Board meeting outcome: Q2 and H1 results approved, three senior appointments, ESOP shares allotted
Board met on 05 Nov 2026 and approved unaudited standalone and consolidated results for Q2 and H1 ended 30 Sep 2026.
By ScoutQuest · · 2 min read
| Line item | Latest | Year ago | YoY | Prev qtr | QoQ |
|---|---|---|---|---|---|
| Revenue from operations | 6,585.85 | 5,374.70 | +22.5% | 5,542.85 | +18.8% |
| Total income | 6,625.54 | 5,527.95 | +19.9% | 5,578.28 | +18.8% |
| Profit before tax | 1,312.80 | 1,120.51 | +17.2% | 979.74 | +34% |
| Profit after tax | 983.17 | 838.44 | +17.3% | 732.85 | +34.2% |
| Total comprehensive income | 1,000.03 | 696.10 | +43.7% | 930.23 | +7.5% |
| Basic EPS | 4.63 | 4.01 | +15.5% | 3.46 | +33.8% |
- Total income YoY growth
- +19.9% vs 5,527.95 year ago
- Period
- Quarter Ended 30 September 2026
Also decided at the meeting
- Appointed Mr. Sidhartha Das as Senior Vice President & Head - Human Resources (SMP) w.e.f. 05th November 2026.
- Appointed Mr. Vijay Kumar Suthari as Vice President - Head Quality & Regulatory Affairs (SMP) w.e.f. 05th November 2026.
- Appointed Mr. Sriram Gopalakrishnan as Senior Vice President - Corporate Communications (SMP) w.e.f. 05th November 2026.
- Allotted 27,005 (ESOP 2008) and 81,000 (MESOP 2018) equity shares of ₹1/- each; paid-up capital rises from ₹21,24,72,716/- to ₹21,25,80,721/-.
Notes to the results
- Labour Codes notified 21 November 2025: increase in gratuity and compensated absences liability of Rs. 80.01 million recognised as exceptional item for year ended 31 March 2026.
What was decided
The board of directors met on Thursday, 05 November 2026 and approved the unaudited standalone and consolidated financial results for the second quarter and half year ended 30 September 2026. Limited review reports on the standalone and consolidated results were enclosed with the outcome. Two other decisions were taken at the same meeting: three senior management appointments and a fresh allotment of equity shares to employees who exercised stock options.
Senior management appointments
Based on the recommendation of the Nomination and Remuneration Committee, the board approved the following as Senior Management Personnel (SMP) with effect from 05 November 2026:
- Mr. Siddhartha Das as Senior Vice President & Head - Human Resources. He has been associated with the company for the past two years.
- Mr. Vijay Kumar Suthari as Vice President - Head Quality & Regulatory Affairs. In his previous stint he was associated with Dr. Reddy's Laboratories Limited.
- Mr. Sriram Gopalakrishnan as Senior Vice President - Corporate Communications. He has been associated with the company since November 2018.
ESOP allotment and share capital
- 27,005 fully paid-up equity shares were allotted on exercise of options under the Employees Stock Option Plan 2008 (ESOP 2008), at an exercise price of ₹188.90/- per share.
- 81,000 fully paid-up equity shares were allotted on exercise of options under the Management Employee Stock Option Plan 2018 (MESOP 2018), at an exercise price of ₹23.30/- per share.
- Consequent to the allotment, the issued, subscribed and paid-up equity share capital increased from ~₹21.25 crore to ~₹21.26 crore.
- The disclosure states that lock-in is not applicable and that the allotted shares are identical in all respects to the existing equity shares of the company.
Standalone results snapshot
The standalone statement of unaudited financial results is presented in Rs. million.
- Revenue from operations for the quarter ended 30 September 2026: 6,470.82.
- Profit for the period: 960.13.
Both figures are higher than the corresponding standalone figures for the quarter ended 30 September 2025. The statement also sets out expenses, tax, other comprehensive income and earnings per share for the quarter and half year ended 30 September 2026.
What this means for a retail investor
- The results are the main item in this update; the standalone quarter shows revenue and profit above the year-ago quarter.
- The employee share allotment adds new shares to the total in issue, so the share count rises marginally and the paid-up capital increases by the same small amount.
- The three appointments are management changes and do not by themselves alter the company's share capital.
Also from Sai Life Sciences
Sai Life Sciences Q2 FY27: revenue up 23% to ₹659 crore, PAT up 17% to ₹98 crore
6 Nov 2026
Sai Life Sciences Q2 FY27: EBITDA ₹187 crore at 28% margin, ₹621 crore capex in H1
6 Nov 2026
Board approves SMP appointments, Q2/H1 results and ESOP share allotment
5 Nov 2026
More numbers
- Revenue from operations, standalone, quarter ended 30 Sep 20266,470.82 (Rs. in million)
- Profit for the period, standalone, quarter ended 30 Sep 2026960.13 (Rs. in million)
- Paid-up equity share capital after allotment₹21,25,80,721/-
- Paid-up equity share capital before allotment₹21,24,72,716/-
- Equity shares allotted under ESOP 200827,005
- Equity shares allotted under MESOP 201881,000
- Exercise price per share, ESOP 2008₹188.90/-
- Exercise price per share, MESOP 2018₹23.30/-
- Total income, latest quarter6,625.54 (Rs. in million)
- Total income, year-ago quarter5,527.95 (Rs. in million)
- Total income, previous quarter5,578.28 (Rs. in million)
- Total comprehensive income, latest quarter1,000.03 (Rs. in million)
- Total comprehensive income, year-ago quarter696.10 (Rs. in million)
- Total comprehensive income, previous quarter930.23 (Rs. in million)
- Profit after tax, latest quarter983.17 (Rs. in million)
- Profit after tax, year-ago quarter838.44 (Rs. in million)
- Profit after tax, previous quarter732.85 (Rs. in million)
- Revenue from operations, latest quarter6,585.85 (Rs. in million)
- Revenue from operations, year-ago quarter5,374.70 (Rs. in million)
- Revenue from operations, previous quarter5,542.85 (Rs. in million)
- Profit before tax, latest quarter1,312.80 (Rs. in million)
- Profit before tax, year-ago quarter1,120.51 (Rs. in million)
- Profit before tax, previous quarter979.74 (Rs. in million)
- ESOP shares allotted1,08,005
Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.