Financial Result for the Quarter ended as on 30th September 2026

5 K BHAVSAR & CO. (fl{ CHARTERED ACCOUNTANTS I NOlA limited Review Report on Standalone Quarter & half year Ended as on 30th September, 2026 Unaudited Financial Results of the company pursuant to Regulation 33of the SEBI(listing Obligation and Disclosure Requirements) Regulations, 2015. TheBoard of Directors ARDIALLIANCESLIMITED (Formerly Known asARDIINVESTMENTANDTRADINGCOLTD) We have reviewed the accompanying statement of unaudited financial results of IARDIALLIANCES LIMITEDfor the quarter &halfyearended 30thSeptember, 2026which areincluded inthe accompanying "Statement of Unaudited Financial Resultfor Quarter & half year ended September 30,2026" together with relevant notes thereon. The statement hasbeen prepared by company pursuant to regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, asamended (the "Listing Regulations"). Thestatement isthe responsibility of the company's management and hasbeenapproved bythe Board of Directors, hasbeen prepared in accordance with the recognition and measurement principles laid down in the Ind AS34 "Interim Financial Reporting (Ind As 34), prescribed under section 133 of the companies act, 2013 as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in India. Our responsibility isto issuea report on the statement basedon our review. We conducted our review in accordance with the Standard on ReviewEngagement(S~E)2410, "Review of Interim FinancialInformation Performed bythe Independent Auditor ofthe Entity", issuedbythe ICAI. ThisStandard requires that we planandperform the review to obtain moderate assuranceasto whether the financial statements are free of material misstatement. A review of Interim Financial information consistsof making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially lessin scope than an audit conducted in accordance with Standards on Auditing and consequently does not enrble usto obtain assurancethat we would become aware of all significant matters that might be identified in anAudit. Accordingly, we do not expressanAudit opinion. Emphasisof Matter As an integral part of our audit procedures, the presented balances for Trade Receivables, Trade Payables,and all Loansand Advances(including anydeposits made or received) asof ~hebalance sheet date are pending comprehensive verification. This verification involves two critical steps: firstly, obtaining direct confirmations from the specific external parties involved in these transactions, suchas customers, vendors, and loan counterparties. Secondly,athorough reconciliation will be performed to match these external confirmations with the company's internal ledger records, aiming to ensure the precision andvalidity of these reported amounts. I (9+91 7695039868 • skbhavsarcoesgmatl.com, 5 K BHAVSAR & CO. C"Af CHARTERED ACCOUNTANTS I NOlA During the audit period, the company did not have a GSTN,meaning the revenue from goods sales requires specific verification related to Goods and Services Tax. Our alternative audit procedures involved thoroughly vouching sales and purchase invoices, along with all supporting documents. We conclude that this matter doesnot impact our audit opinion. While our opinion isnot modified inrespect of this matter. Thereliable value andsupporting documents relating to the investments were alsonot presented to us. Accordingly, we haverelied upon the management's representations andthe management letter in this regard. Ourconclusion isnot modified in respect of this matter. Basedon our review conducted asabove, nothing hascome to our attention that causesusto believe that the accompanying statement of unaudited financial results prepared in accordance with the recognition and measurement principles laid down in the aforesaid Indian Accounting Standards ('Ind As')specified under Section 133of the CompaniesAct,2013asamended, readwith relevant rulesissued thereunder and other accounting