PB Global Q2 FY27: Standalone Loss of (INR 52.85 Lakhs), Auditor Raises Concerns
RESULTS
▼ Concern Flagged
HIGH RISK
📅 Filed on BSE: 14 Nov 2026, 05:58 PM IST · BSE ID: 74b76c4a-39a8-42ce-8afa-dc239a36252c
View Original BSE Filing (PDF)
💡
In Simple Terms
The company reported a standalone loss of INR 52.85 Lakhs, and its auditors found several accounting issues.
🤖 AI Summary
- PB Global Ltd's Board approved Unaudited Standalone & Consolidated Financial Results for Q2 FY27.
- Standalone net loss for Q2 FY27 was (INR 52.85 Lakhs); half-year net loss was (INR 150.99 Lakhs).
- Standalone total revenue from operations for Q2 FY27 stood at INR 296.88 Lakhs.
- Auditors highlighted issues with GST entries, unverified balance confirmations, and bank/loan statements.
- Consolidated auditor report noted discrepancies between GSTR-3B returns and sales in books.
🔢 Key Numbers - exact figures from BSE filing, not rounded
Standalone Revenue from Operations (Q2 FY27)
296.88 Lakhs
Standalone Profit/(Loss) after Tax (Q2 FY27)
(52.85) Lakhs
Standalone Profit/(Loss) after Tax (Half Year Ended 30-09-2026)
(150.99) Lakhs
Standalone Total Assets (As at 30th September 2026)
21,162.02 Lakhs
🏢 How This Affects the Company
The reported standalone net loss of (INR 52.85 Lakhs) for Q2 FY27 indicates continued negative profitability, which impacts retained earnings. The auditor's observations regarding unverified balances and sales discrepancies introduce uncertainty regarding the accuracy of financial reporting.
The auditor's 'Other Matter' section, detailing issues like unverified GST entries, lack of balance confirmations, and unreconciled sales data, elevates financial reporting risk. These observations suggest potential weaknesses in internal controls and financial transparency.
👥 What This Means For Shareholders
✅
Action Required
Shareholders are not required to take any immediate action based on this filing.
👤
Who Is Affected
All shareholders are affected by the company's financial performance, with the Q2 FY27 standalone net loss of (INR 52.85 Lakhs) and the auditor's observations regarding accounting practices.
🔍
Management Signal
The filing indicates management's approval of the unaudited financial results and review report, but also highlights unresolved issues in financial reporting as flagged by the auditors.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List - track these upcoming events
Q3 FY27 financial results — check for improvements in profitability and auditor comments.
Clarifications from management regarding auditor's 'Other Matter' observations.
Next annual report — review detailed disclosures on financial practices and controls.
HIGH RISK
Auditor's 'Other Matter' section indicates significant concerns with accounting and financial data verification.
💡 Investor Takeaway
PB Global reported a standalone net loss of (INR 52.85 Lakhs) for Q2 FY27 and a half-year net loss of (INR 150.99 Lakhs). Auditors raised concerns about GST accounting, unverified party/branch balances, unprovided loan/bank statements, and discrepancies in consolidated sales reporting.
⚖️ Strengths & Concerns
⚠️ Concerns
- PB Global reported a standalone net loss of (INR 52.85 Lakhs) for Q2 FY27, indicating continued unprofitability.
- Auditors noted unverified GST entries, lack of party/branch balance confirmations, and unprovided bank/loan statements for review.
📅 Company Track Record
PB Global Ltd recorded a net profit of INR 47.77 Lakhs for FY26, despite a Q4 FY26 net loss of (INR 625.36 Lakhs). This Q2 FY27 standalone loss of (INR 52.85 Lakhs) continues a pattern of quarterly losses seen in Q4 FY26.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What were PB Global's standalone financial results for Q2 FY27?
PB Global Ltd reported a standalone net loss of (INR 52.85) Lakhs for the quarter ended 30 September 2026 (Q2 FY27). Total revenue from operations was INR 296.88 Lakhs.
What concerns did auditors raise regarding PB Global's standalone financial results?
Auditors noted GST accounting entries may not be appropriate, lacked party/branch balance confirmations, and did not receive loan account statements or bank statements (except Yes Bank Ltd) for verification.
What was PB Global's standalone net profit/loss for the half year ended 30 September 2026?
For the half year ended 30 September 2026, PB Global Ltd reported a standalone net loss after tax of (INR 150.99) Lakhs.
What additional concerns did auditors have for PB Global's consolidated financial results?
For consolidated results, auditors noted the absence of party/branch balance confirmations and loan/bank statements. They also observed discrepancies between GSTR-3B returns and sales recorded in books, without satisfactory reconciliation.
Questions based on this BSE filing only. For information purposes.