News ArticleFine Organic Industries Posts Rs.135.14 Crore Q2 Profit and Expands Subsidiary Investment by Rs.120 Crore
Board approves standalone and consolidated results for quarter ending September 30, 2026, and raises subsidiary investment limit for factory setup
Fine Organic Industries Limited approved its standalone and consolidated unaudited financial results for Q2 and H1 ended September 30, 2026, with a net profit of Rs.135.14 crore in the quarter. The company also sanctioned a Rs.120 crore increase in investment limit in its wholly owned subsidiary Fine Organic Industries (SEZ) Private Limited for a new manufacturing unit, raising total permissible investment to Rs.420 crores.
Fine Organic Industries Limited
Acquisition / Amalgamation / Merger / Demerger
Fine Organic Industries Limited announced its standalone and consolidated unaudited financial results for the quarter and half year ended September 30, 2026, reporting a net profit of Rs.135.14 crore in the quarter. The Board also approved a Rs.120 crore increase in investment in its wholly owned subsidiary Fine Organic Industries (SEZ) Private Limited to support a new manufacturing plant, boosting the total investment limit to Rs.420 crores.
The Board meeting was held on November 2, 2026, approving the unaudited financial performance as reviewed by the Audit Committee and accompanied by a limited review report from the statutory auditor CNK & Associates LLP.
For Q2 FY2027, the company reported revenue from operations of Rs.693.49 crore and total income of Rs.720.78 crore. Expenses totaled Rs.538.10 crore resulting in a profit before tax of Rs.182.68 crore. After tax expenses such as current tax and deferred tax, net profit stood at Rs.135.14 crore.
The investment increase by Rs.120 crore in the wholly owned subsidiary Fine Organic Industries (SEZ) Private Limited will be allocated for setting up a manufacturing unit and can be utilized via multiple tranches through equity or preference shares.
The total assets as of September 30, 2026, stood at Rs.3,024.85 crore with equity capital totaling Rs.15.33 crore and other equity of Rs.2,746.91 crore.
The company’s Board meeting commenced at 12:30 p.m. and concluded at 4:30 p.m. on November 2, 2026.
Highlights
- Net profit for Q2 ended September 30, 2026: Rs.135.14 crore
- Revenue from operations in Q2 FY2027: Rs.693.49 crore
- Total income for the quarter: Rs.720.78 crore
- Board approves Rs.120 crore increase in subsidiary investment limit
- New total investment limit in Fine Organic Industries (SEZ) Private Limited: Rs.420 crores
- Investment to support manufacturing unit setup in the subsidiary
Key Data Snapshot
What happened
- Fine Organic Industries Limited approved its standalone and consolidated unaudited financial results for the quarter and half year ended September 30, 2026.
- The company reported a net profit of Rs.135.14 crore for the quarter.
- A limited review report by statutory auditors CNK & Associates LLP confirmed no material misstatements in the results.
- The Board approved a Rs.120 crore increase in the investment limit in the wholly owned subsidiary Fine Organic Industries (SEZ) Private Limited, raising the total permissible investment to Rs.420 crores.
Key details
- Investment increase will be utilized for setting up a manufacturing unit in the subsidiary.
- Investment can be made through subscription to equity shares, preference shares, or a combination thereof in one or more tranches.
- The standalone financial results include revenue from operations of Rs.693.49 crore and total income of Rs.720.78 crore for the quarter.
- Total assets of the company as of September 30, 2026, amount to Rs.3,024.85 crore.
- The Board meeting was held on November 2, 2026, starting at 12:30 p.m. and ending at 4:30 p.m.
Regulatory and governance context
- Financial results were prepared in compliance with Indian Accounting Standard 34 (IND AS 34) and SEBI Listing Regulations.
- Results were reviewed by the Audit Committee and approved by the Board of Directors.
- Limited review report conforming to Standards on Review Engagements was obtained from CNK & Associates LLP.
- Disclosure complies with Regulation 30 and 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Highlights
- Net profit for Q2 ended September 30, 2026: Rs.135.14 crore
- Revenue from operations in Q2 FY2027: Rs.693.49 crore
- Total income for the quarter: Rs.720.78 crore
- Board approves Rs.120 crore increase in subsidiary investment limit
- New total investment limit in Fine Organic Industries (SEZ) Private Limited: Rs.420 crores
- Investment to support manufacturing unit setup in the subsidiary
Disclosures
- SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
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