Financial Results - Standalone (Q2 FY27)

Quarter Ended September 30, 2026:

  • Revenue from operations: ₹1,179.91 crore (21% increase YoY from ₹973.63 crore in Q2 FY26)
  • Other income: ₹72.77 crore (includes ₹42.09 crore interest on income tax refund)
  • Total income: ₹1,252.68 crore
  • Total expenses: ₹795.10 crore
  • Profit before tax: ₹457.58 crore
  • Tax expense: ₹121.27 crore (current tax) + ₹1.69 crore (deferred tax)
  • Net profit: ₹334.62 crore (31% increase YoY from ₹255.00 crore)
  • EPS: ₹19.76 (basic and diluted)

Half Year Ended September 30, 2026:

  • Revenue from operations: ₹2,104.33 crore
  • Other income: ₹134.40 crore (includes ₹18.00 crore dividend from subsidiary)
  • Total income: ₹2,238.73 crore
  • Net profit: ₹587.95 crore
  • EPS: ₹34.71

Financial Results - Consolidated (Q2 FY27)

Quarter Ended September 30, 2026:

  • Revenue from operations: ₹1,183.57 crore
  • Total income: ₹1,256.35 crore
  • Net profit: ₹335.88 crore
  • EPS: ₹19.83

Half Year Ended September 30, 2026:

  • Revenue from operations: ₹2,122.01 crore
  • Net profit: ₹573.06 crore
  • EPS: ₹33.83

Key Financial Position (Standalone as of September 30, 2026)

  • Total assets: ₹3,936.29 crore
  • Total equity: ₹1,869.69 crore
  • Cash and cash equivalents: ₹650.19 crore
  • Current investments: ₹1,524.01 crore
  • Inventories: ₹513.33 crore
  • Trade receivables: ₹339.41 crore

Management Changes

Mr. Sandeep Seth appointed as Head - Ethics & Compliance effective November 3, 2026. He brings over 20 years of experience in ethics, compliance and governance across pharmaceutical, consumer healthcare and health insurance sectors. Previously served as Head of Ethics & Business Integrity for Opella covering India, Africa, Middle East and Turkey. He is a qualified lawyer, Company Secretary, Certified Compliance Professional and Certified Fraud Examiner with degrees in Commerce and Law from Delhi University.

Auditor Appointments

Board approved appointment of M/s Walker Chandiok & Co LLP, Chartered Accountants (Firm Registration No. 001076N/N500013) as Statutory Auditors for a first term of five consecutive years commencing from financial year 2027-28 until conclusion of the 107th Annual General Meeting (financial year 2031-32), subject to shareholder approval at ensuing AGM.

Subsidiary Information

Biddle Sawyer Limited (wholly owned subsidiary) contributed:

  • Total assets: ₹632.5 lakhs as of September 30, 2026
  • Total revenues: ₹138.4 lakhs (quarter) and ₹316.3 lakhs (half year)
  • Net profit: ₹12.8 lakhs (quarter) and ₹31.2 lakhs (half year)
  • Dividend income to parent: ₹18.00 crore for H1 FY27

Exceptional Items

FY26 included exceptional credit of ₹2.64 crore on account of profit on sale of surplus residential properties (consolidated includes additional ₹17.98 crore from sale of non-operational land site).

Segment Information

Company has only one reportable segment - Pharmaceuticals.

Audit Review

Deloitte Haskins & Sells LLP conducted limited review of both standalone and consolidated financial results and issued unmodified review reports.

Meeting Details

Board meeting commenced at 3:45 PM and concluded at 6:00 PM on November 3, 2026.