization of funds raised through its Initial Public Offer (IPO). The total amount raised was ₹4,662.00 Lakhs, and the funds utilized up to September 30, 2026, precisely matched the original allocation for all categories including capital expenditure, loan repayment, general corporate purpose, and issue-related expenses. There were no deviations reported.
Source: BSE