The meeting commenced at 3:00 PM IST and concluded at 7:15 PM IST. The Audit Committee recommended the results, which were reviewed by the statutory auditor, Goutam & Co (Firm's Registration No. 326869E), who issued a limited review report dated October 27, 2026.

Financial Results Highlights (Quarter Ended September 30, 2026)

  • Revenue from Operations: ₹2,248.53 lakh (compared to ₹574.83 lakh in Q2 FY26 and ₹555.07 lakh in Q1 FY27)
  • Other Income: ₹9.33 lakh
  • Total Income: ₹2,257.86 lakh
  • Total Expenses: ₹2,040.16 lakh
  • Cost of Materials Consumed: ₹1,467.53 lakh
  • Changes in Inventories: ₹259.37 lakh
  • Employee Benefits Expense: ₹108.65 lakh
  • Finance Costs: ₹58.32 lakh
  • Depreciation and Amortization: ₹25.42 lakh
  • Other Expenses: ₹120.87 lakh
  • Profit Before Tax: ₹217.70 lakh (compared to loss of ₹66.05 lakh in Q2 FY26 and loss of ₹67.37 lakh in Q1 FY27)
  • Tax Expense (Deferred Tax): ₹50.31 lakh
  • Net Profit for the Quarter: ₹268.01 lakh (compared to net loss of ₹57.79 lakh in Q2 FY26)
  • Earnings Per Share (Basic and Diluted): ₹2.93

Half-Year Results (Ended September 30, 2026)

  • Revenue from Operations: ₹2,803.60 lakh (compared to ₹1,061.84 lakh in H1 FY26)
  • Other Income: ₹12.48 lakh
  • Total Income: ₹2,816.08 lakh
  • Total Expenses: ₹2,665.75 lakh
  • Profit Before Tax: ₹150.33 lakh (compared to loss of ₹119.48 lakh in H1 FY26)
  • Tax Expense (Deferred Tax): ₹51.51 lakh
  • Net Profit for Half-Year: ₹201.84 lakh (compared to net loss of ₹98.02 lakh in H1 FY26)
  • Earnings Per Share (Basic and Diluted): ₹2.21

Balance Sheet Position (as at September 30, 2026)

  • Total Assets: ₹4,753.11 lakh (compared to ₹4,160.56 lakh as at March 31, 2026)
  • Non-Current Assets: ₹2,206.53 lakh (including Property, Plant and Equipment of ₹2,094.89 lakh)
  • Current Assets: ₹2,546.58 lakh (including Inventories of ₹984.01 lakh and Trade Receivables of ₹965.61 lakh)
  • Equity: ₹2,346.51 lakh (Equity Share Capital: ₹915.06 lakh; Other Equity: ₹1,431.45 lakh)
  • Non-Current Liabilities: ₹836.74 lakh (including Borrowings of ₹773.78 lakh)
  • Current Liabilities: ₹1,569.86 lakh (including Borrowings of ₹611.09 lakh and Trade Payables of ₹649.72 lakh)

Cash Flow Statement (Half-Year Ended September 30, 2026)

  • Net Cash Used in Operating Activities: ₹(95.34) lakh
  • Net Cash Flow from Investing Activities: ₹(24.90) lakh
  • Net Cash Flow from Financing Activities: ₹122.52 lakh
  • Net Increase in Cash and Cash Equivalents: ₹2.28 lakh
  • Cash and Cash Equivalents at End of Period: ₹2.43 lakh

Additional Notes

  • The company operates in a single segment: Electrical Transformers.
  • The proposed sale of the Vadodara manufacturing unit to KASST Industries Limited did not materialize. As of September 30, 2026, no alternative buyer had been identified, and the unit continues to operate normally in the course of business.
  • The Vadodara Unit has not been classified as held for sale or as a discontinued operation as it does not meet the criteria under Ind AS 105.
  • The financial statements have been prepared in accordance with Indian Accounting Standard 34 (Interim Financial Reporting).
  • The results will be available on the company's website (www.alfa.in) and the BSE website (www.bseindia.com).