Summary of Key Information:
Reporting Period: Second quarter and half year ended June 30, 2026\
Nature of Filing / Announcement: Outcome of Board Meeting under Regulation 30, 33 of SEBI (LODR) Regulations, 2015
Date of Board Meeting / Approval: August 6, 2026\
Audit Opinion: Unmodified opinion (unqualified opinion) issued by S. R. Batliboi & Associates LLP\
Auditor's Comment: Highlighted uncertainties regarding applicable regulations including sanctions arising from geopolitical conflicts affecting subsidiary operations (Note 4)
Key Financial Highlights [₹ in Millions]
Standalone Results:
Quarter ended June 30, 2026:\
- Revenue from Operations: ₹260.84 (Q2 FY25: ₹243.06; Q1 FY26: ₹415.91)\
- Total Income: ₹271.04\
- Net Profit: ₹12.26 (Q2 FY25: ₹2.09; Q1 FY26: ₹11.20)\
- EPS: ₹0.04 (not annualized)
Half year ended June 30, 2026:\
- Revenue from Operations: ₹676.75 (H1 FY25: ₹612.92; FY25: ₹1,306.21)\
- Total Income: ₹692.92\
- Net Profit: ₹23.46 (H1 FY25: ₹(24.51); FY25: ₹94.46)\
- EPS: ₹0.07 (not annualized)
Standalone Balance Sheet as at June 30, 2026:\
- Cash and Cash Equivalents: ₹20.42 (Dec 31, 2025: ₹37.42)\
- Other Equity: ₹8,388.32 (Dec 31, 2025: ₹8,365.34)\
- Debt: Short-term: ₹255.00; Long-term: ₹1,445.00; Total: ₹1,700.00 (unchanged from Dec 31, 2025)
Consolidated Results:
Quarter ended June 30, 2026:\
- Revenue from Operations: ₹51,671.58 (Q2 FY25: ₹44,013.83; Q1 FY26: ₹45,207.30)\
- Total Income: ₹52,002.15\
- Net Profit: ₹3,409.86 (Q2 FY25: ₹829.95; Q1 FY26: ₹1,578.64)\
- EPS: ₹8.81 (not annualized)
Half year ended June 30, 2026:\
- Revenue from Operations: ₹96,878.88 (H1 FY25: ₹81,693.99; FY25: ₹169,458.25)\
- Total Income: ₹97,670.75\
- Net Profit: ₹4,988.50 (H1 FY25: ₹(321.09); FY25: ₹1,358.94)\
- EPS: ₹12.42 (not annualized)
Consolidated Balance Sheet as at June 30, 2026:\
- Cash and Cash Equivalents: ₹11,954.21 (Dec 31, 2025: ₹9,257.02)\
- Other Equity: ₹79,273.88 (Dec 31, 2025: ₹73,818.49)\
- Total Debt: Non-current borrowings: ₹74,506.48; Current borrowings: ₹26,138.35; Total: ₹100,644.83 (Dec 31, 2025: ₹90,467.02)
Segment-wise Performance [₹ in Millions]:
Quarter ended June 30, 2026:\
- Carbon Segment Revenue: ₹40,211.32; Segment Profit: ₹7,732.54\
- Advanced Materials Segment Revenue: ₹11,978.70; Segment Profit: ₹1,605.94\
- Cement Segment Revenue: ₹2,968.30; Segment Profit: ₹59.88
Half year ended June 30, 2026:\
- Carbon Segment Revenue: ₹75,487.57; Segment Profit: ₹13,934.28\
- Advanced Materials Segment Revenue: ₹21,728.88; Segment Profit: ₹2,245.16\
- Cement Segment Revenue: ₹5,706.55; Segment Profit: ₹48.55
Corporate Actions:
- Declared Interim Dividend of ₹1.00 per equity share (50% on face value of ₹2 per share) for FY26\
- Aggregate dividend payout: ₹336.35 million\
- Record Date: Friday, August 14, 2026
Other Significant Information:
- Note 4 highlights geopolitical conflicts causing volatility in commodity prices, stock and foreign exchange markets\
- Subsidiary Severtar Holding Limited (SHL) facing regulatory compliance issues in Cyprus\
- SHL transferred from Cyprus to Kaliningrad SAR and registered as Severtar Holding LLC (SHLLC)\
- Management believes it is in compliance with applicable laws and doesn't foresee recoverability issues\
- The Group designated certain inter-company loans between US and Germany subsidiaries as net investment in foreign operation