Starsource Multitrade (506365) Q2 26/27 earnings summary

Executive summary

• Board approved unaudited standalone results for the quarter ended September 30, 2026, and the half-year balance sheet and cash flow statement.

• Q2 net loss was ₹622.27 thousand; the limited review included a qualified conclusion related to GST compliance records.

Financial highlights

• Q2 loss before tax and net loss were each ₹622.27 thousand, versus profit of ₹209.84 thousand in Q1 and ₹980.14 thousand in Q2 FY25.

• H1 net loss was ₹412.43 thousand, compared with a ₹117,070.51 thousand loss in H1 FY25; FY26 net loss was ₹118,549.73 thousand.

• As at September 30, 2026, total assets were ₹18,267.34 thousand and total equity was ₹12,484.07 thousand.

• H1 operating cash flow was negative ₹63.18 thousand; cash and cash equivalents at period-end were ₹57.01 thousand.

Key financial ratios and metrics

• Q2 basic and diluted EPS were both negative ₹0.41; H1 EPS was negative ₹0.03, versus negative ₹78.05 in H1 FY25.