principles generally accepted in India, has nbt disclosed the information required to bedisclosedin terms of the Listing Regulations, including the manner in which it isto bedisclosed, or that it contains anymaterial misstatement. Date :14thOctober, 2026 For, SKBhavsar &Co. Place :Ahmedabad Chartered Accountants Firm No.145880W I(Shivam Bhavsar) Proprietor M. No. 180566 UDIN:26180566NKZWYK4258 • skbhavsarco@~mall.com, ARDIALLIANCESLIMITED (Previously known as Ardi Investment and Trading CoLimited) (CIN,L65923GJ1981PLC155107) Registeredoffic",8'409. Titanium Hei&hts.OppositeVodafoneHouse,Corporate Road.Prahlad Mag.r.Ma.'<arba.Ahmedabad.Gujarat- 380015 Website.","w.ardf.co.in Ph.9265439085 Emanid.comp!iandnRard.Oamat1.com STATEMENT Of UN·AUDITED I'INANCl<R"<:IIIT<:"ORTin' OIURTI'R 'Nn 'VI'AR 'lIInl'nON t"tO 707£> (Rs. Inlacs except Per share data H.UVear ended HaUVear ended Quarter ended Quarter ended September 30, September 30, Quarter ended For the year ended SrNo Particulars September 30, September 30. 2026 (Year to 2025 (Year to [une 30,2026 on Marcb 31, 2026 2026 2025 date for date for Curren.t Current Period) Period) Un·Audited Un·Audlted Un·Audited Un·Audited Un·Audlted Audited 1 Revenue From Operations fa)Revenue ff'omOperations 293.48 I(b)Other Income 0.00 Total Revenue metl · 293.49 2 Expenses a.Operating Expenses h.Purchases ofStock-In-trade 281.71 CoChanges InInventories ofStock-In-Trade · d.Employee benefits expenses 133 0.62 0.73 1.95 1.96 2.86 e.Finance Cost LDepreciation andAmortization Expenses · a.Other Expenses 1.18 4.71 0.Z3 5.88 0.86 3.60 Total Expenses 2.51 5.32 0.96 7.83 2.82 288.17 3 Pront/(Loss) before exceptional and Extraordinary (Z.51) (5.32) (0.96) (7.83) (2.82) 5.32 items and tax (1·2) 4 Exeeptional ltems · . 5 ProAt/CLoss)before Extraordinary items andtax(3-4) (2.51) (5.32) (0.96) (7.83) (2.82) 5.32 6 Extraordinary ltems 7 ProAtBefore Taxf5-6) (2.511 (S.32l (0.96 (7.831 fZ.821 5.32 8 Tax Expenses (a)CurrentTa. 1.50 (b)D.ferred Tax fC)TaxofEarllorYears Total TaxExpenses 1.50 9 ON pe et raP tr io of ni st/CL (7o .s 8s) ) forthe period fromcontinuing (2.51) (5.32) (0.96) (1.83) (2.82) 3.82 10 Profit(Loss)fromDiscontmuinl operations beforeTas 11 Tax Expenses orDisconunuing Operationl · 12 NetProfitJ(loss) from Discontinuing operations after Tax(lo·li) (2.51) (5.32) (0.96) (7.83) (2.82) 3.82 13 ShareofProfit(Loss)o(associate' andJointVetures accounted foru",,~ eQujtymethod 14 NetProfit (Loss)forthe period(12+1J) (2.511 {5.32l fO.96 (7.83) .i2.82l 3.82 15 Other comprehensive income. net ofincome t.ax a)i)Amoun!ofuemIll.!willno!bereclamfed toprofitor loss · ii)Incometaxrelatingtoitemsthatwillnotbereclassifed to - - refit orloss ",II b)i)lI.mthat bereclassifed teprofitorloss reil fl itin oc rom lose staxrelatingtoitemsthatwillbereels..lfedto . · - Tobl other eemperhensrve income.net ofincome tax - 16 Total Comprebensive incom. fortheperiod (2.511 r5.321 (0.96 n.831 r2.821 3.82 17 Detail. ofeQuitv share capital Paid-up Equity Share Capital 40.00 40.00 40.00 40.00 40.00 40.00 FaceValueofEQW!vSh.are Capital 10.00 10.00 10.00 10.00 10.00 10.00 18 Detail. ofdebtsecurlties Paid-UpDebtcapital face value ordebt Securlties Reserve excluding revaluation reserves asper 19 · (6.96) balance sheet ofDrevlous accountin. year 20 Debenture Redemption reserve 21 Earning per Share i Earnin. per Share for Continllitu! Operations Basic Earning (Loss) pershare from Continuing (0.63) (1.33) (0.24) (1.96) (0.71) 0.95 operations Diluted £amln! (Loss) pershare from Continuing (0.63) (1.33) (0.24) (1.96) (0.71) 0.95 operations u Earning per Share for discontinuing Operations Basic Earning (Loss) pershare from discontinuing . operations Diluted Earning (Loss) per share from discontinuing ooeratlons iii Earninn per EQuitv Share Basic Earning (Loss) pershare from Continuing and (0.63) (1.33) (0.24) (1.96) (0.71) 0.95 dis [Showing first 8,000 characters — download PDF for full document]