Outcome of the Board Meeting held on 04th November, 2025
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Elantas Beck India's Board approved the unaudited financial results for Q2 FY26 (quarter ended 30 Sept 2025) and the nine-month period. Revenue from operations stood at Rs 21,654.52 lakhs for the quarter (up about 18% YoY from Rs 18,357.32 lakhs) and Rs 63,260.99 lakhs for nine months (up about 14.7% YoY). Net profit for the quarter rose to Rs 3,625.76 lakhs (vs Rs 3,106.59 lakhs a year ago), though nine-month PAT was nearly flat at Rs 10,841.41 lakhs vs Rs 10,982.20 lakhs. The Engineering & Electronic Resins and Materials segment posted strong growth, with nine-month revenue jumping about 42% YoY. The Board also approved appointing M/s. M S K A & Associates as the new Statutory Auditor for five years (FY2026–FY2030), replacing Price Waterhouse Chartered Accountants LLP whose term ends at the upcoming 70th AGM, subject to shareholder approval. Additionally, the Company's insider trading code and disclosure policies were amended under SEBI PIT Regulations.
Steady double-digit revenue growth and stable margins suggest a healthy quarter for shareholders, though nine-month profit was largely flat, indicating some cost pressure. The auditor rotation is a routine governance event but is being announced mid-year as PwC's term concludes.