Q2 and half-year results approved; three independent directors reappointed, Sumedha Karmarkar appointed Additional Director
Board approved the unaudited standalone and consolidated results for the quarter and half year ended September 30, 2026: revenue from operations Rs. 636.19 crore and profit Rs. 14.56 crore for the quarter.
By ScoutQuest · · 2 min read
- Revenue from operations - quarter
- Rs. 636.19 crore
- Profit - quarter
- Rs. 14.56 crore
- Revenue from operations - half year
- Rs. 1,298.61 crore
The update covers two things from the same board meeting: the September quarter results and changes in the board of directors.
Results for the quarter and half year
- Revenue from operations was Rs. 636.19 crore for the quarter ended September 30, 2026 and Rs. 1,298.61 crore for the six months ended September 30, 2026.
- Profit for the period was Rs. 14.56 crore for the quarter and Rs. 59.99 crore for the half year.
- Basic and diluted earnings per share were Rs. 1.05 for the quarter.
- The quarter included an exceptional item of Rs. 29.95 crore, an on-account amount received towards the insurance claim for the fire at the Vashivali plant in Raigad district, Maharashtra on April 23, 2024. The note states the full and final settlement of the claim is pending with the insurance agency.
- The statutory auditors issued an unmodified limited review conclusion on both the standalone and consolidated results.
Board changes
- Mr. Deepak Raj Bindra (DIN: 06835196) re-appointed as an Independent Director for a second term of 5 consecutive years, from December 15, 2026 to December 14, 2031.
- Mr. Vasant Gujarathi (DIN: 06863505) re-appointed as an Independent Director for a second term of 5 consecutive years, from February 20, 2027 to February 19, 2032.
- Ms. Neela Bhattacherjee (DIN: 01912483) re-appointed as an Independent Director for a second term of 5 consecutive years, from May 25, 2027 to May 24, 2032.
- Ms. Sumedha Karmarkar (DIN: 06899598) appointed as an Additional Director (Non-Executive Non-Independent) with effect from November 03, 2026, and proposed to be appointed as a Non-Executive Non-Independent Director liable to retire by rotation.
- The reappointments and the appointment are subject to shareholders' approval.
Other notes attached to the results
- The Parent Company sold its entire shareholding in subsidiary Keva USA Inc. to subsidiary Keva Fragrances Private Limited, for a consideration of Rs. 19.07 crore; the transaction was concluded on August 25, 2026, and Keva USA Inc. has become a step-down subsidiary.
- The Parent Company sold its entire shareholding in Keva Ventures Private Limited and its step-down subsidiary Amikeva Private Limited to Keva Aromatics Private Limited (a promoter group company), effective September 1, 2026; their results are disclosed as discontinued operations.
- The Group reports two segments, Fragrances and Flavours, which together make up revenue from operations.
What a retail investor can take away: the board has signed off on the numbers for the quarter, the auditors' review carries no modification, and the board's composition is being refreshed with three independent director reappointments and one new non-executive director, each of which needs shareholder approval to take effect.
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More numbers
- Revenue from operations, quarter ended September 30, 2026636.19
- Profit for the period, quarter ended September 30, 202614.56
- Revenue from operations, six months ended September 30, 20261,298.61
- Profit for the period, six months ended September 30, 202659.99
- Basic and diluted EPS for the quarter1.05
- Exceptional item: on-account insurance claim received (fire at Vashivali plant)₹ 29.95 crore
- Sale consideration for entire stake in Keva USA Inc.₹ 19.07 crore
- Second term for each re-appointed independent director5 (Five) consecutive years
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