Board approves Q2 results; Murty and Smita Anand re-appointed Independent Directors for second 3-year term
Board approved re-appointment of Mr. P. M. Murty and Ms. Smita Anand as Non-Executive Independent Directors for a second 3-year term, April 1, 2027 to March 31, 2030, subject to shareholder approval via postal ballot.
By ScoutQuest · · 2 min read
- Revenue from operations (Q2 FY27, ₹ lakhs)
- 33,146.65
- Net profit (Q2 FY27, ₹ lakhs)
- 2,017.81
- Basic and diluted EPS (not annualized)
- 11.29
The Board met on October 15, 2026 and approved the unaudited financial results for the quarter ended September 30, 2026, along with the re-appointment of two Non-Executive Independent Directors for a second term.
Independent directors re-appointed
- Mr. P. M. Murty and Ms. Smita Anand have been re-appointed as Non-Executive Independent Directors for a second consecutive term of three years, from April 1, 2027 to March 31, 2030, both days inclusive.
- They are not liable to retire by rotation.
- The re-appointments are subject to the approval of the Members of the Company, for which the Board approved a Postal Ballot Notice; the notice and related documents will be circulated to members and submitted to the stock exchanges in due course.
- Mr. Murty has held senior corporate leadership roles, including as Managing Director of Asian Paints Limited.
- Ms. Smita Anand has worked in global management consulting, leadership advisory and talent management.
Quarterly numbers, in lakhs
- Revenue from operations for the quarter ended September 30, 2026: 33,146.65, as against 29,299.43 in the quarter ended September 30, 2025.
- Profit before tax: 2,692.51.
- Net profit for the period: 2,017.81, as against 1,689.69 in the quarter ended September 30, 2025.
- Basic and diluted earnings per share, not annualized: 11.29.
Other points from the results
- An incremental liability of ₹159.18 Lakhs was recognised under Exceptional items during the financial year 2025-26, following a reassessment of employee benefit obligations after the consolidation of labour regulations into the New Labour Codes effective 21st November 2025.
- The results were reviewed and recommended by the Audit Committee and approved by the Board, and carry a limited review report from the statutory auditors.
What to keep in mind
- These are unaudited, interim results, so they relate to the quarter and the first half of the year, not a full financial year.
- The director re-appointments start from April 1, 2027 and take effect only after shareholder approval through the postal ballot process.
- Both directors are continuing for a second term, so the board's composition on this count stays unchanged.
Also from Butterfly Gandhimathi Appliances
Q2 FY27 results: Revenue Rs. 331 Cr, up 13.1% YoY; EBITDA Rs. 32 Cr, PAT Rs. 20 Cr
15 Oct 2026
Board approves unaudited September quarter results, unmodified limited review, two independent director re-appointments
15 Oct 2026
Board meeting on October 15, 2026 to consider and approve unaudited Q2 results
6 Oct 2026
More numbers
- Revenue from operations, quarter ended September 30, 202633,146.65 (₹ in Lakhs)
- Revenue from operations, quarter ended September 30, 202529,299.43 (₹ in Lakhs)
- Profit before tax, quarter ended September 30, 20262,692.51 (₹ in Lakhs)
- Net profit for the period, quarter ended September 30, 20262,017.81 (₹ in Lakhs)
- Net profit for the period, quarter ended September 30, 20251,689.69 (₹ in Lakhs)
- Basic and diluted earnings per share, quarter ended September 30, 202611.29
- Term of re-appointment of both independent directorsthree (3) years
- Incremental liability recognised under Exceptional items₹159.18 Lakhs
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