Omnitech Engineering Limited has announced its unaudited financial results for the quarter and half year ended September 30, 2026. The company reported a total income of ₹1,841.79 million for the quarter and ₹3,594.08 million for the half year. Additionally, the company confirmed there has been no deviation or variation in the utilization of its Initial Public Offering (IPO) proceeds, as per SEBI regulations.
Omnitech Engineering Announces Financial Results and IPO Fund Utilization Update
Omnitech Engineering Limited has disclosed its unaudited standalone financial results for the quarter and half year ending September 30, 2026. The company posted a total income of ₹1,841.79 million for the quarter, with revenue from operations standing at ₹1,755.72 million. For the half-year period, the total income reached ₹3,594.08 million, driven by revenue from operations of ₹3,447.94 million.
Key Financial Highlights
Total expenses for the quarter were ₹1,442.26 million, leading to a profit before tax of ₹399.53 million. Following tax expenses, the net profit for the quarter after tax was ₹302.76 million. For the half-year ended September 30, 2026, total expenses amounted to ₹2,801.44 million, with a profit before tax of ₹792.64 million. The net profit after tax for the half-year stood at ₹596.80 million.
The company also provided its standalone balance sheet as of September 30, 2026, showing total assets of ₹14,301.51 million and total equity and liabilities of the same amount. The statement of cash flows for the half-year ended September 30, 2026, indicates net cash flows generated from operating activities of ₹962.58 million.
IPO Fund Utilization Confirmation
In a separate disclosure, Omnitech Engineering Limited has confirmed that there has been no deviation or variation in the utilization of proceeds raised through its Initial Public Offering (IPO). This confirmation, reviewed by the Audit Committee and noted by the Board of Directors on November 4, 2026, covers the quarter ended September 30, 2026. The unutilized IPO proceeds are parked in fixed deposits with scheduled commercial banks.
The breakdown of IPO fund utilization shows that out of the total raised amount of ₹4,180.00 million, ₹1,851.50 million was utilized up to September 30, 2026. A significant portion of the funds has been allocated towards repayment of borrowings (₹500.00 million utilized), setting up new projects (₹539.57 million utilized), capital expenditure for solar panels and machinery (₹152.24 million utilized), and general corporate purposes (₹659.69 million utilized). The unutilized amount stands at ₹2,080.94 million.
The company’s financial statements also include consolidated results for the same periods, with total income of ₹1,838.80 million for the quarter and ₹3,563.16 million for the half-year. The consolidated profit after tax for the quarter was ₹305.67 million and for the half-year was ₹596.55 million.
Source: BSE
