Board Meeting Details
The Board of Directors meeting was held on September 12, 2026, commencing at 04:30 PM. The board approved:
- The Unaudited Financial Statements (Standalone) along with Limited Review Report for the quarter and half year ended September 30, 2026
- Disclosure of Related Party Transaction for the half-year ended September 30, 2026
Financial Results Overview (Quarter Ended September 30, 2026)
- Revenue From Operations (Net): ₹2,706.56 lakh
- Other Income: -₹105.47 lakh
- Total Income: ₹2,601.09 lakh
- Total Expenses: ₹2,650.12 lakh
- Profit before tax: -₹49.02 lakh
- Tax Expense:
- Current Tax: -₹12.12 lakh
- Deferred Tax: ₹0.22 lakh
- Profit for the period: -₹61.36 lakh
- Total Comprehensive Income: -₹60.72 lakh
- Earnings per Equity Share (Basic): -₹0.04
- Earnings per Equity Share (Diluted): -₹0.04
Financial Results Overview (Half Year Ended September 30, 2026)
- Revenue From Operations (Net): ₹4,375.73 lakh
- Other Income: ₹99.59 lakh
- Total Income: ₹4,475.32 lakh
- Total Expenses: ₹4,224.53 lakh
- Profit before tax: ₹250.79 lakh
- Tax Expense:
- Current Tax: ₹56.91 lakh
- Deferred Tax: ₹38.48 lakh
- Profit for the period: ₹155.40 lakh
- Total Comprehensive Income: ₹155.73 lakh
- Earnings per Equity Share (Basic): ₹0.09
- Earnings per Equity Share (Diluted): ₹0.09
Comparative Performance
Compared to previous periods:
- Q2 FY26 Revenue: ₹1,707.34 lakh (current Q2: ₹2,706.56 lakh)
- H1 FY26 Revenue: ₹2,626.42 lakh (current H1: ₹4,375.73 lakh)
- FY26 Annual Revenue: ₹7,274.99 lakh
- Q2 FY26 Profit: ₹141.67 lakh (current Q2: -₹61.36 lakh)
- H1 FY26 Profit: ₹238.08 lakh (current H1: ₹155.40 lakh)
Balance Sheet Position (as at September 30, 2026)
- Total Assets: ₹10,225.72 lakh (Previous: ₹8,775.38 lakh as at March 31, 2026)
- Non-Current Assets: ₹876.70 lakh
- Current Assets: ₹9,349.01 lakh
- Total Equity: ₹5,360.89 lakh
- Equity Share Capital: ₹1,727.37 lakh
- Other Equity: ₹3,633.53 lakh
- Non-Current Liabilities: ₹706.08 lakh
- Current Liabilities: ₹4,158.74 lakh
Cash Flow Statement (Half Year Ended September 30, 2026)
- Net cash flow from operating activities: -₹353.18 lakh
- Net cash used in investing activities: -₹233.36 lakh
- Net cash used in financing activities: ₹542.16 lakh
- Net decrease in cash and cash equivalents: -₹44.39 lakh
- Cash and cash equivalents as at April 1: ₹71.88 lakh
- Cash and cash equivalents as at September 30: ₹33.45 lakh
Auditor Review
Statutory auditors ADMS & Associates (FRN: 123456W) conducted a limited review and issued an unmodified conclusion on the financial results. The review was performed in accordance with Standard on Review Engagements (SRE) 2410.
Additional Information
- The company operates in a single reportable segment
- Figures are prepared in accordance with Indian Accounting Standards (Ind AS)
- The financial results were reviewed by the Audit Committee before board approval
- The company has applied for a name change from Lorenzini Apparels Limited to Monteil Limited, pending NSE approval
- Paid-up equity share capital: ₹1,727.37 lakh (Face value of ₹1/- each)