Tarapur Transformers Q2 FY27 Results: Net Profit of Rs. 55.44 Lacs
RESULTS
▼ Concern Flagged
HIGH RISK
📅 Filed on BSE: 06 Nov 2026, 01:33 PM IST · BSE ID: 9124614d-6ad2-4b9e-a1bc-7e3f4ebf5741
View Original BSE Filing (PDF)
💡
In Simple Terms
The company reported a profit for the quarter, but auditors flagged several issues with its accounting practices and financial health.
🤖 AI Summary
- Tarapur Transformers reported a Net Profit of Rs. 55.44 Lacs for the quarter ended September 30, 2026 (Q2 FY27).
- Total Income from Operations for Q2 FY27 stood at Rs. 145.36 Lacs.
- For the half year ended September 30, 2026, the company recorded a Net Profit of Rs. 10.98 Lacs.
- The Limited Review Report included seven qualifications, addressing issues like non-receipt of balance confirmations and non-compliance with Ind AS 116.
- The review also noted non-provision of interest amounting to Rs. 24.37 Lacs for the current period.
🔢 Key Numbers - exact figures from BSE filing, not rounded
Net Profit/(Loss) for Q2 FY27
55.44 Lacs
Not comparable — limited prior period data.
Total Income for Q2 FY27
145.36 Lacs
Not comparable — limited prior period data.
Net Profit/(Loss) for Half Year FY27
10.98 Lacs
Not comparable — limited prior period data.
Total Income for Half Year FY27
163.65 Lacs
Not comparable — limited prior period data.
Net Worth (Share Capital + Reserves + Securities Premium)
-17523 Lacs
🏢 How This Affects the Company
The company's primary income source for the quarter was other income, not gross sales, indicating a continued lack of core operational revenue generating activities.
The Net Profit of Rs. 55.44 Lacs for the quarter is impacted by non-provisioned interest and other accounting discrepancies, suggesting a potentially understated loss and overstatement of reserves. The negative net worth of Rs. -17523 Lacs raises going concern issues.
The audit qualifications, particularly regarding non-receipt of balance confirmations, non-compliance with Ind AS 116, breach of Section 186 limits, and non-provision of interest, indicate significant financial reporting and compliance risks. The material uncertainty regarding going concern principles further increases financial risk.
👥 What This Means For Shareholders
✅
Action Required
Shareholders should review the Unaudited Financial Results and the Limited Review Report to understand the audit qualifications and their potential financial implications.
👤
Who Is Affected
All shareholders are affected by the audit qualifications, particularly those concerning negative net worth of Rs. -17523 Lacs and the material uncertainty regarding the company's going concern status.
🔍
Management Signal
The Board's approval of results with multiple audit qualifications signals management's acceptance of the reported financial position and practices, despite identified deficiencies.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List - track these upcoming events
Q3 FY27 financial results — check resolution of audit qualifications
Updates on balance confirmations — monitor if outstanding balances are reconciled
Status of Ind AS 116 compliance — observe accounting treatment of leases
HIGH RISK
Multiple audit qualifications, negative net worth, and a stated going concern material uncertainty present significant financial and operational risks.
💡 Investor Takeaway
Tarapur Transformers reported Q2 FY27 Net Profit of Rs. 55.44 Lacs, with Total Income at Rs. 145.36 Lacs. The Limited Review Report included seven qualifications, highlighting issues such as non-receipt of balance confirmations, non-compliance with Ind AS 116, and non-provision of interest of Rs. 24.37 Lacs for the quarter.
⚖️ Strengths & Concerns
✅ Positives
- The company reported a Net Profit of Rs. 55.44 Lacs for Q2 FY27, a shift from previous losses.
- Other Income for Q2 FY27 increased to Rs. 145.36 Lacs, compared to Rs. 7.52 Lacs in Q2 FY26.
⚠️ Concerns
- The company's net worth is negative Rs. -17523 Lacs, raising concerns about its ability to continue as a going concern.
- Auditors identified non-provision of interest amounting to Rs. 24.37 Lacs for the quarter, understating the loss.
📅 Company Track Record
Tarapur Transformers Ltd. had a board meeting scheduled on November 03, 2026, to approve the Q2 FY27 unaudited results. The company reported a Net Loss of Rs. -184.65 Lacs for the year ended March 31, 2026.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What was Tarapur Transformers Ltd.'s Net Profit for Q2 FY27?
Tarapur Transformers Ltd. reported a Net Profit of Rs. 55.44 Lacs for the quarter ended September 30, 2026 (Q2 FY27).
What was the Total Income for Tarapur Transformers Ltd. in Q2 FY27?
The Total Income from Operations for Tarapur Transformers Ltd. in Q2 FY27 was Rs. 145.36 Lacs.
What significant issues were highlighted in the Limited Review Report for Q2 FY27?
The Limited Review Report highlighted issues including non-receipt of balance confirmations, non-compliance with Ind AS 116, breach of Section 186 limits, and non-provision of interest amounting to Rs. 24.37 Lacs for the quarter.
What is the net worth position of Tarapur Transformers Ltd. as of September 30, 2026?
As of September 30, 2026, the net worth of Tarapur Transformers Ltd. (Share Capital plus Reserves plus Securities Premium) is negative Rs. -17523 Lacs.
Questions based on this BSE filing only. For information purposes.