Board approves 100% stake acquisition in Sansha Fastener and Sept-quarter results
Board approved acquisition of 100% equity stake in Sansha Fastener Private Limited, which becomes a wholly owned subsidiary of the company.
By ScoutQuest · · 1 min read
- Q2 FY26 Revenue from Operations (Standalone)
- ₹ 13,839.76 million
- Q2 FY26 Profit for the Period (Standalone)
- ₹ 574.68 million
- H1 FY26 Revenue from Operations (Standalone)
- ₹ 26,938.08 million
Two decisions came out of the board meeting held on 30 October 2026: the unaudited financial results for the quarter and half year ended 30 September 2026, and the acquisition of a 100% equity stake in Sansha Fastener Private Limited.
The acquisition
- The company acquired 100% equity stake in Sansha Fastener Private Limited.
- With this, Sansha Fastener Private Limited becomes a wholly owned subsidiary of the company.
- The update states that the details required under the SEBI (LODR) Regulations, 2015 are enclosed as Annexure-A.
Standalone results (figures in ₹ million)
- Quarter ended 30 September 2026: revenue from operations ₹ 13,839.76 million and profit for the period ₹ 574.68 million.
- Half year ended 30 September 2026: revenue from operations ₹ 26,938.08 million and profit for the period ₹ 1,139.41 million.
- These are unaudited standalone results, reviewed by the statutory auditors and approved by the board.
Cash flow, standalone
- For the half year ended 30 September 2026, net cash generated from operating activities was ₹ 608.75 million.
- This is the cash the business generated from its operations, after working capital movements.
Share capital note
- The board had approved a preferential issue of 92,23,402 equity shares aggregating ₹ 4,335.00 million; the shares were allotted on 31 July 2026 after shareholder approval.
How to read this
- The acquisition takes the company into a new wholly owned subsidiary; the announcement covers the stake acquired and the resulting subsidiary status.
- The results give the revenue and profit numbers for both the quarter and the half year, so readers can see the size of the business for the period.
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30 Oct 2026
Board approves 100% stake in Sansha Fastener and Sept-quarter results
30 Oct 2026
Skipper Ltd sets Q2FY27 results conference call for 30 October 2026, hosted by ICICI Securities
26 Oct 2026
More numbers
- Equity stake acquired in Sansha Fastener Private Limited100%
- Revenue from operations, quarter ended 30 Sep 2026 (standalone)₹ 13,839.76 million
- Profit for the period, quarter ended 30 Sep 2026 (standalone)₹ 574.68 million
- Revenue from operations, half year ended 30 Sep 2026 (standalone)₹ 26,938.08 million
- Profit for the period, half year ended 30 Sep 2026 (standalone)₹ 1,139.41 million
- Net cash generated from operating activities, half year (standalone)₹ 608.75 million
- Equity shares allotted on preferential basis92,23,402
- Aggregate preferential issue amount₹ 4,335.00 million
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