Board Meeting Details
The meeting commenced at 16:55 IST and concluded at 18:10 IST on November 04, 2026. The trading window for dealing in the company's securities remains closed until 48 hours from this announcement.
Consolidated Financial Results (Quarter Ended September 30, 2026)
- Revenue from operations: ₹190.15 crore
- Other income: ₹2.42 crore
- Total income: ₹190.39 crore
- Profit before tax: ₹13.83 crore
- Tax expense: ₹12.97 crore (Current tax: ₹18.90 crore, Deferred tax: ₹(5.93) crore)
- Profit after tax: ₹0.86 crore
- Other comprehensive income: ₹0.55 crore
- Total comprehensive income: ₹1.41 crore
- Basic and diluted EPS: ₹0.12
- Paid-up equity share capital: ₹13.95 crore
Consolidated Financial Results (Half Year Ended September 30, 2026)
- Revenue from operations: ₹379.09 crore
- Other income: ₹6.73 crore
- Total income: ₹385.82 crore
- Profit before tax: ₹61.20 crore
- Tax expense: ₹27.65 crore (Current tax: ₹38.05 crore, Deferred tax: ₹(10.40) crore)
- Profit after tax: ₹33.55 crore
- Other comprehensive income: ₹0.51 crore
- Total comprehensive income: ₹34.06 crore
- Basic and diluted EPS: ₹4.81
Consolidated Balance Sheet (As at September 30, 2026)
- Total assets: ₹391.68 crore (Non-current assets: ₹21.00 crore, Current assets: ₹370.68 crore)
- Total equity: ₹250.44 crore (Share capital: ₹13.95 crore, Other equity: ₹236.49 crore)
- Total liabilities: ₹141.24 crore (Non-current liabilities: ₹30.90 crore, Current liabilities: ₹110.34 crore)
Standalone Financial Results (Quarter Ended September 30, 2026)
- Revenue from operations: ₹0.10 crore
- Other income: ₹0.40 crore
- Total income: ₹0.50 crore
- Loss before tax: ₹(1.16) crore
- Tax benefit: ₹(0.29) crore (Deferred tax)
- Loss after tax: ₹(0.86) crore
- Total comprehensive loss: ₹(0.86) crore
- Basic and diluted EPS: ₹(0.12)
Standalone Financial Results (Half Year Ended September 30, 2026)
- Revenue from operations: ₹7.67 crore
- Other income: ₹0.91 crore
- Total income: ₹8.58 crore
- Loss before tax: ₹(1.90) crore
- Tax benefit: ₹(0.48) crore (Deferred tax)
- Loss after tax: ₹(1.42) crore
- Total comprehensive loss: ₹(1.42) crore
- Basic and diluted EPS: ₹(0.20)
Subsidiary Information
The consolidated results include financial performance of the following subsidiaries:
1. Abans Jewels Limited (Wholly owned subsidiary, India)
2. Abans Gems & Jewels Trading FZC (Step-down subsidiary, UAE, wholly owned by Abans Jewels Limited)
3. Splendid International Limited (Wholly owned subsidiary, Mauritius)
Subsequent Event - Subsidiary Winding Up
The Board of Directors of Abans Gems & Jewels Trading FZC (step-down subsidiary) approved the proposal for voluntary winding up on November 2, 2026, subject to obtaining requisite approvals from shareholders of its immediate and ultimate holding companies.
The interim financial statements of this subsidiary for the period ended September 30, 2026, have been prepared on a basis other than going concern, with assets stated at expected net realizable values and liabilities at expected settlement amounts. As of September 30, 2026, the step-down subsidiary had total assets of USD 84,612 and total liabilities of USD 11,222.
Auditor's Review
Class & Co. LLP, Chartered Accountants, conducted a limited review of both standalone and consolidated financial results. Their review report states that nothing has come to their attention that causes them to believe that the financial results contain any material misstatement.
Additional Information
The information is available on the company's website (www.abansenterprises.com) and on the websites of BSE Limited and MSEI Limited.