BATLIBOIBSEBatliboi Ltd-$HighNeutral
Announced Fri, 7 Nov · 15:30 IST

Please find the attached copy of intimation for change in management

Cfo ResignedKmp ResignedManagement Changes View source PDF

BATLIBOI · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Batliboi Ltd reported a strong turnaround in Q2 FY26 (quarter ended September 30, 2025), with standalone net profit of Rs. 74.35 lakhs compared to a loss of Rs. 29.79 lakhs in Q2 FY25, on total income of Rs. 8,572.79 lakhs versus Rs. 7,297.09 lakhs a year ago. On a consolidated basis, the company swung to a net profit of Rs. 570.21 lakhs from a loss of Rs. 258.46 lakhs in the same quarter last year. The board also approved a grant of 3,05,000 stock options under the ESOP scheme at an exercise price of Rs. 111 per share. Separately, CFO Mr. Ghanshyam Chechani resigned with immediate effect citing pre-occupation with other assignments, and the company appointed Mr. Kapil Arora, a Chartered Accountant with over 23 years of experience (previously Finance Controller at Welspun Enterprises), as the new CFO and Key Managerial Personnel from November 7, 2025.

Likely market impact

The Q2 results show a clear recovery with both standalone and consolidated businesses returning to profit, which should be viewed positively by shareholders. The CFO transition appears orderly, and bringing in an external finance head with strong corporate experience from Welspun could support better financial controls and reporting going forward.