Summary of Key Information:
Reporting Period: Quarter and Half Year Ended September 30, 2026
Nature of Filing / Announcement: Outcome of Board Meeting - Unaudited Standalone and Consolidated Financial Results under SEBI LODR Regulations 30 and 33
Audit Opinion:
Clean Review Report - No modifications or qualifications. MSKC & Associates LLP conducted limited review and found no material misstatements.
Key Financial Highlights [₹ Million]:
Standalone Results:
Quarter Ended September 30, 2026:
- Revenue from Operations: ₹30,247.54 (vs ₹20,549.07 in Q2 FY26, +47% YoY)
- Total Income: ₹30,458.18
- Net Profit: ₹931.31 (vs ₹986.38 in Q2 FY26, -5.6% YoY)
- EPS: ₹2.70 (Basic and Diluted)
Half Year Ended September 30, 2026:
- Revenue from Operations: ₹56,658.60 (vs ₹35,245.98 in H1 FY26, +61% YoY)
- Total Income: ₹56,995.67
- Net Profit: ₹1,658.18 (vs ₹1,577.89 in H1 FY26, +5.1% YoY)
- EPS: ₹4.81 (Basic and Diluted)
Balance Sheet Position (Standalone as at September 30, 2026):
- Cash and Cash Equivalents: ₹284.91
- Other Equity: ₹16,399.76
- Total Debt (Current + Non-current Borrowings): ₹9,126.15
- Inventories: ₹11,391.31
- Trade Receivables: ₹5,854.90
Consolidated Results:
Quarter Ended September 30, 2026:
- Revenue from Operations: ₹33,369.78
- Net Profit: ₹905.59
- EPS: ₹2.63 (Basic and Diluted)
Half Year Ended September 30, 2026:
- Revenue from Operations: ₹60,614.36
- Net Profit: ₹1,599.66
- EPS: ₹4.65 (Basic and Diluted)
Segment-wise Performance [₹ Million]:
The group operates in five business segments:
Q2 FY26 Segment Revenue:
- Aluminium & Aluminium Alloys: ₹827.44
- Lead & Lead Alloy Ingots: ₹8,152.79
- Copper & Copper Ingots: ₹20,216.63 (primary growth driver)
- Copper and Copper Value Added Products: ₹3,473.33
- Copper & Finished Copper Scrap: ₹253.50
- Others: ₹446.09
Q2 FY26 Segment Result:
- Aluminium & Aluminium Alloys: ₹52.87
- Lead & Lead Alloy Ingots: ₹672.96
- Copper & Copper Ingots: ₹611.09
- Copper and Copper Value Added Products: ₹37.67
- Copper & Finished Copper Scrap: ₹2.21
- Others: ₹4.15
Corporate Actions:
- No dividend declared in this period
- No share split, bonus issue, or buyback announced
Other Significant Information:
- Entities in Consolidation: Includes 4 subsidiaries and 1 associate
- Pending Transactions: Loan conversion of ₹445 million to equity in Jain Ikon Global Ventures FZC pending statutory approvals
- Pending Sale: 28.88% equity interest in Sun Minerals Mannar Private Limited remains pending sale
- Capital Work in Progress: Significant increase to ₹935.77 million (consolidated) from ₹450.39 million