Board approved September 2026 quarter and half-year results; whole-time director resigned, Gaurav Lohia is factory Occupier
Board meeting on November 04, 2026 approved the unaudited standalone and consolidated results for the quarter and half year ended September 30, 2026.
By ScoutQuest · · 3 min read
| Line item | Latest | Year ago | YoY | Prev qtr | QoQ |
|---|---|---|---|---|---|
| Revenue from operations | 5,943.33 | 4,184.22 | +42% | 5,030.22 | +18.2% |
| Total income | 6,003.41 | 4,198.83 | +43% | 5,095.80 | +17.8% |
| Profit before tax | 1,056.79 | 711.57 | +48.5% | 912.64 | +15.8% |
| Profit after tax | 777.47 | 524.46 | +48.2% | 662.61 | +17.3% |
| Total comprehensive income | 766.20 | 481.55 | +59.1% | 676.37 | +13.3% |
| Basic EPS | 7.36 | 4.96 | +48.4% | 6.27 | +17.4% |
- Total income (latest)
- 6,003.41 millions, +43% YoY vs 4,198.83; +17.8% QoQ vs 5,095.80
- Profit after tax (latest)
- 777.47 millions, +48.2% YoY vs 524.46; +17.3% QoQ vs 662.61
- Period
- 30 September 2026
Also decided at the meeting
- Accepted resignation of Mr. Rajendra Kumar Arya as Whole-time Director effective close of business hours of November 04, 2026.
- Reconstituted CSR Committee and Risk Management Committee with effect from November 04, 2026 consequent upon Mr. Arya's resignation.
- Appointed Mr. Gaurav Lohia, Whole-time Director, as Occupier of the Company's factories at Chaubepur and Panki with effect from November 04, 2026.
Auditor's review
Conclusion: Unmodified
Notes to the results
- Completed IPO (offer for sale) of 25,931,407 equity shares at ₹425 per share, aggregating ₹11,012.85 million; shares listed on NSE and BSE on 30 July 2026.
- Exceptional item of ₹94.16 million for year ended 31 March 2026 reflects impact of new labour codes.
- Figures for quarter ended 30 September 2025 are balancing figures, not subjected to limited review or audit.
What the board approved
The board met on November 04, 2026 and approved 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.
What the auditors concluded
The joint auditors, Walker ChandioK & Co LLP and Anil Pareik & Garg, reviewed the consolidated statement. Their conclusion: based on the review, nothing came to their attention that causes them to believe the statement has not disclosed the required information or contains any material misstatement. The conclusion is not modified.
- One auditor did not jointly review the interim results of 6 subsidiaries. Those subsidiaries reflect total assets of ₹ 1,160.75 million as at September 30, 2026, total revenue of ₹ 222.99 million and ₹ 473.60 million, and total net loss after tax of ₹ 52.56 million and ₹ 108.39 million, for the quarter and year-to-date respectively.
- A review is narrower than a full audit, so the auditors do not express an audit opinion.
Results snapshot (consolidated, ₹ in million)
- 'Revenue from operations': 5,943.33 for the quarter ended September 30, 2026 and 10,973.55 for the six months.
- 'Total income': 6,003.41 for the quarter and 11,099.21 for the six months.
- 'Profit before tax': 1,056.79 for the quarter and 1,969.43 for the six months.
- 'Profit for the period': 777.47 for the quarter and 1,440.08 for the six months.
- 'Total comprehensive income for the period': 766.20 for the quarter and 1,442.57 for the six months.
- Earnings per share (face value of ₹ 1/- each): 7.36 for the quarter and 13.63 for the six months; the company notes these are not annualised.
Leadership change
Mr. Rajendra Kumar Arya resigned as Whole-time Director with effect from the close of business hours of November 04, 2026, after nearly 35 years of professional experience, to pursue personal passions and interests. The company confirms there are no other reasons for the resignation.
Committee reconstitution
Consequent to the resignation, with effect from November 04, 2026
- Corporate Social Responsibility Committee: Mr. Raj Kumar Lohia (Chairman), Mr. Dinesh Kumar Mittal and Mr. Gaurav Lohia.
- Risk Management Committee: Mr. Dinesh Kumar Mittal (Chairman), Mr. Basant Seth, Mr. Gaurav Lohia and Mr. Anupam Agarwal.
Factory occupier
The board approved the appointment of Mr. Gaurav Lohia, Whole-time Director, as Occupier of four units with effect from November 04, 2026: D-3/A, Panki Industrial Estate, Kanpur; Lohia Packaging Solutions (a division of the company), C3 and C4, Panki Industrial Estate, Kanpur; Moulding Unit, D-9, Panki Industrial Estate, Kanpur; and Lohia Industrial Complex, Chaubepur, Kanpur.
Other points recorded
- The company completed its Initial Public Offer of 25,931,407 equity shares of face value of ₹ 1 each at an issue price of ₹ 425 per share, with a discount of ₹ 40 per share for eligible employees bidding in the employee reservation portion of 200,000 equity shares. The offer comprised an offer for sale of 25,931,407 equity shares by selling shareholders aggregating to ₹ 1,012.85 million, and the shares were listed on NSE and BSE on 30 July 2026.
- An exceptional item of ₹ 94.16 million was recorded for the year ended March 31, 2026, being the impact of the new labour codes notified by the Government of India.
- The group operates as a single segment: manufacturing of machines for the HDPE/PP woven fabric industry.
Also from Lohia Corp
Whole-time Director resigns; Board accepts resignation with effect from close of business on November 04, 2026
4 Nov 2026
Lohia Corp to hold Q2/H1 FY27 earnings conference call on November 6, 2026, 1:30 pm IST
3 Nov 2026
Board meeting on November 04, 2026 to consider and approve September quarter unaudited financial results
15 Oct 2026
More numbers
- Consolidated 'Profit for the period', six months ended September 30, 2026 (₹ in million)1,440.08
- IPO issue price per equity share₹ 425 per share
- IPO equity shares offered25,931,407
- Total assets of 6 subsidiaries not jointly reviewed (₹ in million)₹ 1,160.75 million
- Exceptional item: impact of new labour codes (₹ in million)94.16
- Total income, latest quarter6,003.41 (₹ in million)
- Total income, year-ago quarter4,198.83 (₹ in million)
- Total income, previous quarter5,095.80 (₹ in million)
- Total comprehensive income, latest quarter766.20 (₹ in million)
- Total comprehensive income, year-ago quarter481.55 (₹ in million)
- Total comprehensive income, previous quarter676.37 (₹ in million)
- Profit after tax, latest quarter777.47 (₹ in million)
- Profit after tax, year-ago quarter524.46 (₹ in million)
- Profit after tax, previous quarter662.61 (₹ in million)
- Revenue from operations, latest quarter5,943.33 (₹ in million)
- Revenue from operations, year-ago quarter4,184.22 (₹ in million)
- Revenue from operations, previous quarter5,030.22 (₹ in million)
- Profit before tax, latest quarter1,056.79 (₹ in million)
- Profit before tax, year-ago quarter711.57 (₹ in million)
- Profit before tax, previous quarter912.64 (₹ in million)
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