Palash Securities Limited Releases Unaudited Financial Results and Segment Performance for Q2 FY26

Palash Securities Limited Releases Unaudited Financial Results and Segment Performance for Q2 FY26​

Palash Securities Limited has released the Unaudited Financial Results (Standalone and Consolidated) for the quarter ended June 30, 2026, alongside corresponding Limited Review Reports. The Board of Directors approved these results on August 14, 2026.

The company reported financial metrics across its operations, which include both an Investing Business and a Food Processing business segment.

Standalone Financial Performance​

For the quarter ended June 30, 2026, the standalone performance saw Total Income stand at 12.45 (in lakhs), against Total Expenses of 16.51 (in lakhs). This resulted in a Net Profit/Loss after tax of (5.47) (in lakhs). The company's paid-up equity share capital stood at 1,000.31 (in lakhs).

The standalone results highlight the following comparative figures:

Consolidated and Segment Results​

Consolidated results for the quarter ended June 30, 2026 showed Total Revenue from Operations at 17 (in lakhs). The Group reported a total income of 39.87 (in lakhs), with total expenses recorded at 24.28 (in lakhs). The net profit/loss after tax attributable to the Owner of the Company was (146.54) (in lakhs).

Regarding segment operations for the quarter, the Food Processing Business reported a Total Revenue from Operations of 134,358 (in lakhs), which contributed significantly to the Group's overall revenue of 492,385 (in lakhs). The Investing Business generated a Segment Profit/Loss before finance costs and tax of (142.71) (in lakhs).

A review of segment assets for the Investing Business as of June 30, 2026 indicated total segment assets at 56,861.12 (in lakhs), against a total segment liability of 4,102.58 (in lakhs).

Corporate Structure and Associate Status​

The consolidated results include the performance of the Holding Company and four subsidiaries: Champaran Marketing Company Limited, Hargaon Investment & Trading Company Limited, Hargaon Properties Limited, and OSM Investment & Trading Company Limited. The Group also includes an Associate, Morton Foods Limited (MFL).

The company reported that MFL was previously a subsidiary but ceased to be a subsidiary of the Holding Company from November 18, 2025, following a rights issue by one of its subsidiaries in which the Holding Company did not participate. The loss of control resulted in a net gain of 2,413.64 (in lakhs) recognized under 'Other Income' in the consolidated results for the previous year ended March 31, 2026. MFL is now accounted for as an Associate with a remaining equity interest of 4.95%.

Review Report Highlights​

The independent auditors reviewed the Unaudited Consolidated Financial Results, prepared in accordance with Indian Accounting Standard 34 ("Interim Financial Reporting").

In relation to the associated company, Morton Foods Limited (MFL), the review report noted that MFL incurred a net loss of Rs. 352.66 lakhs during the quarter ended June 30, 2026, and its net worth has been substantially eroded. However, the financial results for the associate were prepared on a going concern basis due to the positive outlook of Management regarding growth potential.

PALASHSECU Stock Price Movement​

On Friday, shares of Palash Securities Limited edged higher to close at ₹90.8 after gaining 0.73% over the trading session. The stock traded a total of 984 shares during the historical period.