Solitaire Machine Tools reports Q2 and H1 2026 financial results

Solitaire Machine Tools Limited has announced its unaudited financial results for the quarter and half year ended September 30, 2026. The company’s Board of Directors considered and approved these results, which were also subject to a limited review by statutory auditors, K.C. Mehta & Co. LLP. The detailed financial statements, including revenue, expenses, and profits, are available for review.

Solitaire Machine Tools Announces Financial Results for Q2 and H1 2026

Solitaire Machine Tools Limited has officially disclosed its unaudited financial results for the quarter and half year that concluded on September 30, 2026. The Board of Directors convened for a meeting on November 5, 2026, where these financial statements were considered and subsequently approved. The approval also extended to the Limited Review Report provided by the company’s statutory auditors, M/s. K.C. Mehta & Co., LLP.

Key Financial Highlights

The reported financial results detail the company’s performance across various income and expense heads. For the quarter ended September 30, 2026, the company reported a profit before tax of ₹1.67 Lakhs. Total comprehensive income for the same period stood at ₹2.84 Lakhs. For the half-year ended September 30, 2026, the profit before tax was ₹34.19 Lakhs, with total comprehensive income amounting to ₹30.31 Lakhs. The company’s equity share capital remained stable at ₹454.22 Lakhs, while other equity stood at ₹1518.87 Lakhs as of September 30, 2026.

Revenue from operations for the quarter was ₹529.29 Lakhs, a notable increase from the ₹384.23 Lakhs reported in the previous year’s corresponding quarter. Expenses also saw fluctuations, with total expenses for the quarter standing at ₹530.59 Lakhs. The detailed breakdown of expenses includes costs of materials consumed, employee benefits, finance costs, and other operating expenditures.

Balance Sheet and Cash Flow

The company’s statement of unaudited assets and liabilities as of September 30, 2026, shows total assets of ₹3037.71 Lakhs. This includes non-current assets of ₹1761.27 Lakhs and current assets of ₹1276.44 Lakhs. Total equity and liabilities were also reported at ₹3037.71 Lakhs.

The cash flow statement for the half year ended September 30, 2026, indicates a net cash flow from operating activities of (₹105.14 Lakhs). Investing activities resulted in a net cash inflow of ₹111.16 Lakhs, primarily due to the sale of investments. Financing activities reported a net cash outflow of (₹133.52 Lakhs).

These financial results, along with the limited review report, are also being hosted on the company’s official website, www.smtgrinders.com.

Source: BSE

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