Borosil Limited Announces Q1 FY26 Unaudited Financial Results and Key Personnel Changes
Borosil Limited has released its unaudited financial results for the quarter ended June 30, 2026. The Company also reported key changes in its senior management team following a Board meeting held on August 14, 2026. These operational updates include the resignation of a compliance officer and the appointment of new managerial personnel across various roles.Financial Performance Overview
The unaudited standalone financial results for the quarter ended June 30, 2026, show specific figures across revenue, expenses, and profitability. The Company's Board reviewed these results alongside those from Statutory Auditors, who conducted a Limited Review of the interim financial information.Key details from the Unaudited Standalone Financial Results (figures are in lakhs):
| Particulars | Quarter ended 30/06/2026 | Quarter ended 31/03/2026 | Quarter ended 30/06/2025 | Year Ended 31/03/2026 |
|---|---|---|---|---|
| Revenue From Operations | 25,656.19 | 28,598.48 | 23,268.97 | 1,19,778.13 |
| Total Income (I) | 26,358.35 | 29,394.91 | 24,254.48 | 1,22,807.50 |
| Total Expenses (II) | 24,534.93 | 27,864.33 | 21,901.24 | 1,12,216.86 |
| Profit Before Tax (V) | 1,823.42 | 1,530.58 | 2,353.24 | 10,185.82 |
| Total Tax Expenses | 463.41 | 416.64 | 606.47 | 2,627.40 |
| Profit for the Period (VII) | 1,360.01 | 1,113.94 | 1,746.77 | 7,558.42 |
Consolidated Results and Business Update
The unaudited consolidated financial results of Borosil Limited for the quarter also show a single segment related to Consumer ware products. In addition, one subsidiary, Stylenest India Limited (SIL), commenced commercial production of vacuum-insulated stainless-steel flasks, bottles, and containers from June 30, 2026.The key figures from the Unaudited Consolidated Financial Results:
| Particulars | Quarter ended 30/06/2026 | Quarter ended 31/03/2026 | Quarter ended 30/06/2025 | Year Ended 31/03/2026 |
|---|---|---|---|---|
| Revenue From Operations | 25,358.55 | 28,411.98 | 23,268.97 | 1,19,591.63 |
| Total Income (I) | 26,023.95 | 29,176.51 | 24,251.13 | 1,22,555.11 |
| Total Expenses (II) | 24,280.25 | 27,700.95 | 21,903.26 | 1,12,056.43 |
| Profit Before Tax (VII) | 1,743.70 | 1,475.56 | 2,347.87 | 10,093.86 |
Senior Management and Governance Appointments
During the board meeting, several changes were noted regarding the Company's senior management team:Key Managerial Personnel Changes:
- Resignation of Mr. Bhaunik Shah: Mr. Bhaunik Shah resigned from his roles as Company Secretary and Compliance Officer (a Key Managerial Personnel and Senior Management Personnel) with effect from August 14, 2026, due to internal role re-alignment. He will continue to remain in the employment of the company.
- Appointment of Mr. Pradeep Joshi: Mr. Pradeep Joshi was appointed as Company Secretary and Compliance Officer, who is a Key Managerial Personnel, effective August 15, 2026. Prior to this, he had been appointed as Senior Management Personnel since July 13, 2026.
- Appointment of Mr. Parag Parekh: Mr. Parag Parekh, Vice President - Internal Audit, was appointed as a Senior Managerial Personnel with effect from August 14, 2026.
Details regarding the appointment of Mr. Pradeep Joshi include his extensive experience in corporate secretarial practice and governance, including previous roles at JK Paper Limited and Welspun Corp Limited. The appointment of Mr. Parag Parekh is noted for his over 22 years of experience across Internal Audit, Corporate Governance, and Risk Management.
BOROLTD Stock Price Movement
Borosil Limited shares slipped on Friday, closing at ₹238.55 after shedding 2.84% from the previous close. The equity saw significant movement during the session, which included a volume of 40,301 and a low intraday price of ₹237.05.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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