Board approves Q2 results, Saudi land lease for greenfield plant
Rossari Biotech's board approved leasing of land in Saudi Arabia π for a greenfield manufacturing facility of wholly owned subsidiary Rossari International Limited Company.
By ScoutQuest Β· Β· 2 min read
| Line item | Latest | Year ago | YoY | Prev qtr | QoQ |
|---|---|---|---|---|---|
| Revenue from operations | 6,975.60 | 5,861.07 | +19% | 6,972.00 | +0.1% |
| Total income | 6,981.59 | 5,877.11 | +18.8% | 7,003.87 | β0.3% |
| Profit before tax | 492.69 | 496.72 | β0.8% | 476.72 | +3.3% |
| Profit after tax | 389.07 | 368.76 | +5.5% | 350.95 | +10.9% |
| Total comprehensive income | 395.60 | 366.12 | +8.1% | 354.46 | +11.6% |
| Basic EPS | 7.02 | 6.66 | +5.4% | 6.34 | +10.7% |
- Total income
- Latest 6,981.59; Year ago 5,877.11 (+18.8%); Prev qtr 7,003.87 (β0.3%)
- Profit after tax
- Latest 389.07; Year ago 368.76 (+5.5%); Prev qtr 350.95 (+10.9%)
- Period
- Quarter Ended 30th September, 2026 (Unaudited)
Also decided at the meeting
- Approved leasing of land by Rossari International Limited Company, a wholly owned subsidiary, for setting up a greenfield manufacturing facility in the Kingdom of Saudi Arabia (KSA); project plan and investment to be placed before theβ¦
Auditor's review
Conclusion: Unmodified
Notes to the results
- During the quarter ended 30th September, 2026, the Parent Company allotted 2,500 equity shares of Rs. 2 each on exercise of options under Rossari Employee Stock Option Plan - 2019.
What came out of the board meeting
The board met on Saturday, October 17, 2026, from 05:48 P.M. to 06:30 P.M., and approved two items: the company's unaudited financial results for the quarter and half year ended September 30, 2026, and a land lease in Saudi Arabia for a new factory.
Greenfield factory in Saudi Arabia
- The board accorded its approval for the leasing of land by Rossari International Limited Company, a wholly owned subsidiary, for setting up a greenfield manufacturing facility in the Kingdom of Saudi Arabia (KSA).
- The detailed project plan, including the nature of the project and the overall investment, will be placed before the board for approval once it is finalised, with further disclosures as and when there are material developments.
- This follows the company's earlier intimation dated January 17, 2026 on the same plan.
September quarter 2026 (consolidated, Rs. in million)
- Revenue from operations: 6,975.60, against 5,861.07 in the same quarter a year earlier.
- Profit after tax: 389.07, against 368.76.
- For the half year ended September 30, 2026, revenue from operations was 13,947.60, against 11,298.23 in the same half of the previous year. Profit after tax for the half year was 740.02.
- The results were reviewed by the Audit Committee and approved and taken on record by the board.
The auditors' conclusion
- The statutory auditors, Walker Chandiok & Co LLP, carried out a Limited Review of the standalone and consolidated results β a review, not a full audit, and so not an audit opinion.
- Their conclusion is unmodified: nothing came to their attention that causes them to believe the statements fail to disclose what the listing regulations require, or that they contain a material misstatement.
- The review notes that five subsidiaries and one associate were not reviewed by them, and were covered by the review reports of other auditors.
- It also notes that the interim financial information of three subsidiaries and a joint venture was not reviewed by their auditors and was furnished by the holding company's management; according to management, this information is not material to the Group. The conclusion is not modified on this account.
Other details from the update
- The Group deals in specialty chemicals and treats this as one operating segment.
- During the quarter, the parent allotted 2,500 equity shares of Rs. 2 each on exercise of options under the approved Rossari Employee Stock Option Plan - 2019.
What to track
- The detailed project plan and the overall investment for the Saudi facility, which will come back to the board once finalised.
- The gap between the rise in revenue from operations and the rise in profit after tax in the September quarter β revenue from operations grew by a larger amount than profit after tax year on year.
Also from Rossari Biotech
Earnings call: record quarterly revenue and EBITDA; Board approves land lease for Saudi greenfield plant
23 Oct 2026
Rossari Biotech files audio recording of Q2 & H1 FY27 earnings conference call held October 19, 2026
19 Oct 2026
Rossari Biotech reported strong quarter two earnings driven by higher exports and improved margins, even as the stock fell 3.5 percent despite the good numbers
19 Oct 2026
More numbers
- Revenue from operations, consolidated, half year FY27 (Rs. in million)13,947.60
- Revenue from operations, consolidated, half year FY26 (Rs. in million)11,298.23
- Profit after tax, consolidated, half year FY27 (Rs. in million)740.02
- Equity shares allotted under ESOP - 20192,500
- Total income, latest quarter6,981.59 (Rs. In million)
- Total income, year-ago quarter5,877.11 (Rs. In million)
- Total income, previous quarter7,003.87 (Rs. In million)
- Total comprehensive income, latest quarter395.60 (Rs. In million)
- Total comprehensive income, year-ago quarter366.12 (Rs. In million)
- Total comprehensive income, previous quarter354.46 (Rs. In million)
- Profit after tax, latest quarter389.07 (Rs. In million)
- Profit after tax, year-ago quarter368.76 (Rs. In million)
- Profit after tax, previous quarter350.95 (Rs. In million)
- Revenue from operations, latest quarter6,975.60 (Rs. In million)
- Revenue from operations, year-ago quarter5,861.07 (Rs. In million)
- Revenue from operations, previous quarter6,972.00 (Rs. In million)
- Profit before tax, latest quarter492.69 (Rs. In million)
- Profit before tax, year-ago quarter496.72 (Rs. In million)
- Profit before tax, previous quarter476.72 (Rs. In million)
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