Satchmo Holdings Limited has announced its unaudited financial results for the second quarter and half-year ended September 30, 2026. On a standalone basis, the company reported a loss of ₹373 lakhs for the quarter. Consolidated results also indicate a loss for the period. The results were approved by the Board of Directors and include the Limited Review Report from statutory auditors.
Satchmo Holdings Announces Q2 FY27 Financial Results
Satchmo Holdings Limited has officially released its unaudited standalone and consolidated financial results for the second quarter and half-year period ending September 30, 2026. The company’s Board of Directors convened on October 30, 2026, to approve these results, which have also been reviewed by the statutory auditors.
Standalone Financial Performance
For the quarter ended September 30, 2026, Satchmo Holdings reported a total income of ₹6 lakhs. The total expenses for the same period amounted to ₹416 lakhs, leading to a Profit/(Loss) before exceptional items and tax of ₹(410) lakhs. After accounting for exceptional items and tax, the standalone Profit/(Loss) after tax for the quarter was ₹(373) lakhs. The Earnings/(Loss) Per Share (EPS) for the quarter stood at ₹(0.26) for both basic and diluted measures.
For the six months period ended September 30, 2026, standalone total income was ₹132 lakhs, with total expenses at ₹919 lakhs. The Profit/(Loss) before tax for this period was ₹(750) lakhs, and the Profit/(Loss) after tax was also ₹(750) lakhs. The EPS for the six months period was ₹(0.51).
Consolidated Financial Performance
On a consolidated basis, for the quarter ended September 30, 2026, Satchmo Holdings reported a total income of ₹43 lakhs and total expenses of ₹531 lakhs. This resulted in a Profit/(Loss) before tax and interest of ₹(484) lakhs and a Profit/(Loss) after tax of ₹(447) lakhs. The consolidated EPS for the quarter was ₹(0.31).
For the six months period ended September 30, 2026, the consolidated total income was ₹186 lakhs, with total expenses of ₹1,140 lakhs. The consolidated Profit/(Loss) before tax was ₹(917) lakhs, and the Profit/(Loss) after tax was also ₹(917) lakhs. The consolidated EPS for the six months period was ₹(0.63).
Statement of Assets and Liabilities
As of September 30, 2026, the consolidated Total Assets stood at ₹24,160 lakhs, with Total Equity & Liabilities also at ₹24,160 lakhs. Equity Share Capital remained stable at ₹14,583 lakhs, while Other Equity was ₹(4,467) lakhs.
On the liabilities side, Non-current liabilities were ₹10,116 lakhs. Current liabilities totaled ₹13,358 lakhs. The standalone Total Assets as of September 30, 2026 were ₹24,052 lakhs, with Total Equity & Liabilities at ₹24,052 lakhs. Standalone Equity Share Capital was ₹14,583 lakhs, and Other Equity was ₹(4,052) lakhs.
Emphasis of Matter from Auditors
The independent auditors, KAMG & ASSOCIATES, have highlighted several matters in their report. These include a pending final settlement for the Long Island Project with a disputed liability of ₹1928 lakhs, for which revenue has not been recognised. Additionally, a ‘No Dues Certificate’ from HDFC Ltd. for a settlement of ₹1554 lakhs is yet to be obtained. The company has also not renewed the registration of project “Rio” under the Real Estate (Regulation and Development) Act, 2016, and has outstanding VAT dues of ₹1257 lakhs.
An “Other Matter” notes the incorporation of a new wholly-owned subsidiary, Satchmo Services Private Limited, on January 21, 2026, which has since been renamed REDSOX SERVICE COMPANY PRIVATE LIMITED.
Source: BSE
