Neptune Logitek Limited has announced the outcome of its Board Meeting held on November 3, 2026. The Board considered and approved the unaudited standalone and consolidated financial results for the half-year ended September 30, 2026. These results, along with the limited review report from statutory auditors, have been submitted to the Bombay Stock Exchange Limited. Key financial figures, including revenue, expenses, and profit, are detailed in the accompanying statements.
Board Approves Financial Results
Neptune Logitek Limited has officially released its unaudited financial results for the half-year period concluding on September 30, 2026. The company’s Board of Directors, in a meeting held on November 3, 2026, reviewed and approved these standalone and consolidated financial statements. The approval marks a significant step in the company’s financial reporting cycle.
Key Financial Highlights
The unaudited financial statements, submitted to the Bombay Stock Exchange Limited, offer a detailed look at Neptune Logitek’s performance. For the half-year ended September 30, 2026, the standalone results show a Profit after Tax of ₹223.81 Lakhs. The consolidated results for the same period also indicate a Profit after Tax of ₹223.81 Lakhs, reflecting consistent performance across both entities. Revenue from operations for the half-year stood at ₹12,007.13 Lakhs (standalone) and consolidated. Total expenses were reported at ₹11,721.42 Lakhs (standalone and consolidated).
Auditor’s Review
Accompanying the financial results is the Limited Review Report from the company’s statutory auditors, J. S. Maheshwari & Co. The auditors have conducted their review in accordance with the Standard on Review Engagements (SRE) 2410. Their conclusion states that based on their review, nothing has come to their attention that causes them to believe that the accompanying statements of unaudited financial results contain any material misstatement.
Segment Performance
The segment information report highlights the company’s geographical segmentation, focusing on Domestic Operations (India) and Export Operations (Outside India). For the half-year ended September 30, 2026, Segment Revenue from Within India was ₹9,627.38 Lakhs, while Outside India contributed ₹2,259.75 Lakhs. Segment Results (Profit before Tax) from Within India was reported as (₹14.43 Lakhs), with a significant positive contribution of ₹1,571.10 Lakhs from Outside India, leading to a Total Segment Result of ₹1,556.66 Lakhs.
Fund Utilization Update
An update on the utilization of funds raised through an Initial Public Offer (IPO) on the SME Platform has also been provided. The total amount raised was ₹4,662.00 Lakhs. For the half-year ended September 30, 2026, funds utilized towards Capital Expenditure towards acquiring machinery amounted to ₹3,394.15 Lakhs, Funding towards Repayment of Loan was ₹200.00 Lakhs, General Corporate Purpose utilized ₹602.96 Lakhs, and Issue Related Expenses amounted to ₹464.89 Lakhs. There has been no deviation or variation in the utilization of these funds.
Source: BSE
