CFO resigns to become Deputy MD; Q2 net profit jumps to Rs 55.4 cr

Cfo ResignedKmp ResignedManagement Changes View source PDF Explain this filing

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AI summary

CFO Shailendra Jhalani resigned effective Oct 3, 2026, to become Deputy MD from Oct 4, 2026 for 3 years. Board approved unaudited Q2 FY27 results: revenue more than doubled to Rs 172 crore versus Rs 69.7 crore YoY, net profit Rs 55.4 crore versus a Rs 43.3 crore loss earlier. H1 net profit Rs 92 crore. Board also appointed Mool Chand Gauba as Independent Director and raised authorised share capital to Rs 121 crore from Rs 108.5 crore.

Likely market impact

Internal CFO-to-DMD transition ensures leadership continuity. Sharp profit recovery signals strong operational turnaround.