News ArticleSigachi Industries Posts Rs. 1,830.73 Lakh Profit Before Tax for H1 FY2026, Names Two Key Directors
Board approves Mr. Awanindra Kumar Singh as Whole-Time Director and Mr. Sridhara Narasimha Sastry as Independent Director, pending member approval
Sigachi Industries Limited announced unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2026, reporting a profit before tax of Rs. 1,830.73 lakh for the half year. The board approved the appointment of Mr. Awanindra Kumar Singh as Additional Whole-Time Director and Mr. Sridhara Narasimha Sastry as Additional Independent Director, both subject to member approval. The results include total income of Rs. 21,242.36 lakh and total expenses of Rs. 19,411.63 lakh for the half year.
Sigachi Industries Limited
General / Other
Sigachi Industries Limited announced its unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2026, reporting a profit before tax of Rs. 1,830.73 lakh for the half year along with key board appointments of two directors.
The company's total income for the half year stood at Rs. 21,242.36 lakh, with expenses amounting to Rs. 19,411.63 lakh, resulting in a profit before exceptional items and tax of Rs. 1,830.73 lakh.
The board approved the appointments of Mr. Awanindra Kumar Singh as an Additional Whole-Time Director (Professional, Executive) for two years starting October 31, 2026, and Mr. Sridhara Narasimha Sastry as an Additional Independent Director for a first two-year term, both subject to the approval of members.
The meeting also approved the release of limited review reports and published standalone and consolidated financial statements including the statement of assets and liabilities and cash flow statements for the quarter and half year ended September 30, 2026.
The company reported earnings per share of Rs. 0.41 basic and diluted for the half year period.
The board announced a postal ballot notice for the director appointments to seek shareholder approval.
Highlights
- Profit before tax of Rs. 1,830.73 lakh for the half year ended September 30, 2026.
- Total income of Rs. 21,242.36 lakh and total expenses of Rs. 19,411.63 lakh for the half year.
- Appointment of Mr. Awanindra Kumar Singh as Additional Whole-Time Director for two years effective October 31, 2026.
- Appointment of Mr. Sridhara Narasimha Sastry as Additional Independent Director for a two-year term effective October 31, 2026.
- Postal ballot notice issued to shareholders for approval of director appointments.
Key Data Snapshot
What happened
- Sigachi Industries Limited released unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2026.
- The company reported a profit before tax of Rs. 1,830.73 lakh for the half year period.
- The Board approved the appointment of two new directors: Mr. Awanindra Kumar Singh and Mr. Sridhara Narasimha Sastry, subject to member approval.
- A postal ballot notice was issued to shareholders for consent on director appointments.
Financial performance
- Total income for the half year was Rs. 21,242.36 lakh, up from Rs. 20,135.29 lakh in the prior comparable period.
- Total expenses for the half year were Rs. 19,411.63 lakh.
- Earnings per share stood at Rs. 0.41 basic and diluted for the period.
- The company reported positive cash flow from operations and investing activities details in the filing.
Regulatory and governance context
- Board meeting was held via video conference on October 31, 2026, starting at noon.
- Appointments of additional Whole-Time Director and Independent Director require shareholder approval.
- Postal ballot will be conducted to obtain member approval for the new director appointments.
Highlights
- Profit before tax of Rs. 1,830.73 lakh for the half year ended September 30, 2026.
- Total income of Rs. 21,242.36 lakh and total expenses of Rs. 19,411.63 lakh for the half year.
- Appointment of Mr. Awanindra Kumar Singh as Additional Whole-Time Director for two years effective October 31, 2026.
- Appointment of Mr. Sridhara Narasimha Sastry as Additional Independent Director for a two-year term effective October 31, 2026.
- Postal ballot notice issued to shareholders for approval of director appointments.
Disclosures
- Companies Act, 2013
- Indian Accounting Standards (Ind-AS)
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