Please find attached Resignation of Mr.Ghanshyam Chechani as CFO
BATLIBOI · price
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Awaiting price reaction for this filing.
Batliboi Ltd announced Q2 FY26 and H1 FY26 unaudited results on November 7, 2025. On a standalone basis, Q2 revenue from operations rose about 19% year-on-year to Rs. 8,264.10 lakhs and the company swung to a net profit of Rs. 74.35 lakhs from a loss of Rs. 29.79 lakhs a year earlier. H1 FY26 net profit, however, dropped to Rs. 195.19 lakhs from Rs. 575.24 lakhs. On a consolidated basis, H1 FY26 revenue jumped to Rs. 41,294.42 lakhs (helped by the amalgamation of Batliboi Environmental Engineering Limited). The Board accepted the resignation of CFO Mr. Ghanshyam Chechani with immediate effect, citing pre-occupation in other assignments, and appointed Mr. Kapil Arora, a chartered accountant with over 23 years of experience (formerly with Welspun Enterprises), as the new CFO. The Board also approved the grant of 3,05,000 ESOP stock options at an exercise price of Rs. 111 per share.
The CFO change appears orderly with an immediate replacement and no governance red flags, so the likely stock impact is limited. On the numbers, the consolidated scale-up from the amalgamation is positive, but the sharp standalone H1 profit decline and weak margins may draw investor attention.