APAarti Pharmalabs543748Quarterly results

Q2 FY27: net profit Rs. 6,575.29 lakhs; CFO resignation and new CFO appointed

Q2 FY27 revenue from operations Rs. 61,258.69 lakhs vs Rs. 41,728.78 lakhs a year ago.

By ScoutQuest · Wed 28 Oct 2026, 10:01 PM IST · 2 min read

Q2 revenue from operations

Rs. 61,258.69 lakhs vs Rs. 41,728.78 lakhs a year ago

Q2 net profit

Rs. 6,575.29 lakhs vs Rs. 2,349.88 lakhs

Exceptional item and contingent liability

Rs. 204.00 lakhs provision as exceptional item; Rs. 5,746.00 lakhs contingent liability

Results at a glance

• Revenue from operations for the quarter ended 30 September 2026 was Rs. 61,258.69 lakhs, against Rs. 41,728.78 lakhs in the same quarter a year earlier.
• Net profit for the quarter was Rs. 6,575.29 lakhs, against Rs. 2,349.88 lakhs in the same quarter a year earlier.
• For the half year ended 30 September 2026, revenue from operations was Rs. 1,14,717.47 lakhs and net profit was Rs. 13,705.96 lakhs.
• These are standalone, unaudited figures, reviewed by the Audit Committee and approved by the Board on 28 October 2026. The statutory auditors' limited review report carries a conclusion that is not modified.

The exceptional item

• The company has reported an exceptional item of Rs. 204.00 lakhs in the quarter and half year. This is a provision relating to a stamp duty order passed on the scheme under which the pharmaceutical undertaking of Aarti Industries Limited was demerged into the company.
• The company has challenged that order by a writ petition before the High Court of Gujarat, which is pending.
• A further Rs. 5,746.00 lakhs, being the balance stamp duty and the penalties, is disclosed as a contingent liability, on the company's assessment that this outflow is not probable.

Change at the CFO position

• The Board noted the resignation of Shri Piyush Lakhani as Chief Financial Officer and Key Managerial Personnel, to pursue an alternate career opportunity outside the organisation. He will be relieved from the close of business hours on 30 October 2026.
• Smt. Vibha Thakkar has been appointed Chief Financial Officer and Key Managerial Personnel with effect from 31 October 2026, on the recommendation of the Nomination and Remuneration Committee and the Audit Committee.
• She is a Chartered Accountant and most recently served as AVP-Finance & Accounts at NOCIL Limited, with earlier roles at companies including VIP Industries Limited, Greaves Cotton Limited, Sandoz Private Limited and KPMG.

How to read this

• The update carries two separate pieces of information: the September quarter numbers and a senior management change. The CFO transition takes effect at the end of October 2026, so the incoming CFO would be in place from the next reporting period.
• The exceptional provision is a charge taken in the current results, whereas the larger contingent liability is a possible future outflow, not something charged to profit now.
• Prior-year comparatives have been restated to recognise a fair value loss on a target redemption forward contract; the effect of the restatement is set out in the notes to the results.
• The company has identified only one segment, Pharmaceuticals, so the results reflect a single business line.

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