Newtrac Foods & Beverages Limited reported a standalone net profit of ₹71.14 lakh for the quarter ended September 30, 2026 (Q2FY27), marking a significant improvement from the ₹8.30 lakh recorded in the previous quarter.

The company’s revenue from operations stood at ₹631.57 lakh in Q2FY27, compared to ₹2,200.01 lakh in Q1FY27 and ₹1,337.20 lakh in the corresponding half-year period of FY26. The Board of Directors approved these unaudited financial results in a meeting held on October 12, 2026, alongside the limited review report issued by statutory auditors Sarang Shivajirao Chavan and Associates.

Financial Performance Snapshot

The following table summarizes the key financial metrics for the quarter and half-year ended September 30, 2026:

Balance Sheet Position

As of September 30, 2026, the company’s total assets stood at ₹1,326.26 lakh, a decrease from ₹1,834.66 lakh as of March 31, 2026. Equity capital remained unchanged at ₹1,920.00 lakh, while other equity improved to negative ₹1,359.31 lakh from negative ₹1,438.75 lakh in the previous fiscal year-end.

Current liabilities reduced significantly to ₹765.65 lakh from ₹1,353.41 lakh in March 2026. Borrowings declined to ₹78.22 lakh from ₹170.68 lakh, and trade payables dropped sharply to ₹6.41 lakh from ₹252.04 lakh. Cash and cash equivalents increased marginally to ₹4.17 lakh from ₹0.58 lakh.

What the Numbers Show

A notable divergence exists between quarterly revenue trends and profitability. While Q2FY27 revenue of ₹631.57 lakh is substantially lower than Q1FY27’s ₹2,200.01 lakh, the net profit surged to ₹71.14 lakh from ₹8.30 lakh. This indicates that despite lower top-line figures, cost management or margin efficiency improved considerably in the second quarter. Additionally, the reduction in trade payables from ₹252.04 lakh to ₹6.41 lakh suggests a significant settlement of supplier dues during the half-year, which impacted working capital dynamics but may have contributed to cleaner balance sheet metrics.

Auditor Observations

The statutory auditors issued an unmodified opinion but included an Emphasis of Matter regarding non-compliance with certain statutory requirements under the Income-tax Act, 1961, specifically relating to timely deposit and filing of TDS statements. The auditors noted that interest, penalties, and other liabilities arising from this non-compliance have not been ascertained or provided for in the books of accounts. Furthermore, certain documents pertaining to the year were not available for verification, though management represented that transactions were duly recorded.

Newtrac Foods & Beverages Limited passed all five resolutions at its 39th Annual General Meeting held on September 24, 2026, with a 99.99% majority in favour. The company submitted the consolidated scrutinizer report to stock exchanges on September 25, 2026.

The meeting was conducted via two-way Video Conferencing in compliance with MCA and SEBI circulars. NSDL provided the e-voting facility, and Mr. Mahendra Kumar Jagdeesh Patel presided as Executive Director. A total of 99 members attended the virtual session, which concluded at 3:11 pm IST.

Voting results and compliance

Remote e-voting commenced on September 21, 2026, and closed on September 23, 2026. Members present during the virtual meeting had a 15-minute window to cast votes electronically if they had not voted remotely earlier. Mr. Ramesh Chandra Bagdi, Practicing Company Secretary, served as the Scrutinizer.

The scrutinizer report confirms that all ordinary and special business items outlined in the meeting notice were approved. No members voted against the resolutions through the e-voting system provided by NSDL during the AGM itself; however, remote e-voting data showed minimal dissent.

Resolutions passed

The shareholders considered financial adoption, board continuity, and statutory appointments. The specific outcomes are detailed below:

What the numbers show

The voting data reveals a high concentration of promoter participation relative to public shareholders. Promoters voted 3,508,645 shares, representing 98.77% of their holding, while public non-institutional investors voted only 647,802 shares out of 15,584,935 held, a participation rate of 4.15%. Across all resolutions, the total votes polled amounted to 4,156,447, which is 21.65% of the total outstanding shares of 19,200,000. Despite the low public turnout, the overwhelming support from promoters ensured a 99.99% favourable vote share, with only 7 votes cast against across all items.