Announced Tue, 27 Oct, 2026 · 18:27 IST
Q2 profit jumps; new factory manager appointed for Silvassa plant
GANDHAR · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction
Awaiting price reaction for this filing.
AI summary
The board approved unaudited September 2026 results and appointed Santosh Kumar Singh as Silvassa factory manager from 27 October 2026. Group quarter revenue rose to Rs 1,846.56 crore from Rs 1,068.11 crore, and profit after tax rose to Rs 186.28 crore from Rs 39.77 crore. Half-year profit after tax was Rs 392.18 crore. A Rs 21.29 crore provision for flood damage and lost or contaminated stock reduced profit; no insurance recovery was booked.
Likely market impact
Strong profit growth supports sentiment. The flood provision is a near-term drag, while insurance recovery could aid future profits.