Centuple Global reports Rs 32.63 lakh first-half loss on nil revenue

Centuple Global Limited reported a Rs 32.63 lakh loss for the half year ended September 30, 2026, compared with a Rs 141.03 lakh profit a year earlier, after recording nil revenue from operations in both the half year and the September quarter. The board approved the unaudited results on November 13, 2026.

Why did Centuple Global report a first-half loss?

Centuple Global reported a first-half loss because it recorded nil revenue from operations while retaining Rs 32.53 lakh of total expenses in the half year ended September 30, 2026. In the corresponding 2025 half, revenue from operations was Rs 120.31 crore and total expenses were Rs 118.42 crore, producing a Rs 188.52 lakh profit before tax.

The absence of reported sales changed the pre-tax result to a Rs 32.53 lakh loss in the latest half year from the Rs 188.52 lakh pre-tax profit a year earlier. Centuple Global also showed no other income for the September 2026 quarter or first half, and the filing does not provide a reason for nil operating revenue or identify affected products, customers or markets.

A Rs 0.10 lakh deferred-tax charge took the first-half pre-tax loss of Rs 32.53 lakh to a loss for the period of Rs 32.63 lakh. In the half year ended September 2025, the company recorded current tax of Rs 47.45 lakh and deferred tax of Rs 0.04 lakh, reducing profit before tax to a Rs 141.03 lakh profit after tax.

How did Centuple Global perform in the September 2026 quarter?

Centuple Global reported a Rs 14.28 lakh loss for the quarter ended September 30, 2026, improving from a Rs 18.34 lakh loss in the June 2026 quarter but reversing a Rs 132.14 lakh profit in the September 2025 quarter. Revenue from operations was nil in both of the reported 2026 quarters.

September-quarter total expenses were Rs 14.19 lakh, compared with Rs 18.34 lakh in the preceding June quarter and Rs 106.80 crore in the September 2025 quarter. The year-earlier quarter included purchases of stock-in-trade of Rs 107.03 crore, while Centuple Global reported no amount under that line item in either current-year quarter.

The September 2026 quarter carried employee benefit expense of Rs 7.36 lakh, other expenses of Rs 6.67 lakh and depreciation and amortisation expense of Rs 0.16 lakh. The company reported basic loss per share of Rs 0.26 and diluted loss per share of Rs 0.06 for the quarter, against basic and diluted earnings per share of Rs 2.42 each a year earlier.

Which expenses remained after Centuple Global's revenue disappeared?

Centuple Global retained Rs 9.72 lakh of employee benefit expense and Rs 19.24 lakh of other expenses during the September 2026 half year, despite nil revenue from operations. Employee benefit expense was lower than Rs 15.08 lakh in the prior-year half, while other expenses declined from Rs 84.76 lakh.

Depreciation and amortisation expense rose to Rs 0.32 lakh in the latest half from Rs 0.01 lakh in the half year ended September 2025. The company also recorded Rs 3.25 lakh of BSE annual fees in the June 2026 quarter, while finance cost was nil for both the September quarter and first half.

The prior-year half included Rs 118.48 crore of purchases of stock-in-trade and a negative inventory-change expense of Rs 1.09 crore. Neither item had a reported amount in the September 2026 half-year results, although inventories remained Rs 1.10 crore at September 30, 2026, unchanged from March 31, 2026.

What changed in Centuple Global's balance sheet?

Centuple Global's total assets fell to Rs 306.99 crore at September 30, 2026 from Rs 342.90 crore at March 31, 2026. Trade receivables declined to Rs 301.05 crore from Rs 337.73 crore, accounting for most of the Rs 35.92 crore reduction in total assets.

Cash and cash equivalents rose to Rs 10.31 lakh at September 30, 2026 from Rs 8.76 lakh at March 31, 2026, while other current assets increased to Rs 4.60 crore from Rs 3.85 crore. Property, plant and equipment decreased to Rs 1.30 lakh from Rs 1.61 lakh over the same period.

Other equity became more negative at Rs 3.73 crore at September 30, 2026, compared with negative Rs 3.40 crore at March 31, 2026, broadly reflecting the Rs 32.63 lakh first-half loss. Equity share capital remained Rs 5.47 crore and share warrants remained Rs 21.16 crore.

Current liabilities decreased to Rs 284.08 crore from Rs 319.67 crore. Trade payables declined to Rs 268.86 crore from Rs 306.55 crore, while borrowings were unchanged at Rs 6.74 crore and other current liabilities increased to Rs 8.49 crore from Rs 5.62 crore.

How did Centuple Global's first-half cash flow compare?

Centuple Global generated Rs 1.55 lakh of net cash from operating activities in the half year ended September 30, 2026, compared with Rs 11.84 lakh in the corresponding 2025 half. The current-period cash inflow followed a Rs 32.53 lakh pre-tax loss, whereas the prior-year period began with a Rs 188.52 lakh pre-tax profit.

Working-capital movements included a Rs 36.68 crore reduction in trade receivables and a Rs 37.68 crore reduction in trade payables during the 2026 half. Other current liabilities increased by Rs 2.87 crore and other current assets increased by Rs 75.38 lakh, resulting in Rs 79.10 lakh of cash inflow from operations before income-tax payments of Rs 77.55 lakh.

The cash-flow statement shows no reported investing or financing cash-flow amount for the September 2026 half. Cash and cash equivalents ended the period at Rs 10.31 lakh, compared with Rs 13.40 lakh at the end of the half year ended September 2025.

Conclusion

Centuple Global's September 2026 results show a reversal in first-half profitability as nil operating revenue replaced Rs 120.31 crore of revenue in the prior-year half. Expenses fell substantially alongside the disappearance of reported sales, but employee costs, other expenses, listing fees and depreciation still resulted in a Rs 32.63 lakh loss.

The filing discloses no revenue-recovery plan, target or explanation for the nil sales figure after the board approved the results on November 13, 2026. The next disclosures to watch are whether revenue from operations resumes and whether the Rs 301.05 crore receivables and Rs 268.86 crore trade-payables balances continue to decline.