Ortin Global Q2 FY27 Net Loss narrows to Rs. -26.86 Lakh; Auditors Resign
RESULTS
▼ Concern Flagged
MEDIUM RISK
📅 Filed on BSE: 11 Nov 2026, 08:25 PM IST · BSE ID: 64ee1087-53b7-4030-822a-fb0755c99b1a
View Original BSE Filing (PDF)
💡
In Simple Terms
The company reported a net loss of Rs. -26.86 Lakh for the quarter and changed its independent financial auditors.
🤖 AI Summary
- Ortin Global reported a net loss after tax of Rs. -26.86 Lakh for the quarter ended September 30, 2026 (Q2 FY27).
- Net Sales/Income from Operations for Q2 FY27 stood at Rs. 3.14 Lakh, increasing from Rs. 1.40 Lakh in Q2 FY26.
- Statutory Auditors M/s. Mathesh & Ramana resigned effective November 12, 2026, citing preoccupation with other professional assignments.
- M/s. S. D. Mehta and Co. were appointed as the new Statutory Auditors, subject to shareholder approval at a general meeting.
- For the half-year ended September 30, 2026 (H1 FY27), the company recorded a net loss after tax of Rs. -60.65 Lakh.
🔢 Key Numbers - exact figures from BSE filing, not rounded
Net Sales / Income from Operations (Q2 FY27)
3.14 Rupees In Lakhs
124.29
Total Income (Q2 FY27)
3.90 Rupees In Lakhs
178.57
Profit / (Loss) after tax (Q2 FY27)
-26.86 Rupees In Lakhs
Profit / (Loss) after tax (H1 FY27)
-60.65 Rupees In Lakhs
Basic and diluted EPS (Q2 FY27)
-0.33
🏢 How This Affects the Company
The company's net loss decreased to Rs. -26.86 Lakh in Q2 FY27 from Rs. -50.25 Lakh in Q2 FY26. Total income increased to Rs. 3.90 Lakh in Q2 FY27 from Rs. 1.40 Lakh in Q2 FY26.
The change in Statutory Auditors, while addressing a casual vacancy, introduces a transition period for financial oversight. The continuity of audits will be with a new firm, M/s. S. D. Mehta and Co., subject to shareholder approval.
👥 What This Means For Shareholders
✅
Action Required
Shareholders are not required to take immediate action based on this filing, but may need to approve the new auditor appointment at a future general meeting.
👤
Who Is Affected
All shareholders are affected by the company's financial performance, as reported by the Q2 FY27 net loss of Rs. -26.86 Lakh, and by the change in statutory auditors.
🔍
Management Signal
The Board's decision to approve financial results and appoint new auditors signals continuity in corporate governance and adherence to compliance requirements despite the auditor resignation.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List - track these upcoming events
Shareholder approval for the appointment of M/s. S. D. Mehta and Co. as Statutory Auditors.
Q3 FY27 financial results to assess ongoing profitability and cost management.
Any further disclosures regarding the company's operational strategies to address losses.
MEDIUM RISK
Ongoing net losses and the resignation of statutory auditors highlight financial and governance considerations.
💡 Investor Takeaway
Ortin Global Ltd reported a net loss after tax of Rs. -26.86 Lakh for Q2 FY27, a decrease from Rs. -50.25 Lakh in Q2 FY26. Net Sales from Operations rose to Rs. 3.14 Lakh. The company also announced the resignation of its statutory auditors and the appointment of M/s. S. D. Mehta and Co., pending shareholder approval.
⚖️ Strengths & Concerns
✅ Positives
- Net Sales / Income from Operations significantly increased to Rs. 3.14 Lakh in Q2 FY27 from Rs. 1.40 Lakh in Q2 FY26.
- Loss after tax for Q2 FY27 narrowed to Rs. -26.86 Lakh compared to Rs. -50.25 Lakh in the corresponding Q2 FY26.
⚠️ Concerns
- The company continues to report losses, with a net loss after tax of Rs. -26.86 Lakh for Q2 FY27 and Rs. -60.65 Lakh for H1 FY27.
- Other Expenditure remains a significant cost at Rs. 23.60 Lakh in Q2 FY27, impacting overall profitability.
📅 Company Track Record
The Board of Directors of Ortin Global Ltd had previously intimated a meeting on November 11, 2026, specifically to approve Q2 FY27 financial results, which aligns with this current filing.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What was Ortin Global Ltd's net loss in Q2 FY27?
Ortin Global Ltd reported a net loss after tax of Rs. -26.86 Lakh for the quarter ended September 30, 2026 (Q2 FY27).
What was Ortin Global Ltd's Net Sales from Operations in Q2 FY27?
Net Sales / Income from Operations for Ortin Global Ltd in Q2 FY27 stood at Rs. 3.14 Lakh, an increase from Rs. 1.40 Lakh in Q2 FY26.
Why did Ortin Global Ltd's Statutory Auditors resign?
M/s. Mathesh & Ramana resigned as Statutory Auditors of Ortin Global Ltd due to preoccupation with other professional assignments, effective November 12, 2026.
Who are the new Statutory Auditors for Ortin Global Ltd?
M/s. S. D. Mehta and Co., Chartered Accountants, have been appointed as the new Statutory Auditors for Ortin Global Ltd, subject to shareholder approval.
Questions based on this BSE filing only. For information purposes.