The Board of Directors at its meeting held today considered and approved the unaudited financial results (standalone & consolidated) for the quarter and Half year ended 30th September, 2025.
ULTRAMAR · price
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The Board of Ultramarine & Pigments Ltd approved unaudited standalone and consolidated financial results for Q2 and H1 FY26 on November 8, 2025. Standalone revenue from operations grew to Rs. 19.51 crore in Q2 FY26 from Rs. 16.09 crore in Q2 FY25 (~21% YoY growth), while H1 FY26 revenue rose to Rs. 38.05 crore from Rs. 32.14 crore (~18% YoY). Standalone PAT for Q2 was Rs. 2.58 crore (vs Rs. 2.43 crore) and H1 PAT was Rs. 5.24 crore (vs Rs. 4.42 crore). Consolidated Q2 revenue was Rs. 19.85 crore and H1 revenue was Rs. 38.56 crore. The auditor's limited review report is unqualified. The wholly owned subsidiary Ultramarine Specialty Chemicals Ltd commissioned the balance of its planned capacity during Q2 FY26.
Solid topline growth in Q2 driven by full commissioning of subsidiary capacity; profitability improved modestly. Unqualified auditor report and capacity expansion are positive signals for shareholders, though PAT growth has not kept pace with revenue growth.