Q2 results approved as Group CFO is relieved early

Key managerial personnel resignedManagement Changes View source PDF Explain this filing

GMMPFAUDLR · price

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Price reactionminutes from the announcement price · days from the prior close

-12.0%Reaction day

₹1343.10

prior close

₹1300.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is usedpendingvs market: pending

Industrial Products peers, median of 130sector+0.9%-12.9% vs sector

On the reaction day the stock moved 12.9 pts less than its Industrial Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-2.8

10m

-3.8

15m

-3.9

30m

-4.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-12.0pendingpending+0.9-12.9

Next day

-16.8pendingpending-0.4-16.5

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15d

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UpDownMarket · Nifty Microcap 250Sector · Industrial Products peers, median of 130Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

The board approved unaudited September 2026 results. Q2 revenue rose 18% year on year to Rs 1,064.62 crore, but profit before tax fell to Rs 50.28 crore from Rs 61.69 crore and net profit to Rs 35.13 crore from Rs 37.68 crore. Alexander Poempner was relieved as Group CFO early for personal reasons; Ankit Nayyar took over on November 4.

Likely market impact

Strong revenue growth is positive, but lower quarterly earnings and weak cash flow may weigh on the stock. The CFO handover is completed, limiting disruption.