GPGMM Pfaudler505255Senior KMP change

Ankit Nayyar takes office as Group CFO and Key Managerial Personnel from November 4, 2026

Mr. Ankit Nayyar assumed office as Group Chief Financial Officer and Key Managerial Personnel of GMM Pfaudler effective November 4, 2026.

By ScoutQuest · Wed 4 Nov 2026, 5:28 PM IST · 2 min read

CFO Appointment Effective Date

November 4, 2026

New Group CFO & KMP

Mr. Ankit Nayyar

Reason for Predecessor's Exit

Mr. Alexander Poempner's request for early relieving owing to personal exigencies

What the Board decided

The Board of Directors met on November 4, 2026 and unanimously approved two things: the unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2026, along with the Limited Review Reports of the statutory auditors, and the appointment of Mr. Ankit Nayyar as Group Chief Financial Officer and Key Managerial Personnel of the Company with effect from November 4, 2026.

The CFO change

• Mr. Ankit Nayyar assumed office as Group Chief Financial Officer and Key Managerial Personnel on November 4, 2026.
• The update states this followed Mr. Alexander Poempner's request for early relieving owing to personal exigencies.
• The role is described as a Key Managerial Personnel position, the senior management category recognised under company law, so the change is a board-level disclosure.

The quarter in numbers (consolidated, unaudited)

• Revenue from operations: Rs. 1,064.62 crore
• Profit before tax: Rs. 50.28 crore
• Profit for the period: Rs. 35.13 crore
• Basic earnings per share: Rs. 7.40

The half year (April to September 2026), consolidated

• Revenue from operations: Rs. 1,989.38 crore
• Profit for the period: Rs. 57.23 crore

Where the revenue came from

In the quarter, the overseas segment reported revenue of Rs. 802.94 crore, against consolidated revenue from operations of Rs. 1,064.62 crore. The segment disclosure shows a large share of the business sitting outside India.

Balance sheet size

Total assets stood at Rs. 4,148.94 crore as at September 30, 2026 on a consolidated, unaudited basis.

A note on restated comparatives

The update explains that the Group updated the provisional fair values of identified assets and liabilities for the purchase price allocation of earlier acquisitions, which created goodwill during the year ended March 31, 2026, and therefore restated the reported figures for the quarter and half year ended September 30, 2025. As at September 30, 2026 the purchase price allocation has been finalised, with no change from the provisional fair values determined at March 31, 2026. In simple terms, part of the previous year's comparison base has been recalculated.

Points a retail investor may want to note

• These are unaudited, limited-review numbers, not full-year audited results; a review gives moderate assurance and is not an audit opinion.
• The results were reviewed by the Audit Committee and approved by the Board at their meetings held on November 4, 2026.
• The CFO appointment is effective November 4, 2026, so the person in the Group CFO and Key Managerial Personnel role has changed.
• The segment disclosure shows overseas operations contributing Rs. 802.94 crore of the quarter's Rs. 1,064.62 crore revenue, so overseas market conditions are relevant to reported numbers.
• The update also states that the quarter and half year figures for the prior year were restated, which is worth remembering when comparing year-on-year numbers.

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