Pacific Industries Q2 FY27 Results: Board Approves Un-Audited Standalone and Consolidated Financials
RESULTS
◆ Monitor Closely
MEDIUM RISK
📅 Filed on BSE: 05 Nov 2026, 07:39 PM IST · BSE ID: 8e79b3b5-3530-41e4-8d09-3fe38064f9d3
View Original BSE Filing (PDF)
💡
In Simple Terms
Pacific Industries' board released its financial results for the quarter and half-year ending September 2026.
🤖 AI Summary
- Pacific Industries Board approved Un-Audited Standalone and Consolidated Financial Results for Q2 FY27 and half year ended 30th September 2026.
- The financial results were prepared in accordance with Indian Accounting Standards (Ind AS) under Section 133 of the Companies Act, 2013.
- The company operates in a single business segment, so no separate segment disclosures are required under Ind AS 108.
- Review report on standalone financials noted no material misstatement based on the review conducted.
- Review report on consolidated financials noted auditors did not review two Indian and one US wholly-owned subsidiaries with Rs 454.48 Lacs Q2 FY27 revenue.
🔢 Key Numbers - exact figures from BSE filing, not rounded
Consolidated Subsidiary Revenue (Q2 FY27)
Rs 454.48 Lacs
Consolidated Subsidiary Revenue (Half-year FY27)
Rs 530.56 Lacs
🏢 How This Affects the Company
The disclosure confirms Pacific Industries continues to operate as a single business segment, implying no diversification in reportable segments as per Ind AS 108.
Ongoing tax demand appeal before CIT (Appeals)/ITAT, stemming from a February 2023 Income Tax search, represents an unresolved financial and regulatory risk.
👥 What This Means For Shareholders
✅
Action Required
No immediate action is required from shareholders based on this filing.
👤
Who Is Affected
All shareholders are affected by the company's financial disclosures and ongoing legal matters, such as the Income Tax appeal.
🔍
Management Signal
Management is adhering to regulatory requirements by disclosing financial results and providing updates on legal proceedings, such as the pending Income Tax appeal.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List - track these upcoming events
Release of full Q2 FY27 financial statements — evaluate detailed performance metrics.
Outcome of Income Tax appeals — understand final financial implications.
Future segment reporting — monitor for any changes in business diversification.
MEDIUM RISK
Unresolved tax appeals and primary auditor not reviewing all subsidiary financials indicate potential financial and regulatory uncertainties.
💡 Investor Takeaway
Pacific Industries Limited has approved its Un-Audited Standalone and Consolidated Financial Results for Q2 FY27 (quarter and half year ended 30th September 2026). An Income Tax appeal concerning demands raised after a February 2023 search remains pending before ITAT/CIT (Appeals).
⚖️ Strengths & Concerns
⚠️ Concerns
- The consolidated financial results review report indicates that financial information for two Indian and one US subsidiary (total revenue Rs 454.48 Lacs for Q2 FY27) was not reviewed by the primary auditor.
- An unresolved Income Tax search and survey, with appeals pending before ITAT/CIT (Appeals) against raised demands, continues to be an outstanding legal matter.
📅 Company Track Record
No previous filings containing specific financial or operational data for Pacific Industries Limited were found in the available context.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What financial results did Pacific Industries Limited approve in November 2026?
Pacific Industries Limited's Board approved Un-Audited Standalone and Consolidated Financial Results for the quarter and half year ended 30th September 2026.
What is the status of the Income Tax matter for Pacific Industries Limited?
An Income Tax Search & Survey was conducted in February 2023, and the company has filed an appeal before ITAT/CIT (Appeals) against the demands raised, which is currently pending.
Did the primary auditor review all subsidiaries for Pacific Industries Limited's consolidated results for Q2 FY27?
No, the primary auditor did not review interim financial results of two Indian and one US wholly-owned subsidiaries, which contributed Rs 454.48 Lacs to total revenue for Q2 FY27 and Rs 530.56 Lacs for the half year ended 30th September 2026.
What accounting standards were used for Pacific Industries Limited's Q2 FY27 financial results?
The Un-Audited Standalone Financial results were prepared in accordance with Indian Accounting Standards (Ind AS) as prescribed under Section 133 of the Companies Act, 2013.
Questions based on this BSE filing only. For information purposes.