Nirav Commercials 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, along with the accompanying Limited Review Report from its statutory auditors. Key figures indicate a net profit of ₹(0.38) crore for the quarter ended September 30, 2026, and a net profit of ₹(0.27) crore for the half-year period.
Financial Performance Update
Nirav Commercials Limited has officially released its unaudited financial results for the second quarter and the first half of the financial year ending September 30, 2026. The company’s Board of Directors convened on November 13, 2026, to review and approve these statements.
Key Financial Highlights
Unaudited Results for the Quarter and Half Year Ended September 30, 2026
- Net Profit/(Loss) for the period (before tax): The company reported a Net Profit/(Loss) of ₹0.06 crore for the quarter ended September 30, 2026, and ₹0.08 crore for the half year ended the same date.
- Net Profit/(Loss) from ordinary activities after tax: For the quarter, the net profit/(loss) after tax was ₹(0.38) crore, and for the half year, it was ₹(0.27) crore.
- Total Comprehensive Income: The Total Comprehensive Income for the quarter was ₹(0.25) crore, and for the half year, it stood at ₹(0.11) crore.
- Earnings Per Share (EPS): Basic and Diluted EPS before extraordinary items for the quarter was ₹(9.69), and for the half year, it was ₹(6.89). After extraordinary items, the EPS for the quarter was also ₹(9.69), and for the half year, it was ₹(9.69).
Statement of Assets and Liabilities
As of September 30, 2026, the company’s total assets amounted to ₹32.34 crore, with total equity and liabilities standing at ₹32.34 crore. Share capital was reported at ₹0.39 crore, and other equity was ₹30.90 crore. Current liabilities were ₹0.53 crore.
Cash Flow Statement
The Cash Flow Statement for the half year ended September 30, 2026, indicates a net cash used in operating activities of ₹(0.15) crore. Investing activities resulted in net cash used of ₹(0.02) crore, while financing activities generated net cash of ₹0.12 crore. The net increase in cash and cash equivalents for the period was ₹(0.01) crore, resulting in closing cash and cash equivalents of ₹0.04 crore as of September 30, 2026.
Auditor’s Limited Review Report
The financial results have undergone a limited review by the statutory auditors, Suryaprakash Maurya & Co. LLP. The auditors noted that the provision for Gratuity and Leave Encashment has not been made as per actuarial valuation as required under Ind AS 19. However, the company has made the provision on an estimated basis. Despite this observation, the auditors concluded that, based on their review, nothing came to their attention to suggest that the accompanying unaudited financial results contain any material misstatement.
Source: BSE
