This filing is part of the company’s quarterly result. Read the full results article, with every figure explained →
Q2 results post strong growth; CFO exits, Deputy MD appointed; share capital hike
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Board approved Q2 and H1 FY26 standalone results. Revenue from operations surged to Rs 17,135 lakhs from Rs 6,919 lakhs YoY. Net profit was Rs 5,536.71 lakhs versus a loss of Rs 4,330 lakhs last year, which had a one-time exceptional loss of Rs 4,630 lakhs on sale of subsidiary HSCL. H1 revenue grew 116 percent. CFO Shailendra Jhalani resigned and was appointed as Deputy MD for 3 years. Authorised share capital raised to Rs 121 crore from Rs 108.50 crore. New independent director Mool Chand Gauba appointed for 5 years.
Sharp earnings turnaround in core insulator business. Leadership reshuffle is internal. Higher authorised capital hints at possible future fundraising or expansion.
| Q2 FY27 | Q2 FY26 | Change | |
|---|---|---|---|
| Revenue | ₹172.1 Cr | ₹69.68 Cr | +146.9% |
| Operating profit | ₹70.56 Cr | ₹1.68 Cr | +4,097.8% |
| Profit after tax | ₹55.37 Cr | −₹43.30 Cr | turned positive |
| EBITDA margin | 43.6% | -56.9% | +100.5 pp |
From the company's XBRL filing, not from the text above. Operating profit = profit before tax − exceptional items − other income. EBITDA = profit before tax + finance costs + depreciation − other income.