Dhatre Udyog Limited announced its unaudited financial results for the quarter and half-year ended September 30, 2026. The company reported a net loss after tax of ₹36.23 lakh for the quarter and ₹23.45 lakh for the half-year ended September 30, 2025. The auditor, P. D. Rungta & Co., issued a qualified conclusion, citing pending confirmations for trade receivables, advances, and payables impacting the ascertainment of their consequential impact on the financial statements.
Dhatre Udyog Posts Q2 FY27 Results
Dhatre Udyog Limited has disclosed its unaudited financial results for the second quarter and the half-year period ending September 30, 2026. The company experienced a net loss after tax of ₹36.23 lakh for the quarter ended September 30, 2026, compared to a loss of ₹23.45 lakh in the corresponding prior period. For the half-year ended September 30, 2026, the net loss after tax stood at ₹23.45 lakh.
Financial Performance Highlights
The total income for the quarter ended September 30, 2026, was reported at ₹70.80 lakh. Expenses for the same period amounted to ₹180.72 lakh, leading to a profit before tax of ₹(109.92) lakh. The financial statements also indicate a provision of ₹289.80 lakh towards Expected Credit Loss on Trade Receivables outstanding for over a year. The company’s total assets as of September 30, 2026, were ₹5,103.45 lakh, with total equity at ₹4,988.36 lakh.
Auditor’s Qualified Conclusion
Independent auditors P. D. Rungta & Co. provided a qualified conclusion on the accompanying unaudited financial results. They noted that balances under trade receivables, advances, and trade payables are subject to pending confirmations and adjustments. In the absence of these, the consequential impact on the financial statements could not be ascertained. Furthermore, the auditors highlighted Note 4 concerning the cessation of the Company’s manufacturing operations due to ageing plant and machinery, and the resultant evaluation of opportunities for real estate development.
Operational Changes and Future Outlook
The Board of Directors had previously approved the closure of manufacturing operations at the Vizianagaram facility due to obsolescence and increased production costs. The company disposed of plant and machinery as scrap and sold the factory land separately. Dhatre Udyog is currently exploring real estate development opportunities on land situated at Jamshedpur. The financial statements have been prepared on a going concern basis, supported by management’s assessment of potential real estate development and other available resources.
Source: BSE
