Board Meeting Details

The Board of Directors meeting was held on November 04, 2026, commencing at 11:22 a.m. and concluding at 03:44 p.m. (IST).

Financial Results Approval

The Board approved the Unaudited Standalone and Consolidated Financial Results for the quarter and half year ended September 30, 2026 (FY2026-27).

Consolidated Financial Performance (Key Figures)

Income Statement (Consolidated):

  • Revenue from operations: Q2 FY27 ₹3,006.04 crore (vs ₹2,345.98 crore YoY, +28.1%)
  • Total Income: Q2 FY27 ₹3,015.56 crore (vs ₹2,354.01 crore YoY)
  • Profit before exceptional items and tax: Q2 FY27 ₹148.51 crore (vs ₹56.42 crore YoY, +163.3%)
  • Total tax expense: Q2 FY27 ₹47.32 crore
  • Net profit for the period: Q2 FY27 ₹101.19 crore (vs ₹32.98 crore YoY, +206.9%)
  • Half-yearly net profit: ₹180.95 crore (vs ₹57.45 crore YoY, +214.9%)

Segment Performance (Consolidated):

  • Beauty segment revenue: Q2 FY27 ₹2,699.74 crore
  • Fashion segment revenue: Q2 FY27 ₹287.24 crore
  • Others segment revenue: Q2 FY27 ₹19.06 crore
  • Beauty segment profit before tax: Q2 FY27 ₹180.19 crore
  • Fashion segment loss before tax: Q2 FY27 ₹(7.65) crore
  • Others segment loss before tax: Q2 FY27 ₹(10.70) crore

Earnings Per Share (Consolidated):

  • Basic EPS: Q2 FY27 ₹0.35 (vs ₹0.12 YoY)
  • Diluted EPS: Q2 FY27 ₹0.35 (vs ₹0.12 YoY)

Standalone Financial Performance

  • Total Income: Q2 FY27 ₹154.63 crore
  • Profit before tax: Q2 FY27 ₹22.66 crore
  • Net profit after tax: Q2 FY27 ₹16.71 crore

Acquisition Approvals and Completeness

Simply Nam Beauty Acquisition:

  • Board approved acquisition of 82% shareholding on fully diluted basis in Simply Nam Beauty Private Limited
  • Maximum consideration: ₹33 crores
  • Simply Nam is engaged in marketing and sale of cosmetics products in makeup category
  • FY2025-26 turnover: ₹16.99 crores
  • Transaction expected to be completed by December 31, 2026
  • Not a related party transaction
  • Cash consideration

Aminu Wellness Acquisition Completion:

  • Acquisition of 51% stake in Aminu Wellness Private Limited completed during quarter
  • Consideration paid: ₹21.70 crores during current quarter
  • Total consideration: up to ₹32 crores (balance payable as per agreed schedule)
  • Purchase Price Allocation (PPA) in process under Ind AS 103
  • Goodwill recognized provisionally: ₹26.02 crores

Earth Rhythm Investment:

  • Exercised contractual call option to acquire 20,864 equity shares in Earth Rhythm Limited
  • Consideration: ₹9.43 crores during the quarter

Assets and Liabilities Position (Consolidated)

  • Total assets as of September 30, 2026: ₹5,342.26 crore (vs ₹4,611.38 crore as of March 31, 2026)
  • Total equity: ₹1,713.86 crore (vs ₹1,502.10 crore as of March 31, 2026)
  • Total liabilities: ₹3,628.40 crore (vs ₹3,109.28 crore as of March 31, 2026)

Subsidiary Information

The consolidated results include 22 subsidiaries as listed in Annexure 1 of the auditor's report.

Auditor Review

Walker Chandiok & Co LLP provided independent review report with unmodified conclusion on both consolidated and standalone financial results.