Ortin Global Q2 FY27 Net Loss Narrows to Rs. -26.86 Lakh; Auditors Changed
RESULTS
▲ Positive Development
MEDIUM RISK
📅 Filed on BSE: 11 Nov 2026, 08:19 PM IST · BSE ID: c2f32d1a-d4c4-462c-aa06-68a1464e4415
View Original BSE Filing (PDF)
💡
In Simple Terms
Ortin Global's latest financial results show a reduced loss, and the company has changed its auditors.
🤖 AI Summary
- Ortin Global reported a net loss of Rs. -26.86 Lakh for the quarter ended September 30, 2026 (Q2 FY27).
- Total income for Q2 FY27 was Rs. 3.90 Lakh, an increase from Rs. 1.40 Lakh in Q2 FY26.
- Statutory Auditors M/s. Mathesh & Ramana resigned, citing preoccupation with other professional assignments.
- The Board appointed M/s. S. D. Mehta and Co. as new Statutory Auditors, subject to shareholder approval.
- Basic and diluted EPS for Q2 FY27 was Rs. -0.33, compared to Rs. -0.62 in Q2 FY26.
🔢 Key Numbers - exact figures from BSE filing, not rounded
Net Sales / Income from Operations (Q2 FY27)
3.14 Lakh
124.29
Total Income (Q2 FY27)
3.90 Lakh
178.57
Profit / (Loss) after tax (Q2 FY27)
-26.86 Lakh
46.56
Basic and diluted EPS (Q2 FY27)
-0.33
46.77
Total Income (H1 FY27)
5.50 Lakh
-42.04
Profit / (Loss) after tax (H1 FY27)
-60.65 Lakh
10.42
🏢 How This Affects the Company
The narrowing of the net loss to Rs. -26.86 Lakh from Rs. -50.25 Lakh year-on-year indicates an improvement in cost management or revenue generation during the quarter.
The change in statutory auditors from M/s. Mathesh & Ramana to M/s. S. D. Mehta and Co. will involve a transition in audit procedures and oversight functions.
The resignation of statutory auditors due to preoccupation with other professional assignments is noted, with a new firm appointed to fill the casual vacancy, subject to member approval.
👥 What This Means For Shareholders
✅
Action Required
No immediate action is required by shareholders based on this financial results filing. The appointment of new statutory auditors is subject to shareholder approval at a general meeting.
👤
Who Is Affected
All shareholders are affected by the company's financial performance, specifically the reported net loss of Rs. -26.86 Lakh for Q2 FY27. The change in auditors impacts governance structure.
🔍
Management Signal
The Board's decision to approve the resignation of the previous auditors and appoint a new firm, M/s. S. D. Mehta and Co., signals an ongoing commitment to statutory compliance and audit oversight.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List - track these upcoming events
Shareholder General Meeting — Monitor for approval of the new Statutory Auditors.
Q3 FY27 financial results — Check for continued narrowing of losses and revenue trends.
Auditor's Limited Review Report — Review comments from the new auditor for H1 FY27.
MEDIUM RISK
The company continues to report net losses, and there is a transition of statutory auditors.
💡 Investor Takeaway
Ortin Global Limited's Q2 FY27 financial results show a net loss of Rs. -26.86 Lakh, an improvement from Rs. -50.25 Lakh in Q2 FY26. Total income increased to Rs. 3.90 Lakh. The company also announced a change in its statutory auditors.
⚖️ Strengths & Concerns
✅ Positives
- Net loss for Q2 FY27 narrowed to Rs. -26.86 Lakh, a reduction from Rs. -50.25 Lakh in the corresponding Q2 FY26.
- Total Income for Q2 FY27 increased to Rs. 3.90 Lakh from Rs. 1.40 Lakh in Q2 FY26, indicating revenue growth.
⚠️ Concerns
- The company continues to report a net loss of Rs. -26.86 Lakh for Q2 FY27 and a year-to-date loss of Rs. -60.65 Lakh for H1 FY27.
- Other Expenditure remains high at Rs. 23.60 Lakh for Q2 FY27 and Rs. 53.57 Lakh for H1 FY27, impacting overall profitability.
📅 Company Track Record
Ortin Global Limited's Q2 FY27 net loss narrowed to Rs. -26.86 Lakh, an improvement from a net loss of Rs. -50.25 Lakh in Q2 FY26. The previous Q1 FY27 results also reported a net loss of Rs. -33.79 Lakh. The company has a history of reporting net losses, with a full FY26 loss of Rs. -74.04 Lakh.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What was Ortin Global's net loss in Q2 FY27?
Ortin Global Limited reported a net loss of Rs. -26.86 Lakh for the quarter ended September 30, 2026 (Q2 FY27).
What was Ortin Global's total income for Q2 FY27?
The total income for Ortin Global Limited in Q2 FY27 was Rs. 3.90 Lakh, up from Rs. 1.40 Lakh in the corresponding Q2 FY26.
Which firm was appointed as the new Statutory Auditor for Ortin Global?
M/s. S. D. Mehta and Co., Chartered Accountants, were appointed as the new Statutory Auditors for Ortin Global Limited, subject to shareholder approval.
What was Ortin Global's EPS in Q2 FY27?
Ortin Global Limited's Basic and Diluted EPS for Q2 FY27 was Rs. -0.33.
Questions based on this BSE filing only. For information purposes.