The Board meeting commenced at 3:00 PM and concluded at 4:40 PM at the company's registered office. The results were reviewed by the Audit Committee and approved by the Board. The statutory auditors, M/s. Patni & Co., Chartered Accountants, issued a limited review report on the financial results.
Financial Performance Highlights
Quarter Ended September 30, 2026 (Q2 FY27):
- Revenue from operations: ₹3,693.23 lakh (compared to ₹2,481.57 lakh in Q2 FY26)
- Total income: ₹3,701.27 lakh
- Profit before tax: ₹90.18 lakh (compared to ₹50.53 lakh in Q2 FY26)
- Tax expense: ₹23.06 lakh (Current tax: ₹7.88 lakh, Deferred tax: ₹15.18 lakh)
- Net profit: ₹67.12 lakh (compared to ₹30.90 lakh in Q2 FY26)
- Basic and diluted EPS: ₹1.34 per share (compared to ₹0.62 in Q2 FY26)
Half-Year Ended September 30, 2026 (H1 FY27):
- Revenue from operations: ₹6,606.07 lakh (compared to ₹5,072.36 lakh in H1 FY26)
- Total income: ₹6,642.41 lakh
- Profit before tax: ₹155.90 lakh (compared to ₹84.44 lakh in H1 FY26)
- Tax expense: ₹25.66 lakh (Current tax: ₹14.05 lakh, Deferred tax: ₹11.61 lakh)
- Net profit: ₹130.24 lakh (compared to ₹50.40 lakh in H1 FY26)
- Basic and diluted EPS: ₹2.61 per share (compared to ₹1.01 in H1 FY26)
Balance Sheet Position (as of September 30, 2026)
- Total assets: ₹7,487.05 lakh (compared to ₹5,855.10 lakh as of March 31, 2026)
- Property, plant and equipment: ₹3,525.64 lakh (increased from ₹2,951.64 lakh)
- Trade receivables: ₹2,558.88 lakh (increased from ₹1,867.60 lakh)
- Current tax assets: ₹243.89 lakh (decreased from ₹513.10 lakh)
- Equity share capital: ₹499.23 lakh (unchanged)
- Other equity: ₹1,745.19 lakh (increased from ₹1,614.95 lakh)
- Total borrowings: ₹3,946.90 lakh (Non-current: ₹1,733.25 lakh, Current: ₹2,213.65 lakh)
Cash Flow Statement (H1 FY27)
- Net cash used in operating activities: ₹(88.86) lakh
- Net cash used in investing activities: ₹(839.63) lakh (primarily due to purchase of property, plant & equipment of ₹840.11 lakh)
- Net cash from financing activities: ₹933.92 lakh (primarily from increase in borrowings of ₹1,074.65 lakh)
- Net increase in cash and cash equivalents: ₹5.43 lakh
- Closing cash and cash equivalents: ₹8.64 lakh
Additional Information
- The financial results were prepared in accordance with Indian Accounting Standards (Ind AS)
- The company does not have more than one reportable segment
- The statutory auditors conducted a limited review and found no material misstatements
- The results will be published in newspapers as required under Regulation 47 of SEBI LODR
- The results are available on the company's website: https://isocl.in/financial-results-2/