De Nora India Approves Unaudited Q Results, Increases Related Party Transaction Limits
De Nora India Limited announced several key decisions following its Board of Directors meeting on July 30, 2026. The board approved the unaudited financial results for the quarter ended June 30, 2026, and sanctioned material related party transaction limits with Industriee De Nora S.p.A., Italy. Furthermore, the company appointed a Cost Auditor for the fiscal year 2026-27.Financial Performance Snapshot
The Board reviewed and approved the Unaudited Financial Results of De Nora India Limited for the quarter ending June 30, 2026, which were reviewed by the Audit Committee. The results, along with a Statutory Auditor's Limited Review Report, reflect various performance metrics across different reporting periods.A summary of the key financial figures is provided in the table below:
| Particulars | Quarter ended June 30, 2026 (Unaudited) | Quarter ended March 31, 2026 | Quarter ended June 30, 2025 (Unaudited) | Year ended March 31, 2026 (Audited) |
|---|---|---|---|---|
| Revenue from operations | 3,527.10 | 2,196.83 | 4,196.93 | 12,162.31 |
| Other Income | 345.16 | 186.84 | 235.70 | 735.46 |
| Total Income | 3,872.26 | 2,383.67 | 4,432.63 | 12,897.n |
| Total Expenses | 3,012.37 | 2,476.52 | 3,998.42 | 11,697.80 |
| Profit before tax | 859.89 | (92.85) | 434.21 | 1,199.97 |
| Total Income tax expense/ (credit) | 220.93 | 129.10I | 109.29 | 294.43 |
| Profit/(Loss) for the period | 638.96 | 163.751 | 324.92 | 905.54 |
Related Party Transaction Approvals
The Board meeting approved several approvals concerning Material Related Party Transactions with Industriee De Nora S.p.A., Italy. The decisions cover both current and future limits for these transactions, subject to subsequent approval by the company's Members at the Annual General Meeting.Approved aspects include:
- Future Transaction Limit: An aggregate value not exceeding Rs. 2,770 lakhs was approved for Material Related Party Transactions with Industriee De Nora S.p.A. during the financial year 2027-28.
- Increased Current Limit: The maximum aggregate value of Material Related Party Transactions with Industriee De Nora S.p.A. for the financial year 2026-27 was increased from Rs. 2,080 lakhs to Rs. 2,430 lakhs.
Cost Auditor Appointment Confirmed
The Board also approved the appointment of Mis. Dilip Madhukar Vengurlekar, Cost Accountants (FRN: 100623, M. No. 5824), as the Cost Auditor of De Nora India Limited for the Financial Year 2026-27.The firm responsible for the appointment was noted to be a proprietorship established in July 2007, and the proprietor holds the designation of Fellow Cost Accountant (Membership No. 5824).
DENORA Stock Price Movement
Shares of De Nora India Limited slipped by 0.34% in post-market trading today, settling at ₹862.35 following session activity. The stock managed to hold above its daily low and saw a traded volume of 1,182 shares.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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