Sical Logistics Q2 FY26 results: standalone profit, resolution plan closed
SICALLOG · price
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Board approved unaudited Q2 and H1 FY26 results (standalone and consolidated) for period ended September 30, 2025. SRSV and Associates gave a clean limited review. Standalone swung to a profit of Rs 363 lakhs in H1 FY26 from a loss of Rs 2,638 lakhs in H1 FY25. Other income includes an exceptional profit of Rs 2,854 lakhs from sale of land. Company paid the final installment under its approved resolution plan and received a no-objection certificate from major financial creditors, confirming all terms complied. Board re-appointed Mr Seshadri Rajappan as whole-time director for three years effective January 11, 2026, subject to shareholder approval.
Return to profit and resolution plan closure are positive, but core earnings lift from land sale is one-time and non-recurring.