Span Divergent Ltd to Review September Results After Q1 Loss
Key highlights
- Span Divergent Ltd's board is scheduled to consider September 2026 quarter and half-year results on November 5, 2026.
- Span Divergent Ltd reported ₹1.02 crore in sales for the June 2026 quarter, down 4.7% year on year.
- Span Divergent Ltd reported a ₹1.19 crore net loss for the June 2026 quarter.
- Span Divergent Ltd reported a consolidated FY26 loss before tax of ₹2.9472 crore.
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Span Divergent Ltd is scheduled to consider its September 2026 quarter and half-year results on November 5, 2026, after reporting ₹1.02 crore in sales and a ₹1.19 crore net loss for the June 2026 quarter. The board meeting is significant because the company’s latest reported quarter showed lower revenue and a wider loss.
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When will Span Divergent Ltd announce its September 2026 results?
Span Divergent Ltd has informed BSE that its board meeting is scheduled for November 5, 2026. The board will consider and approve unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2026.
The company’s filing also said that the trading window was closed ahead of the results. This is a standard compliance measure that restricts trading by designated persons during a period when unpublished price-sensitive information may be available.
The November 5 meeting follows the company’s earlier board meeting on August 11, 2026, when it considered unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The September-quarter disclosure will provide the next reported update on the company’s revenue, profitability and half-year financial position.
What did Span Divergent Ltd report in the June 2026 quarter?
Span Divergent reported sales of ₹1.02 crore for the quarter ended June 2026, compared with ₹1.07 crore in the corresponding quarter a year earlier. This represented a year-on-year decline of 4.7%.
The company reported a net loss of ₹1.19 crore in the June quarter, compared with a loss figure that resulted in a 600.0% year-on-year deterioration, according to the reported quarterly data. Separately, the company reported a consolidated net loss of ₹1.1882 crore for the quarter ended June 30, 2026.
The June-quarter figures were approved by the board after audit committee and statutory review, according to the available result update. The reported sales level was below the ₹4.65 crore recorded in the March 2026 quarter and also lower than the ₹7.65 crore reported in the September 2025 quarter.
How has Span Divergent Ltd's sales trend changed?
Span Divergent’s reported quarterly sales have moved sharply across recent periods, highlighting an uneven revenue pattern. Sales were ₹3.43 crore in June 2023, ₹3.71 crore in June 2024, ₹1.07 crore in June 2025 and ₹1.02 crore in June 2026.
The available quarterly series shows sales of ₹7.65 crore in September 2025, followed by ₹3.86 crore in December 2025 and ₹4.65 crore in March 2026. Revenue then declined to ₹1.02 crore in the June 2026 quarter. The September 2026 results will show whether sales changed from that level during the following quarter.
For the trailing twelve months, Span Divergent’s reported profit was a loss of ₹3.63 crore. The company had reported profit of ₹0.98 crore for March 2024, while the reported figure for March 2025 was a loss of ₹0.92 crore. These figures indicate that profitability has varied materially across the reported periods.
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What do the FY26 disclosures show about Span Divergent Ltd?
Span Divergent approved its audited standalone and consolidated financial results for the year ended March 31, 2026 at a board meeting held on May 30, 2026. The company subsequently published the results in Financial Express and Dhabkar on June 1, 2026, as stated in its disclosures.
The FY26 disclosures reported standalone total income of ₹2.2242 crore and expenses of ₹1.9096 crore, with profit before tax of ₹0.7256 crore. On a consolidated basis, total income was ₹18.5108 crore and expenses were ₹21.4157 crore, while loss before tax stood at ₹2.9472 crore.
The May 30 board agenda had also included consideration of a dividend recommendation, if any, for FY26, along with approval of the audited results and related reports. The provided disclosures do not state whether a dividend was declared.
Why do the November 5 results matter for investors?
The September-quarter results matter because they will be the first reported financial update after the June-quarter decline in sales and consolidated loss. Investors will be able to compare the new revenue and profit or loss figures with the June 2026 quarter and the corresponding September 2025 quarter, when sales were reported at ₹7.65 crore.
The results may also provide updated standalone and consolidated information for the first half of FY27. Since the company has reported different financial outcomes at standalone and consolidated levels in FY26, both sets of disclosures will be relevant for assessing the latest reported performance.
Span Divergent has also made corporate disclosures concerning a ₹5 crore corporate guarantee for subsidiary Dryfruit Factory LLP’s HDFC Bank credit facilities. Earlier disclosures stated that operations at the Dryfruit Factory LLP plant in Ahmedabad had halted from December 9, 2024 and resumed on June 16, 2025. The supplied information does not provide an updated operational status for the September 2026 quarter.
Conclusion
Span Divergent Ltd enters its November 5 board meeting after a June 2026 quarter in which sales declined 4.7% year on year to ₹1.02 crore and net loss stood at ₹1.19 crore. The company’s recent reporting history shows substantial variation in quarterly sales and a consolidated loss for FY26, making the next financial disclosure relevant for investors tracking reported operating performance.
The key item to watch is the board’s approval of unaudited standalone and consolidated results for the quarter and half year ended September 30, 2026. Investors can compare the disclosed sales, profit or loss and any operational commentary with the June-quarter figures, the September 2025 sales base and the company’s reported FY26 financial position.


