
Quarterly Result5 Nov 2026, 08:21 pm
Cello World: Unaudited Q2 FY27 Financial Results Approved
AI Summary
Cello World Limited announced that its Board of Directors has approved the unaudited standalone and consolidated financial results for the second quarter ended September 30, 2026. The results were reviewed by M/s Deloitte Haskins & Sells LLP. Additionally, the company submitted a Statement of Deviation or Variation in the utilization of funds raised via Qualified Institutional Placement (QIP) on July 5, 2024, amounting to ₹738 Crores. There was no deviation or variation reported in the utilization of these funds. Minor adjustments were made to the QIP issue expenses and working capital allocation, approved by the QIP Committee.
Key Highlights
- Board approved unaudited standalone and consolidated financial results for Q2 FY27.
- Limited review report from statutory auditors is enclosed.
- No deviation reported in the utilization of QIP funds.
- QIP issue expenses saw a minor increase of ₹0.20 Crores.
- Working capital allocation adjusted due to QIP expense increase.
Price Impact
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