Garnet International Reports Q2 FY27 Results; Net Profit Rs. 18.53 Lakhs
RESULTS
▲ Positive Development
LOW RISK
📅 Filed on BSE: 14 Nov 2026, 04:32 PM IST · BSE ID: 148a08e6-15fb-4626-99bb-a06265dda34a
View Original BSE Filing (PDF)
💡
In Simple Terms
Garnet International announced its latest quarterly financial results, showing a profit of Rs. 18.53 Lakhs, and forfeited unexercised warrants.
🤖 AI Summary
- Garnet International reported standalone net profit of Rs. 18.53 Lakhs for the quarter ended 30 September 2026 (Q2 FY27).
- Standalone revenue from operations was Rs. 75.91 Lakhs for Q2 FY27.
- The Board approved forfeiture of 2,700,000 unexercised convertible share warrants.
- Rs. 8,84,25,000/- from forfeited warrant proceeds transferred to Capital Reserve Account.
- Non-applicability of Regulation 32 of SEBI (LODR) 2015 confirmed for Q2 FY27 and subsequent quarters.
🔢 Key Numbers - exact figures from BSE filing, not rounded
Revenue from Operations (Quarter ended 30 September 2026)
Rs. 75.91 Lakhs
Profit for the period (Quarter ended 30 September 2026)
Rs. 18.53 Lakhs
Basic Earnings per Equity Share (Quarter ended 30 September 2026)
Rs. 0.10
Forfeited Warrant Proceeds Transferred to Capital Reserve
Rs. 8,84,25,000/-
Total Assets (As at 30 September 2026)
Rs. 4,217.69 Lakhs
🏢 How This Affects the Company
The forfeiture of 2,700,000 unexercised warrants and transfer of Rs. 8,84,25,000/- to Capital Reserve impacts the company's equity structure and reserves. The net profit for the quarter contributes to retained earnings.
Confirmation of non-applicability of Regulation 32 for Q2 FY27 and subsequent quarters indicates no funds were raised or utilized during the period, concluding the warrant issue.
👥 What This Means For Shareholders
✅
Action Required
No immediate action is required from shareholders based on this financial results filing.
👤
Who Is Affected
Shareholders are impacted by the company's financial performance, reflected in the net profit of Rs. 18.53 Lakhs for the quarter and the increase in Capital Reserve by Rs. 8,84,25,000/- due to warrant forfeiture.
🔍
Management Signal
The Board's decision to forfeit unexercised warrants signals a definitive conclusion to the preferential issue and a move to consolidate non-refundable funds into reserves.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List - track these upcoming events
Q3 FY27 financial results — check for sustained profitability and revenue trends.
Updates on business strategy — look for filings outlining future operational plans.
Balance sheet changes — monitor shifts in assets and liabilities in upcoming reports.
LOW RISK
The filing reports routine financial results and a concluded warrant forfeiture.
💡 Investor Takeaway
Garnet International reported a standalone net profit of Rs. 18.53 Lakhs for Q2 FY27 on revenue of Rs. 75.91 Lakhs. The company's Board completed the forfeiture of 2,700,000 unexercised warrants, transferring Rs. 8,84,25,000/- to Capital Reserve.
⚖️ Strengths & Concerns
✅ Positives
- Net profit for the quarter ended 30 September 2026 stood at Rs. 18.53 Lakhs, indicating profitability for the period.
- Forfeiture of 2,700,000 unexercised warrants resulted in Rs. 8,84,25,000/- being transferred to Capital Reserve, strengthening Other Equity.
⚠️ Concerns
- Revenue from operations was Rs. 75.91 Lakhs for Q2 FY27, showing limited scale of primary business activities.
- Other comprehensive income was Rs. 0.21 Lakhs, a small contribution to total comprehensive income for the period.
📅 Company Track Record
No previous filings or specific historical data for Garnet International are available in the provided context for a detailed historical note.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What was Garnet International's standalone net profit for Q2 FY27?
Garnet International reported a standalone net profit of Rs. 18.53 Lakhs for the quarter ended 30 September 2026 (Q2 FY27).
What was Garnet International's revenue from operations in Q2 FY27?
Revenue from operations for Garnet International in Q2 FY27 (quarter ended 30 September 2026) was Rs. 75.91 Lakhs.
What happened with the unexercised warrants at Garnet International?
The Board of Garnet International approved the forfeiture of 2,700,000 unexercised convertible share warrants, transferring Rs. 8,84,25,000/- to the Capital Reserve Account.
What was the Basic Earnings per Equity Share for Garnet International in Q2 FY27?
The Basic Earnings per Equity Share for Garnet International for the quarter ended 30 September 2026 was Rs. 0.10.
What is the total assets of Garnet International as of 30 September 2026?
As of 30 September 2026, Garnet International's total assets stood at Rs. 4,217.69 Lakhs.
Questions based on this BSE filing only. For information purposes.