Innova Captab Releases Quarterly Financial Results, Approves Materiality Policy; Notifies Prior Year Statement Revision
Innova Captab Limited released its unaudited financial results for the quarter ended June 30, 2026, both standalone and consolidated. The company's Board of Directors approved these results during a meeting held on August 11, 2026, and also adopted an amendment to its Policy for Determination of Materiality of Events or Information.The management confirmed that the company is currently addressing inadvertent errors identified in the financial statements for the fiscal year ended March 31, 2026, noting that these matters do not have any material impact on the Q ending June 30, 2026 results.
Financial Performance Overview (in million)
The unaudited consolidated financial results show the company's income and expenses across the last few quarters and the corresponding full year ending March 31, 2026.| Particulars | Quarter ended June 30, 2026 (Unaudited) | Quarter ended March 31, 2026 | Quarter ended June 30, 2025 | Year ended March 31, 2026 (Audited) |
|---|---|---|---|---|
| INCOME | ||||
| Revenue from operations | 4,708.52 | 4,478.02 | 3,515.42 | 16,300.18 |
| Other income | 20.07 | 15.63 | 44.83 | 74.20 |
| Total Income | 4,728.59 | 4,493.65 | 3,560.25 | 16,374.38 |
| EXPENSES | ||||
| Cost of materials consumed | 3,079.81 | 2,612.37 | 2,294.44 | 10,054.63 |
| Purchases of stock-in-trade | 123.95 | 325.82 | 50.47 | 583.33 |
| Changes in inventories (net) | (164.92) | 28.37 | (137.53) | (110.02) |
| Employee benefits expense | 447.87 | 426.15 | 390.90 | 1,672.04 |
| Finance costs | 44.29 | 45.93 | 28.60 | 168.98 |
| Depreciation and amortisation expense | 117.11 | 113.88 | 110.45 | 451.79 |
| Other expenses | 490.63 | 434.38 | 396.15 | 1,670.99 |
| Total Expenses | 4,138.74 | 3,986.90 | 3,133.48 | 14,491.74 |
| Profit Before Tax | 589.85 | 506.75 | 426.77 | 1,882.64 |
| Total tax expense | 148.59 | 125.92 | 116.62 | 473.47 |
| Profit for the Period | 441.26 | 380.83 | 310.15 | 1,409.17 |
| Total comprehensive income | 442.95 | 383.27 | 310.19 | 1,413.23 |
Standalone Financial Results
The unaudited standalone financial results for the quarter ended June 30, 2026, are as follows:| Particulars | Quarter ended June 30, 2026 (Unaudited) | Quarter ended March 31, 2026 | Quarter ended June 30, 2025 | Year ended March 31, 2026 (Audited) |
|---|---|---|---|---|
| INCOME | ||||
| Revenue from operations | 4,004.76 | 3,582.77 | 2,869.79 | 12,988.14 |
| Other income | 27.02 | 26.80 | 43.15 | 132.43 |
| Total Income | 4,031.78 | 3,609.57 | 2,912.94 | 13,120.57 |
| EXPENSES | ||||
| Cost of materials consumed | 2,803.66 | 2,363.25 | 2,034.64 | 9,013.73 |
| Purchases of stock-in-trade | 65.00 | 275.10 | 12.82 | 378.43 |
| Changes in inventories (net) | (7.53) | 2.92 | (10.82) | (22.78) |
| Employee benefits expense | 303.45 | 281.95 | 253.45 | 1,110.90 |
| Finance costs | 40.33 | 39.81 | 27.68 | 154.21 |
| Depreciation and amortisation expense | 96.84 | 94.03 | 90.76 | 373.67 |
| Other expenses | 299.69 | 273.16 | 231.49 | 994.19 |
| Total Expenses | 3,601.44 | 3,330.22 | 2,640.02 | 12,002.35 |
| Profit Before Tax | 430.34 | 279.35 | 272.92 | 1,118.22 |
Corporate Governance and Operational Updates
The Board meeting on August 11, 2026, included the adoption of an amendment to Innova Captab Limited's Policy for Determination of Materiality of Events or Information, aligning the policy with recent amendments in relevant regulations.Regarding prior financial statements, the company identified inadvertent errors in both its standalone and consolidated financial statements for the year ended March 31, 2026. The company is currently undertaking necessary corrections to these documents before their adoption at the ensuing annual general meeting. Management confirmed that these revisions do not have any material impact on the results presented for the quarter ending June 30, 2026.
The board meeting commenced at 16:07 IST and concluded at 16:47 IST.
External Review Opinion
Both sets of unaudited financial statements—consolidated and standalone—were reviewed by Chartered Accountants B S R & Co. LLP. The firm reported that based on their review, nothing came to their attention that suggests the respective Statement contains a material misstatement or has failed to disclose required information, as prepared in accordance with Indian Accounting Standard 34 (Interim Financial Reporting).INNOVACAP Stock Price Movement
Today, Innova Captab Limited shares surged to settle at ₹1018.90 after closing higher by 6.51% in a buoyant post-market session. The stock achieved strong momentum and traded 167,241 shares as it approached its 52-week high mark.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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