Dhatre Udyog Limited has announced its unaudited financial results for the second quarter and half year ended September 30, 2026. The company reported a net loss for the quarter. The results were approved by the Board of Directors and subjected to a limited review by the statutory auditors, who expressed a modified opinion.
Dhatre Udyog Limited Financial Update
Dhatre Udyog Limited has officially released its unaudited financial results for the quarter and half year concluding on September 30, 2026. The Board of Directors considered and approved these results following a meeting held on November 12, 2026. The financial statements have undergone a limited review by the Statutory Auditors, P. D. Rungta & Co., Chartered Accountants, who have issued a modified opinion.
Key Financial Highlights (Unaudited)
For the second quarter ended September 30, 2026, Dhatre Udyog Limited reported a net loss. The total assets of the company stood at ₹5,103.45 lakhs as of September 30, 2026, compared to ₹4,897.00 lakhs as of March 31, 2026. Total equity and liabilities also amounted to ₹5,103.45 lakhs as of the same date.
The company’s statement of profit and loss reveals a loss before tax of ₹311.98 lakhs for the three months ended September 30, 2026, and a net loss after tax of ₹239.67 lakhs. The half-year ended September 30, 2026, also reported a loss before tax of ₹340.62 lakhs and a net loss of ₹268.95 lakhs.
Operational and Strategic Developments
The accompanying notes indicate that the company has suspended its business activities. Additionally, the Board of Directors, in a meeting on February 14, 2025, approved the closure of manufacturing operations due to plant ageing and obsolescence. Assets have been disposed of, and the company is evaluating opportunities in real estate development. The financial statements are prepared on a going concern basis, supported by these potential developments.
Auditor’s Review
The Independent Auditor’s Review Report highlights a qualified conclusion. The report notes that balances under trade receivables, advances, and trade payables are subject to confirmations and adjustments, the impact of which could not be ascertained due to pending reconciliations. Furthermore, an Emphasis of Matter paragraph draws attention to the cessation of manufacturing operations and the ongoing evaluation of real estate development opportunities. The auditor’s opinion is not modified regarding the going concern basis of preparation.
Source: BSE
