Fortune International Limited disclosed the unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2026, approved by the Board of Directors in their meeting held on November 13, 2026. The board meeting commenced at 03:30 p.m. and concluded at 04:45 p.m.
Standalone Financial Performance
Quarter Ended September 30, 2026:
- Revenue from operations: ₹0 (nil)
- Other income: ₹0.43 lakh
- Total income: ₹0.43 lakh
- Total expenses: ₹3.01 lakh (Employee benefits: ₹0.82 lakh, Other expenses: ₹2.19 lakh)
- Loss before tax: ₹2.58 lakh
- Tax expenses: ₹0.35 lakh (earlier year tax)
- Net loss: ₹2.93 lakh
- Earnings per share (basic and diluted): (₹0.04)
Half Year Ended September 30, 2026:
- Revenue from operations: ₹0 (nil)
- Other income: ₹3.76 lakh
- Total income: ₹3.76 lakh
- Total expenses: ₹9.03 lakh (Employee benefits: ₹1.65 lakh, Other expenses: ₹7.38 lakh)
- Loss before tax: ₹5.27 lakh
- Tax expenses: ₹0.35 lakh (earlier year tax)
- Net loss: ₹5.62 lakh
- Earnings per share (basic and diluted): (₹0.08)
Comparative Figures (Quarter Ended):
- September 30, 2025: Net loss of ₹1.93 lakh
- June 30, 2026: Net loss of ₹2.69 lakh
Standalone Financial Position (as at September 30, 2026)
- Total assets: ₹526.44 lakh
- Non-current assets: ₹370.31 lakh (Investments)
- Current assets: ₹156.13 lakh (Cash and cash equivalents: ₹139.21 lakh, Other financial assets: ₹1.24 lakh, Current tax assets: ₹8.51 lakh, Other current assets: ₹7.18 lakh)
- Equity share capital: ₹704.00 lakh
- Other equity: (₹221.26) lakh
- Current liabilities: ₹43.71 lakh (Other financial liabilities: ₹43.00 lakh, Other current liabilities: ₹0.65 lakh, Trade payables: ₹0.06 lakh)
Standalone Cash Flows (Half Year Ended September 30, 2026)
- Net cash from operating activities: (₹13.76) lakh
- Net cash from investing activities: ₹3.76 lakh (interest income)
- Net cash from financing activities: ₹0
- Net decrease in cash: (₹10.01) lakh
- Cash at beginning: ₹149.22 lakh
- Cash at end: ₹139.21 lakh
Consolidated Financial Performance
Quarter Ended September 30, 2026:
- Revenue from operations: ₹0 (nil)
- Other income: ₹0.43 lakh
- Total income: ₹0.43 lakh
- Total expenses: ₹3.01 lakh
- Loss before tax: ₹2.58 lakh
- Tax expenses: ₹0.35 lakh
- Net loss: ₹2.93 lakh
- Add: Share in profit of associates: ₹36.67 lakh
- Profit after share in associates: ₹33.74 lakh
- Earnings per share (basic and diluted): ₹0.48
Half Year Ended September 30, 2026:
- Revenue from operations: ₹0 (nil)
- Other income: ₹3.76 lakh
- Total income: ₹3.76 lakh
- Total expenses: ₹9.03 lakh
- Loss before tax: ₹5.27 lakh
- Tax expenses: ₹0.35 lakh
- Net loss: ₹5.62 lakh
- Add: Share in profit of associates: ₹149.75 lakh
- Profit after share in associates: ₹144.13 lakh
- Earnings per share (basic and diluted): ₹2.05
Consolidated Financial Position (as at September 30, 2026)
- Total assets: ₹4,971.11 lakh
- Non-current assets: ₹4,814.98 lakh (Investments)
- Current assets: ₹156.13 lakh
- Equity share capital: ₹704.00 lakh
- Other equity: ₹4,223.40 lakh
- Current liabilities: ₹43.71 lakh
Consolidated Cash Flows (Half Year Ended September 30, 2026)
- Net cash from operating activities: (₹13.76) lakh
- Net cash from investing activities: ₹3.76 lakh
- Net cash from financing activities: ₹0
- Net decrease in cash: (₹10.01) lakh
- Cash at beginning: ₹149.22 lakh
- Cash at end: ₹139.21 lakh
Notes and Disclosures
1. The unaudited results were reviewed by the Audit Committee and approved by the Board on November 13, 2026, with limited review by statutory auditors D. Kothary & Co.
2. The company operates in only one segment (Mining) as per Ind AS 108.
3. Quarterly figures are balancing figures between half-year and previous quarter results.
4. Consolidated results include Fortune International Limited (holding company) and Fortune Stones Limited (associate company).
5. The auditors noted that the share of profit from associate Fortune Stones Limited (₹36.67 lakh for Q2 and ₹149.75 lakh for H1) was based on unaudited financial information not reviewed by its auditor.
6. Previous period figures have been re-grouped/reclassified where necessary.