Comrade Appliances reports ₹668 Lakh loss for H1 FY27

Comrade Appliances Limited has announced its unaudited financial results for the half-year ended September 30, 2026. The company reported a total income of ₹917.76 Lakhs for the period, with total expenses amounting to ₹1,585.73 Lakhs. This resulted in a Profit/Loss before tax of ₹(667.97) Lakhs. The net loss for the half-year stood at ₹667.97 Lakhs.

Comrade Appliances Reports Financial Results for Half-Year Ended September 30, 2026

Comrade Appliances Limited has officially disclosed its unaudited financial results for the half-year period concluding on September 30, 2026. The Board of Directors approved these results following a meeting held on November 13, 2026. These results have also undergone a limited review by the company’s statutory auditors.

Financial Performance Highlights

The company’s total income for the half-year ended September 30, 2026, stood at ₹917.76 Lakhs. This comprised revenue from operations of ₹905.31 Lakhs and other income of ₹12.45 Lakhs. Total expenses for the same period were reported at ₹1,585.73 Lakhs.

The net loss for the half-year before tax was ₹(667.97) Lakhs. After considering a deferred tax of ₹8.37 Lakhs, the net loss for the period from continuing operations and overall profit/loss for the period remained at ₹(667.97) Lakhs.

Balance Sheet Overview

As of September 30, 2026, Comrade Appliances reported total assets of ₹5,177.05 Lakhs. Key components of the balance sheet include Property, Plant and Equipment and Intangible assets valued at ₹2,257.05 Lakhs, and current assets, primarily inventories and receivables, totaling ₹2,691.22 Lakhs.

On the liabilities side, total equity and liabilities were also ₹5,177.05 Lakhs. Shareholders’ funds amounted to ₹650.10 Lakhs, while non-current and current liabilities stood at ₹1,835.31 Lakhs and ₹2,691.64 Lakhs respectively.

Cash Flow Statement Insights

The statement of cash flows for the half-year ended September 30, 2026, shows a net cash generated from operating activities of ₹190.34 Lakhs. Investing activities resulted in a net cash outflow of ₹75.90 Lakhs, primarily due to purchases of property, plant, and equipment. Financing activities led to a net cash outflow of ₹148.14 Lakhs.

Consequently, the net decrease in cash and cash equivalents for the period was ₹33.70 Lakhs, with the closing balance of cash and cash equivalents at ₹88.05 Lakhs.

Source: BSE

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