Solitaire Machine Tools Ltd Announces Q2 Unaudited Financial Results for Quarter Ended June 30, 2026
Solitaire Machine Tools Limited has announced its unaudited financial results for the quarter ending June 30, 2026. The results were reviewed and approved by the company's Board of Directors on August 4, 2026, and carry a limited review report from Statutory Auditors.The company operates under a single business segment defined as the manufacturer and remanufacturer of centreless grinding machines and their spare parts, which is the focus area for resource allocation and performance assessment according to Ind AS 108 "Operating Segment."
Financial Performance Overview
The financial results provide a comparison across various periods, including the quarter ended June 30, 2026 (Unaudited), the first quarter of the current fiscal year ended March 31, 2026 (Audited), the quarter ended June 30, 2025 (Unaudited), and the full financial year ended March 31, 2026 (Audited).The following table details the key income statements for Solitaire Machine Tools Ltd in Rupees (Rs.) Lakhs.
| Particulars | Quarter Ended June 30, 2026 (Unaudited) | Quarter Ended March 31, 2026 (Audited) | Quarter Ended June 30, 2025 (Unaudited) | Year Ended March 31, 2026 (Audited) |
|---|---|---|---|---|
| Income | ||||
| Revenue from Operations | 384.23 | 838.59 | 208.39 | 1,906.56 |
| Other Income | 12.91 | 4.32 | 11.37 | 9.00 |
| Total Income (I+II) | 397.14 | 842.91 | 219.75 | 1,915.56 |
| Expenses | ||||
| Cost of materials consumed | 455.78 | 371.18 | 200.37 | 938.84 |
| Changes in Inventories of finished goods and work-in-progress | (342.35) | 104.69 | (193.97) | (92.26) |
| Employee benefits expense | 116.52 | 102.49 | 103.74 | 421.65 |
| Finance Costs | 7.77 | 8.25 | 0.02 | 8.31 |
| Depreciation and amortization expenses | 24.58 | 25.95 | 14.20 | 68.64 |
| Other Expenses | 102.33 | 128.02 | 91.14 | 378.50 |
| Total Expenses | 364.62 | 740.57 | 215.51 | 1,723.67 |
| Profit before tax for the period (III-IV) | 32.52 | 102.33 | 4.25 | 191.89 |
Tax and Comprehensive Income Details
Tax expenses during the quarter included Current Tax, Taxation pertaining to earlier years, and Deferred Tax. The company recorded a profit for the period of 25.97 (Rs. Lakhs).The comprehensive income details are as follows:
| Metric | Quarter Ended June 30, 2026 (Unaudited) |
|---|---|
| Profit for the period | 25.97 |
| Total Comprehensive Income for the period | 27.47 |
| Basic Earning per equity share (Rs.) | 0.57 |
| Diluted Earning per equity share (Rs.) | 0.57 |
The unaudited financial results were prepared in accordance with Indian Accounting Standard (Ind AS) 34 "Interim Financial Reporting" and are consistent with the requirements of Section 133 of the Companies Act, 2013.
Stock Price Movement
As of 12:15, Solitaire Machine Tools Ltd is edging higher, trading at ₹111.10, representing a solid gain of 0.82%. The shares have seen significant intraday volatility, having fluctuated between a low of ₹111.10 and an intraday high of ₹116.00.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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