Board Meeting outcome for considered and approved Unudited Financial Results of the Company along with Auditors Limited Review Report for the 2nd quarter ended September 30, 2025.
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Indo Euro Indchem's Board met on November 13, 2025 and approved the unaudited financial results for Q2 and H1 FY26 (ended September 30, 2025). Revenue from operations for Q2 FY26 was ₹281.16 lakhs, sharply higher than ₹91.24 lakhs in Q2 FY25 (about 3x growth quarter-on-quarter). However, for the half year, revenue came in at ₹434.91 lakhs versus ₹584.37 lakhs in H1 FY25, a decline of roughly 25%. Profit after tax for H1 FY26 was ₹24.36 lakhs compared to ₹22.98 lakhs in H1 FY25. The auditor (Vora & Associates) issued an unmodified limited review report with no qualifications. The Board also accepted the resignation of Independent Director Ms. Rima Bandyopadhyay citing personal reasons and appointed Mrs. Vidhi Ankit Pala as Additional Independent Director for a 5-year term.
Mixed picture for shareholders: strong sequential rebound in Q2 revenue is encouraging, but the first-half revenue contraction suggests weak H1 overall. PAT in H1 barely grew, indicating thin margins. Director changes are routine and unlikely to materially affect the stock.