Board approves Sept-quarter results, appoints Independent Director, amends Related Party Transactions policy
Board meeting outcome (Oct 14, 2026).
By ScoutQuest · · 2 min read
- Revenue from operations (quarter)
- Rs. 4,548 crore for the quarter
- Profit for the period (quarter)
- Rs. 164 crore
- Independent Director Appointment
- Mr. Sumeet Narang appointed Additional Director (Non-Executive, Independent) for 5 consecutive years, subject to shareholder approval
Quarterly and half-year results
The Board approved the unaudited standalone and consolidated financial results for the quarter and six months ended September 30, 2026, along with the limited review reports from the statutory auditors.
- Revenue from operations for the quarter: 4,548 (Rs. in crores), compared with 3,701 in the same quarter a year earlier
- Profit for the period: 164, compared with 202 a year earlier
- Basic earnings per share: 40.62
- For the six months ended September 30, 2026: revenue from operations 8,711 and profit for the period 262
New Independent Director
Mr. Sumeet Narang (DIN: 01874599) has been appointed as an Additional Director in the capacity of Non-Executive, Independent Director, on the recommendation of the Nomination and Remuneration Committee.
- Term: 5 (five) consecutive years from October 14, 2026, till October 13, 2031 (both days inclusive)
- The appointment is subject to approval of shareholders
- He is the Founder & CEO of Samara Capital Group, an alternative asset manager which has invested USD 2 billion+ since its inception in 2007
- He is not related to any other director or key managerial personnel of the company
Related Party Transactions policy
The amended Policy on Related Party Transactions will be available on the company's website.
Debt related disclosures
- During the quarter, the company repaid listed unsecured non-convertible debentures amounting to 150 crores on the due date; these were earlier issued on a private placement basis
- Listed unsecured non-convertible debentures aggregating 250 crores are outstanding and not due for repayment as at September 30, 2026
- Commercial papers having a face value of 850 crores are outstanding and not due for repayment as at September 30, 2026
Select ratios for the quarter
- Operating margin: 10.14%
- Net profit margin: 3.60%
- Interest service coverage ratio: 4.30 times
- Debt to equity ratio: 0.68 times
- Net worth: 5,137 (Rs. in crores)
Trading window
The trading window for dealing in the company's securities shall open 48 hours after the declaration of the financial results.
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More numbers
- Revenue from operations, quarter ended 30-Sep-26 (Rs. in crores)4,548
- Profit for the period, quarter ended 30-Sep-26 (Rs. in crores)164
- Basic earnings per share, quarter ended 30-Sep-2640.62
- Operating margin (%) for the quarter10.14
- Net worth (Rs. in crores)5,137
- Listed unsecured NCDs repaid during the quarter150 crores
- Listed unsecured NCDs outstanding as at September 30, 2026250 crores
- Commercial papers outstanding (face value)850 crores
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